BLACKROCK Municipal Income TRUST V.BFK.P

RE:Just FYI - Money could come from anywhere ;-)

[Keeler]

atta boy jimmy - keep the story alive


Jimmy713 - (11/21/2021 7:59:55 AM)
Just FYI - Money could come from anywhere ;-)

The government of Quebec discussed last week the possibility of offering financial support to a cannabis producer who has just acquired a firm linked to a relative of the Hells Angels.

• To read also: UPAC will look into the links of the cannabis producer HEXO

• To read also: A relative of the Hells at a big seller of legal pot

The Minister of the Economy Pierre Fitzgibbon met for this purpose, on November 8, with Scott Cooper, the CEO of the Gatineau pot producer HEXO, according to information obtained by our Bureau of Investigation.

The purpose of the meeting would have been to discuss the possibility of providing assistance to HEXO, in the wake of a negative report from the external auditor PwC.

This report, made public at the end of October, expressed "substantial doubt on [the] ability [of HEXO] to continue operating".

“Minister Fitzgibbon has met with the President of HEXO over the past few weeks. The subject of the minister's meetings remains confidential, ”Mathieu St-Amand, press secretary of the minister told us yesterday by email.

“As the only major cannabis producer headquartered in Quebec, HEXO speaks with government officials on a number of topics in the normal course of business. We do not disclose the nature of these meetings, ”responded a spokesperson for HEXO.

According to our information, Quebec has also contacted potential investors outside the government to test their interest in betting with him on HEXO.

Listen to Le Bon Plant, a cannabis podcast that goes beyond the beaten track, beyond preconceived ideas.

However, the response from the latter has been mixed due to valuations currently considered excessive for many companies in the cannabis industry. The Legault government has therefore decided not to embark on the adventure for the moment.

When contacted, the Caisse de dpt et placement and the Fonds de solidarit FTQ both told us that they did not want to comment on private discussions that may or may not have taken place.

Both told us that their current policy is not to invest in cannabis producers.

Lobbying

A new mandate in the Lobbyists Registry of more than $ 100,000 was entered for HEXO on October 8 by Alexandre Meterissian, in particular with the aim of "having a State participation in the capital stock of the company".

Our Bureau of Investigation revealed this week that the Sret du Qubec recently alerted Ottawa to the fact that HEXO, the largest cannabis supplier to the Socit qubcoise du cannabis (SQDC), acquired in May a company linked to a close to the Hells Angels. 

This close to the Hells, Josh Hill, once had an office at Redecan, the company bought by HEXO. His family became a shareholder of HEXO in the $ 925 million transaction.

The Permanent Anti-Corruption Unit (UPAC) will check this file following a request from the Public Procurement Authority (AMP), we learned on Thursday.

HEXO also announced yesterday the resignation of Sbastien St-Louis, the founder of HEXO, from the company's board of directors.

-With the collaboration of Yves Daoust

The Quebec Society of cannabis, which hexo is a preferred supplier, said yesterday profits of $ 19 million in 2 nd quarter.

IN A FEW DATES

• May 28: HEXO announces the purchase of Ontario producer Redecan for $ 925 million
• October 18: HEXO announces the immediate departure of its CEO, Sbastien St-Louis
• October 29: PwC report expresses doubts about HEXO's financial viability
• November 8: HEXO's new CEO meets Minister Fitzgibbon for financial assistance
• November 18: the 'demand AMP UPAC conduct audits on hexo a result of the presence of a near Hells in the entourage of hexo
• November 19: Sbastien St-Louis resigns from the Board of HEXO 
•  

Jimmy713 - (11/21/2021 7:59:55 AM)
Just FYI - Money could come from anywhere ;-)

The government of Quebec discussed last week the possibility of offering financial support to a cannabis producer who has just acquired a firm linked to a relative of the Hells Angels.

• To read also: UPAC will look into the links of the cannabis producer HEXO

• To read also: A relative of the Hells at a big seller of legal pot

The Minister of the Economy Pierre Fitzgibbon met for this purpose, on November 8, with Scott Cooper, the CEO of the Gatineau pot producer HEXO, according to information obtained by our Bureau of Investigation.

The purpose of the meeting would have been to discuss the possibility of providing assistance to HEXO, in the wake of a negative report from the external auditor PwC.

This report, made public at the end of October, expressed "substantial doubt on [the] ability [of HEXO] to continue operating".

“Minister Fitzgibbon has met with the President of HEXO over the past few weeks. The subject of the minister's meetings remains confidential, ”Mathieu St-Amand, press secretary of the minister told us yesterday by email.

“As the only major cannabis producer headquartered in Quebec, HEXO speaks with government officials on a number of topics in the normal course of business. We do not disclose the nature of these meetings, ”responded a spokesperson for HEXO.

According to our information, Quebec has also contacted potential investors outside the government to test their interest in betting with him on HEXO.

Listen to Le Bon Plant, a cannabis podcast that goes beyond the beaten track, beyond preconceived ideas.

However, the response from the latter has been mixed due to valuations currently considered excessive for many companies in the cannabis industry. The Legault government has therefore decided not to embark on the adventure for the moment.

