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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.


TSX:ZENA - Post by User

Comment by Jimmy713on Apr 05, 2021 8:11am
86 Views
Post# 32936150

RE:Key Dates re Acquisition Moving Forward Expeditiously

RE:Key Dates re Acquisition Moving Forward ExpeditiouslyThanks MurHam, I posted your question about "Adjourned Generally", here is an answer:

It means that it's adjourned until it's rescheduled but it doesn't mean that it will be rescheduled. It's doesn't necessarily mean that it's ended but it's different than being dismissed.



MurHam wrote: Here are the key dates and details:
- Interim order with court is being presented on April 7
- vote takes place May 13
- final order with court cheduled for May 18

So all could be done by May 18th --- potentially in time for Zenabis release of Q1 results which will be very compelling (revised forecast of net cannabis revenue of $19+M with May through Augut quarter being blowout at >$30M)  as well as the reality that all conditions and the cleanup of Zenabis for acquisition into Hexo is complete.....HEXO share price by June is going to make a nice jump in the value of our converted Zena shares.

Only unknown (and need a lawyer to help interpret here) is the court case with Sundial. They were in court for May 29, 20 and April 1. The outcome of the case is tagged as "Adjourned Generally" .  Can someone help with what this "Adjourned Generally" might mean as there are no other dates scheduled as of yet. 


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