RE:RE:RE:RE:RE:RE:RE:HEXO paid Molson's $69M in warrants for their Joint VentureAll the deal does is allow molsons to buy 11,500,000 shares for $6 sometime in the future, so if for some unbeleivable good fortune(dont hold your breath) HEXO goes to 12$ they make 69 million clear profit;;; BUT to say HEXO paid them $69 million dollars is disengenuous at best and in reality HEXO will make 69 Million not molsons if Molsons converts the warrents
Oasisjunior wrote:
Thanks for explaining this and using little words so everyone here understands how this deal was set up with Molson.