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

HEXO Discloses Potential Acquisition of US Facility

[quinlash]

In today's news release HEXO indicated a potential US acquistion of a facility.

Link to May 11th, 2021 News Release
https://www.globenewswire.com/news-release/2021/05/11/2227270/0/en/HEXO-Corp-Announces-At-the-Market-Offering-of-up-to-C-150-000-000.html


Taken from Today's NR

The Company expects to use the net proceeds from the ATM Program for general corporate purposes, which may include: (i) costs ‎associated with the Company’s U.S. expansion plans including the contemplated acquisition of a facility in the State of Col‎orado and its subsequent retrofitting and improvement;

[Spectra7]

"Q"...both you and SSL have been talking about US expansion for some time...nothing new here folks. Go back in the archives, ( date alludes me)...SSL suggested that Hexobwouls require in the area of $10B to get Hydropothecary/Hexo to his level of vision. Cheers S7

[Humanist]

Hey quinlash, this is good news for shareholders if the facility has high revenues and /or profitable etc.. but at this point for us long shareholders i don't see it this way bc if they announce to buy the facility and issue a lot of shares of a combo of cash and shares at this price, we're cooked as shareholders for a long time.  ive been in hexo fro a long time. so i am not sure

[quinlash]

Point taken and we can either wait and see if HEXO does indeed move on a deal to buy a facility in the US or not.  We do not know the value of the deal or how it would be structured at this point.  Regarding retro-fits etc, it is likely reasonable to expect they are looking at something close to what they need so some sort of edibiles facility for cannabis edibles etc.  The cost to

[Humanist]

i understand your point quinlash. he question is when will we start going upwards its frustrating, tdy.( this is the 4th company iam investing in with similar news) so forgive my frustration because i am  but since we have no choice in the matter, no way i am selling at such losss, instead i'll hope for it to be a good deal going fwd. glta

[quinlash]

No need to forgive frustration, I am long on HEXO myself, believe heavily that Cannabis is going to be a monster of a sector and that the company will do well within it.  Seeing the SP pullback today is less than encouraging but the market sets the price, not much we can do about it.  All we can do is look forward, consider what the company is doing to progress the operation and consider

[Humanist]

thx for the chuckle quinlash. i avoid throwing my laptop across the room. but yes we're hanging on. no choice, gl

[Humanist]

quinlash how do you tag the convo you're replying to(just like you did to my msg) , i 've never tried to do it but i think its helpful to know.  thx

[quinlash]

instead of hitting REPLY, use the button to the right QUOTE (it's in smaller price, centered below the original message window)

[quinlash]

sorry... used to typing price.. not print :P

[Oasisjunior]

That works,,,, thanks for the info...

[Humanist]

[Humanist]

thx a lot buddy, i appreciate it  ( sorry i sent the first one as a test :)

[quinlash]

There ya' go.. looks like you guys got it working.  Helps make it easier to know who you are replying to at least..  ;)

[mydogchach]

SSL - if you can believe him - also said that Hexo, in no way, shape or form would ever conduct anything remotely conncted to cannabis in Colorado or any other state until it was federally legalized. Regardless, they bought Zena to pay off their debt I guess, because they didn't need it otherwise. Now the focus is on the U.S..? Why didn't they just buy a vertically integrated U.S. MSO in

[Touran77]

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