Tilray Brands Inc TLRY

Irwin is buying Into Hexo debt?

[Paray99]

What this guy is doing? Is he putting some cash in his buddy's pockets? 

Hexo was a company screwed up big time and not going to survive that long... I see Irwin's this act really stupid at this time. 

Anybody see other way? It is good to know if someone understand deep enough to prove it is a very strategic move that will pay off over time.

[tam1206]

What people are missing here is Hexo has majority of sales in Quebec, and to facilitate more market share we allign with them.  Not only that ,this agreement allows us to convert to a 37 percent ownership of Hexo. From the very beginning individuals bashed APHRIA for not buying companies in the beginning.  The CEO back then in 2017 said why would i buy now When i can pay pennies on the

[CommonCentsforDollars]

Yup. The additional aspect that one can look at is just back in May of 2021 HEXO paid 925 Million between a combination of 400 Million in cash + shares for JUST Redecan. When looking at that alone it amplifies how we are paying the pennies on the dollar for this stake in HEXO. The biggest problem with HEXO was Sebastien as I stated a long time ago. Excerpt from HEXO's May 2021

[BudFoxx2020]

Don't read ahead if you got your rosy glasses on.  This is a terrible deal.  Spin it anyway you want it.  Hexo is pretty much bankrupt.  Taking on more debt to buy a bankrupt company.  Just lol.  Ir*Wink bailing out another one of his buddies.  This whole sector is shady and corrupt to the core.  Every single Canadian cannabis company.  So many back

[Ventura2020]

Spectacles on. I'm up .16 c after hours. I will buy the beer, if IS doesn't take it by Monday. We can discuss if it goes North or South. Conflict subsides, mandate disappear, inflation up for the metals and a dovish FED. The Globe celebrates...with all the high prices. Just losing money in cash, everyday that goes by, The man takes more. Covid War over, Ukrainian War subsides, the economy