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HIP Approves HEXO Merger + Buy/Sell Signal, Chart & DD Links
Read here
Yah Mon!, veritable atm ;)
HEXO$
Big move today, congrats to
Those of us bought more
At the bottom
HEXO$
Looks like twas door number 3.
HEXO$
Now here’s something you don’t see every day.
Up in Canada, investment banker Seaport Global just announced a first of its kind offer to cart its investor clients around Canada aboard a “magic bus” — they didn’t call it that, so we will — as part of a tour of cannabis production facilities operated by Canadian marijuana companies Aurora Cannabis (ACB), Hexo (HEXO), Canopy Growth (CGC), and Aphria (APHA).
(“Paging Willie Nelson. Your bus is about to depart the station.”)
Seaport’s “inaugural get on the Bus tour” will depart Quebec on June 3 and continue cross country to Ontario, eventually ending on June 4, and provide investors a chance to quiz management teams on such fascinating subjects as “about forward capital allocation, potential market oversupply, global expansion plans, anticipated product/market development, and strategies for the US market.”
No word on whether refreshments will be provided....
https://www.smarteranalyst.com/cannabis-stock/analysis/the-cannabis-magic-bus-is-about-to-leave-the-station-next-stops-aurora-cannabis-acb-hexo-hexo-canopy-growth-and-aphria-apha/
https://img.discogs.com/pE6FBWLAsDjAqCVTyy4FKJDjXAA=/300x300/filters:strip_icc():format(jpeg):mode_rgb():quality(40)/discogs-images/R-1955649-1345153103-9850.jpeg.jpg
Retrace $9.80, 9.50, 8.85 ? tia.
https://www.discountexcursions.com/wp-content/uploads/2018/09/1462982760BOTTOMFISHING6-1.jpg
HEXO$
Competition Bureau approves HEXO Corp/Newstrike Brands Ltd. Deal
GATINEAU, Quebec and OAKVILLE, Ontario, May 09, 2019 (GLOBE NEWSWIRE) -- HEXO Corp ("HEXO") (TSX: HEXO; NYSE-A: HEXO) and Newstrike Brands Ltd. ("Newstrike") (TSX-V: HIP) are pleased to announce that they have received regulatory approval from the Canadian Competition Bureau by way of a no-action letter under the Competition Act (Canada) indicating that it does not intend to challenge the proposed arrangement between HEXO and Newstrike, whereby HEXO intends to acquire all of the issued and outstanding common shares of Newstrike by way of a plan of arrangement under the Business Corporations Act (Ontario) (the “Transaction”). Receipt of the letter satisfies a key condition of the Transaction.
HEXO and Newstrike announced that they had entered into a definitive arrangement agreement with respect to the Transaction in March. The Transaction has already been unanimously approved by the board of directors of each of HEXO and Newstrike. In April, the companies announced that HEXO has entered into irrevocable hard voting support agreements with shareholders of Newstrike representing in aggregate approximately 38.3% of Newstrike's issued and outstanding common shares.
The Transaction remains subject to customary closing conditions, including approval by Newstrike shareholders at Newstrike’s Annual and Special Meeting on May 17, 2019, and final court approval. Subject to satisfaction of these closing conditions, the Transaction is expected to close by May 24, 2019. Newstrike’s board of directors has recommended that its shareholders vote in favour of the Transaction.
For further information, please contact:
HEXO:
Investor Relations:
Jennifer Smith
1-866-438-8429
invest@hexo.com
Another Wall Street Analyst Gives These Marijuana Stocks a BUY Rating
Read here
The best Canadian cannabis stock that I own.
HEXO has been good to me. I have sold it for thousands of dollars profit and am back in it again for more. Made a good profit also on the warrants.
The other one I really like is ACB.
Look for spare change to get in on the dip today, what a great start!
No complaints here. Was expecting a pull back, but when you have a stock that is this undervalued, people are finally waking up to where it should be! Cheers
Premarket looks happy?
Looks like it could be another fun day!
Lol, the math on HEXO is so easy a 3rd grader could do it.
Simply a fun stock - I don't know why everybody and their brother isn't in on HEXO ;).
