RE:Why would Tilray buy Hexo?So much to unravel there. I will be brief and hopefully you can follow along. At the Rate your posting on the Hexo Board i have my doubts.
Tilray has came to an agreement with the holder of the convertible DEBT notes that are SECURED with the assets of Hexo.
It means that Tilray is paid out before other debt HOLDERS because TILRAY would OWN SECURED DEBT.
The current HOLDERS of this DEBT are not demanding payment from HEXO as your STORY suggests.
WAKE UP AND UNDERSTAND "SECURED DEBT ON CONVERTIBLE NOTES."
If Tilray waits and lets Hexo go Bankrupt as some posters have said " i ask you this what guarantee does TILRAY have in aquiring positive assets" ANSWER is NONE because liquidation is a bidding war.
WAKE UP LONGS and realize that the SHORTS AND PEOPLE WHO HAVE AGENDA'S are going to Bash this PARTNERSHIP to create FEAR.
I Remember Aphria going to zero .Never Happened. Tilray will explode Real Soon.
Earnings are coming . POSITIVE EBITA AGAIN