RE:RE:Synergies = closures & layoffs.Synergies are the areas inwhich companies can work together for the mutual benefit of all. For Tilray and HEXO Corp the Synergies are in the area of Cannabis Products and the Infused Drink Market. HEXO holds a boat-load of patents on infused drinks as well as the production of edibles etc. Once the companies merge Tilray will own those patents and be able to produce products without concern of patent infringment and have the ability to produce a wider variety of products. For infused drinks, Tilray also picks up the deal with Molson-Coors.
Layoffs, facility shutdowns etc may happen to some extent, certainly in areas of over-lapping management teams however this is necessary to ensure the operation is running as lean as possible while sending more cash to the bottom line profit numbers.
These are the sort of moves that add value for investors.