quinlash wrote: Good Work Ben, glad to see someone doing a bit of research on their own. Regarding False and Misleading statements lets take a look at the False and Misleading Article published last year regarding HEXO Corp.
The article implied (mislead) readers into thinking the company had some sort of association with the Hell's Angels Motorcycle Group. The article itself was so poortly written it was laughable however the shareprice did indeed take a tumble from that time forward. The shareprice at the time of publication was $1.62 CDN with the price taking a substantial drop in the days, weeks, months following.
I will agrue that the article was misleading based on several realities...
-> HEXO has not lost it's license nor have any charges ever been laid against the company
-> Molson Coors has since expanded it's operation with HEXO Corp across the US
-> Tilray has stepped in to pick up apx 200 Million of HEXO Debt
If the claims stated in the article were true none of the above would have taken place.
This is a link to the original article from 2021, read it over and see if it sounds like something credible or a pile of horse shyte considering (again) HEXO is in operation and continuing to close deals.
https://www.journaldemontreal.com/2021/11/18/un-proche-des-hells-chez-un-gros-vendeur-de-pot-legal If HEXO investors have sold at a loss since Nov 18th 2021 they may benefit from mounting a class action lawsuit against the NewsPaper and the Journalist that published the article.
Under Canadian Law Employees of a company breaking the law can be sued directly.
I would also say that anyone reposting this article, or photos associated with it, should be noted (screen shots of the posts collected) for use in any class action lawsuits against the NewsPaper or Individuals spreading this FUD.
This is what I posted earlier on the subject
Nov 18
th, 2021 A Newspaper out of Quebec, that has been classified as a Tabloid by the Globe and Mail, published a article that implied there was a connection between Redecan (now part of HEXO) and the Hell’s Angel’s. The article relied heavily on some Instagram Photos showing a Redecan employee with a member of the Motorcycle Club. No evidence outside the photos was presented to support the implied association.
While HEXO Corp did issue a statement via Twitter noting that it holds to the highest legal standards as well as made statements to the Globe and Mail denouncing the article as an attack on the company no further news is available at this time. HEXO is not under investigation due to this however they are going through the necessary steps to ensure all legal requirements are being complied with.
(Nov 25, 2021) Globe and Mail Follow-Up to Tabloid Article https://www.theglobeandmail.com/business/article-quebec-authorities-questioning-cannabis-producer-hexo/ Alternative Link to view Globe and Mail Article (Copied to StockHouse) https://stockhouse.com/companies/bullboard?symbol=t.hexo&postid=34203334