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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 Apr 12, 2023 11:45pm
83 Views
Post# 35392031

RE:RE:RE:RE:TILRAY / HEXO Merger - Share Ratio Clarification

RE:RE:RE:RE:TILRAY / HEXO Merger - Share Ratio ClarificationExcept it's not what Hexo's shares are valued at today - the $1.58 you posted, compared to Tilray's price today.

It's what each investor paid for his Hexo shares - the longs for example have stated that they have average costs of $10 or more for each Hexo share.

So it's their actual cost - 4,000 x $10 = $40,000, compared to the $3.28 x 4000 = $5,707.

And no Tilray will NOT be increasing their offer - and if Hexo investors vote no (which they wont), then Hexo willd eclare bankruptcy and the investors will get ZERO for their $40,000 investment.


 
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