Partnering with Hexo will strengthen our position in the Canadian cannabis industry: Tilray CEO
Partnering with Hexo will strengthen our position in the Canadian cannabis industry: Tilray CEO
Irwin Simon, chairman and CEO of Tilray, joins BNN Bloomberg to discuss their proposed agreement for a strategic alliance with cannabis producer Hexo. Tilray would acquire up to US$211 million dollars of convertible notes from Hexo in efforts to alleviate Hexo’s debt. Simon says that bankruptcy in the industry would not be good for anyone and their support for Hexo will overall strengthen the market.
this will be interesting.
Unknowing investors may want to buy dogs like Tilray, Canopy etc., but they DO NOT sell delta9 in the states. Buy and hold the multiple state operators (MSOs) CCHWF CRLBF TCNNF AYRWF VRNOF TRSSF GTBIF CURLF. Uplisting to major exchanges are coming. Stop burning your capital. Buy and hold what the institutions, banks and pension funds CANNOT. After uplisting, all of them are forced buyers for their clients. Own it before they do or get caught chasing later. If your broker doesn’t give you access to those names, you can play it with the MSOS etf. I prefer to own shares direct.