I would rate $HEXO a "12".
...that's a '10' with your 2 cents added
What a fun day to be an owner in this sweet company!
Increasing a quantity by one order of magnitude is most widely understood to mean multiplying the quantity by ten.
HEXOOO'$
Great news for HEXO shareholders. Looks like we will get some of Newstrikes cash reserves out!!!
GATINEAU, Quebec, April 24, 2019 (GLOBE NEWSWIRE) -- HEXO Corp ("HEXO") (TSX: HEXO; NYSE-A: HEXO) today announced that it has entered into irrevocable hard voting support agreements with shareholders of Newstrike Brands Ltd. (“Newstrike”) (TSX-V: HIP) representing in aggregate approximately 38.3% of Newstrike's issued and outstanding common shares in connection with definitive arrangement agreement (the “Arrangement Agreement”) under which HEXO will acquire, by way of a plan of arrangement under the Business Corporations Act (Ontario), all of Newstrike’s issued and outstanding common shares in an all-share transaction (the "Transaction").
“We’re pleased to have secured hard lock up support for 38.3% of Newstrike shareholders since announcing the agreement,” said Sebastien St-Louis, HEXO’s CEO and co-founder. “This is a great recognition of the extreme alignment between both companies’ management and boards, as well as a vote of confidence in HEXO’s vision for the future. We are eager for the Newstrike family to embark on this journey with us!”
Jay Wilgar, CEO of Newstrike added: “Our recent respective quarterly financial reports demonstrate the collective potential of our combined organizations as one of Canada’s largest licensed producers. We look forward to working closely with the HEXO team to leverage the strengths of our two businesses, create synergies and accelerate value creation for both of our shareholder bases. Moreover, our strategic partners The Tragically Hip and Neal Brothers Foods are both supportive of the proposed combination.”
Who care's 12 we know insiders can be disgusteen sometimes,.. hope everyone loaded and is enjoying the
Yuuge Major Move..
Sun is shining: Nice day for a party HEXO$ isn't it?!!
Lol:
Yeah, wonder who ran it down knowing "what news" was coming outt to get the cheapies, lol!.
https://www.thestreet.com/investing/cannabis/bank-of-america-initiates-cannabis-coverage-hexo-is-top-industry-pick-14930098
Great recovery today, wonder what news is getting priced in!
HEXO Completes First Cannabis Harvest at Their 1 Million sq ft Greenhouse
Read here
HEXO completes first harvest in its 1 million sq. ft. greenhouse
GATINEAU, Quebec, April 01, 2019 (GLOBE NEWSWIRE) -- HEXO Corp (TSX:HEXO; NYSE-A:HEXO) (“HEXO” or the "Company") has completed the first harvest in its 1 million sq. ft. expansion, marking an important execution milestone in the Company’s continuous growth.
Since early January, plants have been moving into the greenhouse and the first plants have now been harvested. The Company continues to ramp up to full harvest capacity using the continuous harvest methodology, the latest step towards reaching the full annual production capacity of 108,000 kg of dried flower per year.
“Completing the first harvest in our 1,000,000 sq. ft. greenhouse expansion showcases the dedication and hard work of the entire HEXO team,” said Sébastien St-Louis, HEXO’s CEO and co-founder. “We are very proud of our continued ability to execute on our plans, creating value for our shareholders and demonstrating our commitment to our customers. This cultivation milestone means that an expanded HEXO product offering will be available to more Canadians shortly.”
HEXO Corp’s headcount now exceeds 600 employees. The Company expects to hire another 500 employees in the coming months; 300 additional position at its campus in Gatineau, Quebec, and 200 in its Belleville, Toronto and Montreal locations.
On March 13, 2019, HEXO announced a definitive arrangement agreement to acquire Newstrike Brands Ltd. The acquisition would allow the Company to boost its production capacity to 150,000 kg annually, diversify its domestic market penetration to 9 provinces and add infrastructure supporting the Company on its goal of becoming one of the top cannabis companies in the world.
Press Releases
August 2018: early stage of construction on HEXO’s 1 million sq. ft. greenhouse.
