HEXO Equities Warrants Exp 2 Apr 2024 T.HEXO.W.A

Healthcare Cannabis

Hexo Corp. is a Canada-based consumer packaged goods cannabis company. The Company is engaged in cultivating, processing, packaging, and distributing cannabis products to serve the cannabis market. The Company serves the Canadian recreational market with a brand portfolio, including HEXO, Redecan, UP Cannabis, Original Stash, 48North, Trail Mix, Bake Sale and Latitude brands, and the medical market under HEXO medical cannabis in Canada and Israel. Its HEXO brand offers a range of flower strains, discreet capsules, and convenient vapes, including the HEXO FLVR lineup of flavor-first vapes, and HEXO Plus high potency flower, exclusive to Quebec. Its brand Namaste is a recreational cannabis brand for mindful consumers.

TSX:HEXO.W.A - Post by User

HEXO Equities Warrants Exp 2 Apr 2024 > Moving forward . . .

<< Previous

Bullboard Posts

Next >>

Comment by quinlashon May 11, 2021 12:07pm

52 Views

Post# 33173935

RE:Moving forward . . .

Possible but they already have a solution for drinks in Colorado, I would be betting on an edibles play so some sort of cookie or snack bar production facility

JMHO

Lappy001 wrote:
Rumor on another forum is that HEXO may be purchasing the old Coors HQ in Colorado. If this is the case, well, it is a sign of a healthy and on-going business collaboration between Molson-Coors and HEXO (. . . )

As for the ATM equity program ($150m CND), it is needed and was expected for the U.S. capital expenditure, to pay off at least part of the Zenabis debt (high interest rate), for on-going development of the Belleville facility (new CPG partners), as well as potential future M&As in the Canadian space as consolidation of the cannabis industry continues.

I don't like dilution either, but in the case at hand, it is not to "pay the rent" but rather to grow the company into a profitable business giant . . .