TSX:ZENA - Post Discussion
Post by
StoneMan45 on May 11, 2021 3:21pm
HEXO Corp Quietly Moves to the Top
https://www.newcannabisventures.com/hexo-corp-quietly-moves-to-the-top-of-the-canadian-cannabis-market-while-ramping-up-u-s-expansion/ The company has published a $1.2 billion base shelf prospectus, which it plans to tap opportunistically as it continues to deploy capital in the U.S., according to St-Louis.
With positive EBITDA, a strong balance sheet and positive earnings per share on the horizon, HEXO will likely have access to non-dilutive debt instruments. In terms of future fundraising, equity could also be attractive to the company.
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