Posted this on the HEXO board this morning. I still like HEXO but I think it may take a little longer to digest this latest move. There are a few big time
pumpers here, but a least they provide some good information. Moved my marijuana holding money to
Cresco warrants. They are already well into the money and should jump significantly as we get closer to
earnings. My other big bet is Moderna, which took a hit a few weeks ago but should also jump nicely
with news of the money coming in from vaccine sales. Cresco just completed a bought deal for $16.00.
The stock dropped a little, just enough to make the warrants really attractive. The stock is trading around
$17.60. You can buy the stock for $12.50 with one warrant. You can pick up the warrants for $6.40 this morning.
I think Cresco could easily hit $25.00 withing the next few months which would value the warrants at
$25.00 -$12.50 = $12.50 plus some time value. Those HIP warrants look interesting. Would be nice if
we knew the conversion factor for sure. If it is as stated on their website, could be a nice little lottery ticket buy.