TSX:HEXO.W.A - Post Discussion
Post by
Keeler on Jul 21, 2023 6:20pm
Hexo had a JV with Moslon Coors in the U.S.
for CBD beverages.
It didn't work out - and Molson Coors terminated the venture, citing 'immaterial sales'
Seems no-one wanted ANY of the 49 cbd infused beverages they offerred online in 19 states.
(online beverages? Not sure why that wouldn't work))
I don't think Tilray got the Truss Canada JV with the acquisition of Hexo - Molson Coors who owns about 60% of the JV nixed that.
Anyway, the below was part of the Truss USA CBD press release
Final installation of the Truss USA CBD beverage line has been completed, with test runs beginning in late Q2, followed by production runs in early 2022. Truss USA CBD Production Line No.1 (missing from photo, Line Workers Juan, Pedro and Miguel)
Be the first to comment on this post