Replies to post #629 on Newstrike Brands Ltd (fka HIP)

[FooBarAndGrill]

The original Bloomburg article gives the deal at $263 million. I calculate outstanding share count at 557 million. That's $0.47/ share. The printed share ratio of 0.06332 of a Hexo share for each share held must be a typo.

THIS WHOLE DEAL IS WRONG and $HIP will pay 7.5 million to back out. Absolutely crazy.