RE:SSLL BNN TV Interesting stuff, thank you PT.
The Canadian cannabis industry is in a consolidation phase and at the end, it is expected that maybe 3 companies will dominate. In the case of HEXO, it is therefore a situation of buy, grow, and come out a Top-3 LP, or else simply be swallowed by a larger company.
Yes, the HIP deal was a very expensive lesson that remains fresh in their minds I am sure. So they studied Zenabis very carefully; it is a fish they can swallow that will allow them to get bigger and stronger.
PT12345 wrote: https://www.bnnbloomberg.ca/video/acquiring-zenabis-unlocks-value-and-ability-to-become-a-long-term-world-leader-hexo-ceo~2141214
although CPG F100 partnership is what most, if not all longs - are patiently waiting for, my assumption is: this deal is needed is required for their assault on the US & to a lesser extent EU
glta