When contacted, the Caisse de dpt et placement and the Fonds de solidarit FTQ both told us that they did not want to comment on private discussions that may or may not have taken place.

Both told us that their current policy is not to invest in cannabis producers.

Lobbying

A new mandate in the Lobbyists Registry of more than $ 100,000 was entered for HEXO on October 8 by Alexandre Meterissian, in particular with the aim of "having a State participation in the capital stock of the company".

Our Bureau of Investigation revealed this week that the Sret du Qubec recently alerted Ottawa to the fact that HEXO, the largest cannabis supplier to the Socit qubcoise du cannabis (SQDC), acquired in May a company linked to a close to the Hells Angels. 

This close to the Hells, Josh Hill, once had an office at Redecan, the company bought by HEXO. His family became a shareholder of HEXO in the $ 925 million transaction.

The Permanent Anti-Corruption Unit (UPAC) will check this file following a request from the Public Procurement Authority (AMP), we learned on Thursday.

HEXO also announced yesterday the resignation of Sbastien St-Louis, the founder of HEXO, from the company's board of directors.

-With the collaboration of Yves Daoust

The Quebec Society of cannabis, which hexo is a preferred supplier, said yesterday profits of $ 19 million in 2 nd quarter.

IN A FEW DATES

• May 28: HEXO announces the purchase of Ontario producer Redecan for $ 925 million
• October 18: HEXO announces the immediate departure of its CEO, Sbastien St-Louis
• October 29: PwC report expresses doubts about HEXO's financial viability
• November 8: HEXO's new CEO meets Minister Fitzgibbon for financial assistance
• November 18: the 'demand AMP UPAC conduct audits on hexo a result of the presence of a near Hells in the entourage of hexo
• November 19: Sbastien St-Louis resigns from the Board of HEXO 

Jimmy713 - (11/21/2021 7:59:55 AM)
Just FYI - Money could come from anywhere ;-)

The government of Quebec discussed last week the possibility of offering financial support to a cannabis producer who has just acquired a firm linked to a relative of the Hells Angels.

• To read also: UPAC will look into the links of the cannabis producer HEXO

• To read also: A relative of the Hells at a big seller of legal pot

The Minister of the Economy Pierre Fitzgibbon met for this purpose, on November 8, with Scott Cooper, the CEO of the Gatineau pot producer HEXO, according to information obtained by our Bureau of Investigation.

The purpose of the meeting would have been to discuss the possibility of providing assistance to HEXO, in the wake of a negative report from the external auditor PwC.

This report, made public at the end of October, expressed "substantial doubt on [the] ability [of HEXO] to continue operating".

“Minister Fitzgibbon has met with the President of HEXO over the past few weeks. The subject of the minister's meetings remains confidential, ”Mathieu St-Amand, press secretary of the minister told us yesterday by email.

“As the only major cannabis producer headquartered in Quebec, HEXO speaks with government officials on a number of topics in the normal course of business. We do not disclose the nature of these meetings, ”responded a spokesperson for HEXO.

According to our information, Quebec has also contacted potential investors outside the government to test their interest in betting with him on HEXO.

Listen to Le Bon Plant, a cannabis podcast that goes beyond the beaten track, beyond preconceived ideas.

However, the response from the latter has been mixed due to valuations currently considered excessive for many companies in the cannabis industry. The Legault government has therefore decided not to embark on the adventure for the moment.

When contacted, the Caisse de dpt et placement and the Fonds de solidarit FTQ both told us that they did not want to comment on private discussions that may or may not have taken place.

Both told us that their current policy is not to invest in cannabis producers.

Lobbying

A new mandate in the Lobbyists Registry of more than $ 100,000 was entered for HEXO on October 8 by Alexandre Meterissian, in particular with the aim of "having a State participation in the capital stock of the company".

Our Bureau of Investigation revealed this week that the Sret du Qubec recently alerted Ottawa to the fact that HEXO, the largest cannabis supplier to the Socit qubcoise du cannabis (SQDC), acquired in May a company linked to a close to the Hells Angels. 

This close to the Hells, Josh Hill, once had an office at Redecan, the company bought by HEXO. His family became a shareholder of HEXO in the $ 925 million transaction.

The Permanent Anti-Corruption Unit (UPAC) will check this file following a request from the Public Procurement Authority (AMP), we learned on Thursday.

HEXO also announced yesterday the resignation of Sbastien St-Louis, the founder of HEXO, from the company's board of directors.

-With the collaboration of Yves Daoust

The Quebec Society of cannabis, which hexo is a preferred supplier, said yesterday profits of $ 19 million in 2 nd quarter.

IN A FEW DATES

• May 28: HEXO announces the purchase of Ontario producer Redecan for $ 925 million
• October 18: HEXO announces the immediate departure of its CEO, Sbastien St-Louis
• October 29: PwC report expresses doubts about HEXO's financial viability
• November 8: HEXO's new CEO meets Minister Fitzgibbon for financial assistance
• November 18: the 'demand AMP UPAC conduct audits on hexo a result of the presence of a near Hells in the entourage of hexo
• November 19: Sbastien St-Louis resigns from the Board of HEXO 
•