RE:RE:RE:RE:RE:RE:RE:RE:RE:Tilray + HEXO Merger / Acquisition a GivenI expect if HEXO did that it would help boost all cannabis stocks with a massive Short Covering on HEXO. I think HEXO should just do it, drop down to the CSE. Nothing to lose and everything to gain.
Yeah my Round 2 of these Calls the explosives were doused in gas and a spark hit from the matches. The weeklies are crazy to play. $11 contracts hit a low of $3 today,.. currently at $6. The old explosives wick is a little short. Expecting these may go Kabooom in my face. It happens, that is why they are loco to play. Good rush when you are winning, not such a good rush if they go Kaboom.
DeMarks indicators today are $5.44 - $5.67 USD, and they have kept it below that range which is surprising. The DeMarks have been very accurate for a long while. Figured I would get a morning pop to get an exit on the weeklies, didn't happen. 50 Day Avg is $5.43, which also happens to be the high of the day. Not looking so good with the lower volume too. Expecting my 2nd round on these weeklies to go Kaboom if the old F
reday does its regular thing again. I could take a loss right now, but screw it I will ride or die into tomorrow like crazy fool. Maybe I get lucky, maybe not. That is life. Just glad I made ok on the 1st round.
cheers
momo
hevin wrote: Oooooh you've hatched a nasty plan Dr Evil LOL. Would LOVE seeing shorts scurrying back into their rancid holes with nothing left in their pockets. Btw Common, was rotglmfao when you described weekly options as playing with matches, gas and gunpowder (something like that) all at the same time. Giant titanium clackers! I'll stick to my 2 year leap calls for now...
CommonCentsforDollars wrote: You are correct. That would be the smart thing to do, dropping down to the CSE not only for the reason you mention. Delisting off of the TSX and Nasdaq would ALSO force short sellers to have to Cover. Between the TSX and Nasdaq for HEXO there are 57.43 Million Shares Sold Short as per the last Report.
DaveInCalgary wrote: I doubt Hexo or Tilray or Molson Coors is concerned if Hexo starts trading on CSE and continues making cannabis investments into the USA.
This cannabis facility listed here is just 2 miles from the Sweetwater Beer Distillery also in Fort Collins Colorado. Short drive to Breckenridge Whiskey Distillery. OTTAWA, June 28, 2021 (GLOBE NEWSWIRE) -- HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NYSE: HEXO) announces closing of the previously disclosed transaction to purchase its first US production facility through a wholly owned US subsidiary. The ~50,000 sq. ft. facility in Fort Collins, Colorado will provide US CPG companies and consumers access to the Powered by HEXO® technology and products.
“The Colorado facility will allow us to successfully execute on our US strategy, which includes supplying high quality Powered by HEXO® technology and leveraging our intellectual property portfolio across the United States,” said HEXO Corp CEO and co-founder Sebastien St-Louis. “The facility will also provide us with the necessary infrastructure to continue expanding our joint-venture with Molson Coors to create Truss CBD-infused beverages, while also creating the necessary capacity to support future, non-beverage CPG partnerships.”
The Colorado production facility, HEXO’s first in the US, is zoned for production of a full range of cannabis products and offers a variety of operational capabilities. The site is located along primary shipping routes and will be retrofitted to support Powered by HEXO® initiatives across the country, in compliance with all applicable laws and regulations.
Powered by HEXO® is the trusted solution for leading CPG companies to safely enter the cannabinoid market, combining HEXO's expertise in cannabis with CPG partners’ expertise in their industries to co-develop best-in-class cannabinoid-infused products.
About HEXO
HEXO is an award-winning licensed producer of innovative products for the global cannabis market. HEXO serves the Canadian recreational market with a brand portfolio including HEXO, UP Cannabis, Original Stash, Bake Sale, Namaste, and REUP brands, and the medical market in Canada, Israel and Malta. The Company also serves the Colorado market through its Powered by HEXO® strategy and Truss CBD USA, a joint-venture with Molson Coors. In the event that the previously announced transactions to acquire 48North and Redecan close, HEXO expects to be the number one cannabis products company in Canada by recreational market share.
https://www.globenewswire.com/news-release/2021/06/28/2253703/0/en/HEXO-Corp-formalizes-its-US-presence-with-acquisition-of-production-facility-in-Colorado.html