quinlash remains in a different realityAt a point a long time ago - pretty much everyone other than the burnout, momocua and vulcan of the cult, alter reality quit giving you any sort of credibility.
Noone cares.
Again, with the Truss thing - a stand alone, separate legal entity that Hexo simply had a minority interest in and had no ivolvment in day to day operations. Truss revenue and Net Loss is not shown in Hexo's financials - and Truss recently named ANOTHER COMPANY in place of Hexo as a supplier because of their higher and more consistent quality.
Molson Coors TERMINATED the Truss JV in the US due to alck of sales - and Truss Canada, although maintaing a leading market share has nevercome close to making a profit, so dont be operation down when Molson shuts that operation down as well.
Tilray/Molson Coors/Truss Canada - unlikely and dont forget that Anneuher Busch (heard of them) recently TERMINATED their JV with Tilray - on....an infused beverage division in Canada.
Tilray and Hexo, BIGGER, BETTER?
That's what you said about Hexo and Newsrtike
and Hexo and Zenabis
and Hexo and 48N
and Hexo and Redecan.
HOW DID THOSE DEALS WORK OUT?
Bigger is not necessarily better - Simple Simon, Tilray CEO is trying the same failed strategy of growth by acquisition.
Hexo and Hexo products were/are a failure - market share and sales have dropped from a 17% market share to around 5%. Sales from $50m a quarter to $25 million.
There is no choice in the acquisition - Hexo's own people have stated that there is NO ALTERNATIVE.
You go ahead and wait for your voting papers - and remember, for every 1,000 Hexo shares you convert to Tilray - you will lose $485.00 at current share prices.
Hexo will cease to exist - you'll probably stil be indenial and refuse to accept reality.
Post by
quinlashon May 21, 2023 12:47pm 
88 Views
Post# 35458460
HEXO's Merger with Tilray = Bigger + Better
At this point I am taking it for granted that current investors in HEXO Corp are going to vote in favor of the merger. Once this happens HEXO Longs become Tilray Longs and their investments will increase and decent in value depending on the success of the new / larger company.
Tilray's new portfolio (with HEXO added) will include the Joint Venture HEXO formed with Molson Coors for the production of infused drinks (Truss). HEXO's award winning brands such as Original Stash, VeryWell and T2 products will all be contributing to the bottom line of Tilray Brands.
As noted earlier, I am still waiting on my own voting papers to show up however I fully expect I will be voting in line with the Board of Director's recommendations to approve the merger of the two companies.