Hexo Stock Move up to $17.50 with revenue growth HEXO ZBISF

Hexo Stock Move up to $17.50 with revenue growth HEXO ZBISF

Hexo and HEXO stock is acquiring Zenabis in a cash & stock deal. There will be cost synergies with HESO stock and additional revenue. But, the real benefit to Hexo is the European footprint they get from this. Europe is becoming a serious player in the medical cannabis industry. With Zenabis, Hexo gets a way in to sell additional products and increase revenues with will nearly double from the acquisition.

I am looking for some $260M in revenue from the combined companies.

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