Zenabis Global Inc. T.ZENA

We are a diverse, passionate team of doctors, scientists, researchers, growers, educators, and advocates who came together with the goal of increasing access to safe, high quality cannabis for medical patients and recreational consumers. Our four facilities are located coast-to-coast across Canada in Delta and Langley, British Columbia; Atholville, New Brunswick; and Stellarton, Nova Scotia. Zenabis currently owns 3.5 million square feet of facility space.

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Zenabis Global Inc. > Zena will trade in relation to HEXO

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Post by quinlashon Apr 03, 2021 11:51am

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Post# 32933797

Zena will trade in relation to HEXO

The shareprice of Zena shares can be expected to trade in tandem with HEXO considering they are fully expected to merge in May. The shares will convert over to HEXO shares at a rate of .01772 so like it or not the price is likely to be capped right at the conversion ratio

HEXO at $8 would be ZENA at .14

HEXO at $9 would be ZENA at .16

HEXO at $14 would be ZENA at .25

If traders wish to sell cheaper than the conversion ratio then so be it but after the deal gets voted through the value of the ZENA shares moves up to close the gap.

GLTA

Q

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