RE:RE:HEXO + Tilray Merger Obvious quinlash wrote: Adding the BNN Interview with the CEO of Tilray regarding the deal and synergies Tilray expects to realize from investing in HEXO Corp
(Mar 4, 2022) BNN Bloomberg Interview with Tilray CEO Regarding HEXO Deal https://www.bnnbloomberg.ca/tilray-strikes-deal-with-hexo-to-buy-211m-in-debt-launch-joint-venture-1.1731864 quinlash wrote: Not sure who took the time over the weekend to go through all the Tilray interviews and presentations however it is rittled with references to merging production facilities, cooperating on product research and development as well as jointly expanding into new markets.
IMHO the writing is on the wall for anyone who has a lick of sense to see it... these two companies are planning on an eventual merger to produce the World's Largest Legal Cannabis Producer.
Jointly the two companies combined are expected to control 30% of the legal Market according to the CEO of Tilray.
Here are a couple of links for those who need them
(Mar 4, 2022) Tilray Brands – HEXO Corp. Strategic Alliance Webcast
https://youtu.be/gbx1md3Fzr0
(Jan 18, 2022) Revised Investors Deck – THE PATH FORWARD
https://www.hexocorp.com/investors/
Well, Hexo will own to TILRAY around $180m @ 10% interest rate AND TILRAY will be able to convert the balance of this debt in shares at 0,90$/shares. It is a pretty good deal for TILRAY as well. For sure, HEXO isn't out from the forest. Hope the next Q will improve a positive trend for EBITDA and EPS. GLTA...Gaillard.