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

Moving forward . . .

[Lappy001]

Rumor on another forum is that HEXO may be purchasing the old Coors HQ in Colorado. If this is the case, well, it is a sign of a healthy and on-going business collaboration between Molson-Coors and HEXO (. . .  )

As for the ATM equity program ($150m CND), it is needed and was expected for the U.S. capital expenditure, to pay off at least part of the Zenabis debt (high interest rate), for on-going development of the Belleville facility (new CPG partners), as well as potential future M&As in the Canadian space as consolidation of the cannabis industry continues.

I don't like dilution either, but in the case at hand, it is not to "pay the rent" but rather to grow the company into a profitable business giant . . . 

[quinlash]

Possible but they already have a solution for drinks in Colorado, I would be betting on an edibles play so some sort of cookie or snack bar production facility JMHO

[Humanist]

thx for your positive outlook lappy.  you got my point clearly.. lets hope you'ree right and i am wrong, and it's all good for us (i don't mind down trend short term but we needto start seeing the sp trend upwards at some point especially since the  rs , glta

[Touran77]

This post has been removed in accordance with Community Policy

[Humanist]

thx for your positive outlook lappy.@ you got my point clearly.. lets hope you@ree right and i am wrong, and it@s all good for us (i don@t mind down trend short term but we needto start seeing the sp trend upwards at some point especially since the@ rs , glta

[Longalways]

I agree  It's fundamentally good news. Investor should DODD and know in what stage of developpment is a business. Who think that this business can leave without adding capital in many steps to growth, compete and be a leader. No business in that stage can generate enough cash from operation to do it only with profit. It's weird to hear  that cash adding is less a good news