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HEXO Equities Warrants Exp 2 Apr 2024 T.HEXO.W.A

Hexo Corp. is a Canada-based consumer packaged goods cannabis company. The Company is engaged in cultivating, processing, packaging, and distributing cannabis products to serve the cannabis market. The Company serves the Canadian recreational market with a brand portfolio, including HEXO, Redecan, UP Cannabis, Original Stash, 48North, Trail Mix, Bake Sale and Latitude brands, and the medical market under HEXO medical cannabis in Canada and Israel. Its HEXO brand offers a range of flower strains, discreet capsules, and convenient vapes, including the HEXO FLVR lineup of flavor-first vapes, and HEXO Plus high potency flower, exclusive to Quebec. Its brand Namaste is a recreational cannabis brand for mindful consumers.


TSX:HEXO.W.A - Post by User

Comment by Keeleron Dec 23, 2022 3:03pm
79 Views
Post# 35190210

RE:RE:RE:RE:Up to $180 million Equity Backstop Financing

RE:RE:RE:RE:Up to $180 million Equity Backstop FinancingThe funds - $5 million a month max - go into Tilray's bank account as they repay the debt Hexo owes. There isnt left for revenue generation - which is one reason why Truss USA shut down, Hexo had no money and Molson didntw ant to invest anymore into a dead JV

RE:RE:RE:Up to $180 million Equity Backstop Financing
TheNewOldtimer wrote:Reinforce that Hexo will have access to necessary funds.


What use for the funds if they can't generate positive but instead declining revenue. I am not talking about profit here but revenue.

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