RE:'Streamlining' business = LoLHexo bought Newstriek for $265 million - then closed and sold it 6 months (for $10 million) later to stream line operations to market demand.
6 months after that - they figured they needed the production area after all - and spent $250 million on Zenabis - and have now vacated the Langley facility (still paying rent though), closed Atholville - and reduced Stellarton faciltiies.....to streamline operations
Bought 48North (for whatever reason) which had already shut down their outdorr operations - and have since closed 48N the other facilities
Closing Belleville - after spending 10s of millions in reonvations and upgrades - to a Hexo Board member for $10 million - as they were streamlining operations
Streamlining? 'The Path Backward' strategic plan was nothing more than facility closures and employee layoffs.
Tilray gets a bunch of empty facilties for.........nothing.
Meanwhile, SSL is cruising in his power boat
BlackieCrook - (6/16/2022 12:16:32 PM)
'Streamlining' business = LoL