January 2019: greenhouse is ready, plants are in.
March 2019: First harvest in process at HEXO’s 1 million sq. ft. expansion.
About HEXO
HEXO Corp is an award-winning consumer packaged goods cannabis company that creates and distributes prize-winning products to serve the global cannabis market. Through its hub and spoke business strategy, HEXO Corp is partnering with Fortune 500 companies, bringing its brand value, cannabinoid isolation technology, licensed infrastructure and regulatory expertise to established companies, leveraging their distribution networks and capacity. As one of the largest licensed cannabis companies in Canada, HEXO Corp operates with 1.8 million sq. ft of facilities in Ontario and Quebec and a foothold in Greece to establish a Eurozone processing, production and distribution centre. The Company serves the Canadian adult-use and medical markets. For more information please visit hexocorp.com.
Forward-Looking Statements
This press release contains forward-looking information and forward-looking statements within the meaning of applicable securities laws (“forward-looking statements”). Forward-looking statements are based on certain expectations and assumptions and are subject to known and unknown risks and uncertainties and other factors that could cause actual events, results, performance and achievements to differ materially from those anticipated in these forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results. A more complete discussion of the risks and uncertainties facing the Company appears in the Company’s Annual Information Form and other continuous disclosure filings, which are available on SEDAR at www.sedar.com and EDGAR at www.sec.gov. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements as a result of new information or future events, or for any other reason.
Investor Relations:
Jennifer Smith
1-866-438-8429
invest@HEXO.com
www.hexocorp.com
Media Relations:
Caroline Milliard
(819) 317-0526
media@hexo.com
Director:
Adam Miron
819-639-5498
Copyright © 2019 Hexo, All rights reserved.
You are receiving this email because you opted in via our website at ir.hexo.com, or at thcx.com.
Our mailing address is:
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Chemin de la Rive
Gatineau, Quebec J8M 1V2
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How do you grow cannabis? The Canadian way - with strong regulation and sensible policies, contributing millions back to communities and to Canada's economy. pic.twitter.com/5DBrnPoojr
— Cannabis Council of Canada (@Cannabis_Canada) December 7, 2018
Great deal between two great members! https://t.co/yIvhLZcTIO
— Cannabis Council of Canada (@Cannabis_Canada) March 13, 2019
Lol, have another beer ;).
Apparently, as per agreement
Which we know little about
It may or may not impact bottom line
Burp ;).
HEXO$
Grown fond of this fellow
Often gives a screen shot of his trades
Which often are between $100k-$1M
Interesting comment today
https://twitter.com/JonthanGolds/status/1109828301311365120
Happy Anniversary HEXO
Two years ago today HEXO began trading on the TSX Venture Exchange as the Hydropothecary. Today HEXO is part of the TSX Composite Index and traded on the NYSE-A. How we've come a long way! $HEXO #alwaysgrowing pic.twitter.com/wzGBvCt6Vh
— HEXO Corp (@Hexocorp) March 21, 2019
We lift the rocket
out of the pocket
nothing can stop it
we can only watch it, lol
HEXO$
Up another 3% AH.
GLTA & JMO
RUNNING after hours in America
INDEED.
Cant complain. PT was bumped to $11+
All covering analysts have it as a BUY.
GLTA & JMO
Exactly Man, Twist My Arm, lol HEXO$
https://vimeo.com/174935000
.. and smoke a big fat Jones..
or TRUSS beverage, whatever ;).
This is just the start folks. You can still double, triple or 10x bag on this one, depending on how patient you are willing to be. This stock is the most undervalued in the industry, wait until we are at 10 Billion dollar valuation.
Oui oui ;) $HEXO
Thanks Mang!, $30 in 2 years or
Whenever ;).
NBT (no brain trading ;).
The Last of the Unplucked Gems
HEXO
OT
The Hip's association with Molson
Goes back, enjoy!
HEXO -broke that 8. nicely done 12
Couple nice tweets https://twitter.com/Hexocorp
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Sébastien St. Louis, CEO of Hexo Corp, joins BNN Bloomberg to discuss calls from activist investor Riposte Capital to put the marijuana producer for sale.
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