RE:RE:RE:RE:Molson - Coors to buyout HEXO Rumour???You can't judge the size of any company by it's shareprice. HEXO is projecting it will be a top 2 player based on Rec sales. If my own projections are correct then I have to agree with their statement. If you were doing some projection numbers you would likely be seeing the same.. that's called research.
Molson actually changed it's name a couple of years back to remove Brewing and replaced it with Beverages... they're moving away from their traditional business model and moving into non-alochol drinks... like CBD... which they partnered with HEXO twice for... again.. that requires research.
The lack of knowledge of the company is astounding on this forum. Frankly I think most here are daytraders and not actual investors.
Think about it... why wouldn't Molson make a play for HEXO ? They're partnered anyway and the shareprice has been beaten down to a pulp from it's 52 week highs.
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rabnud wrote: I can not even begin to imagine why a beer company the size of coors would mess with a little wee weed growing company ;; makes little to no sense in my opinion