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Zenabis Files Court Proceedings Seeking Judicial Interpretation of Debenture Canada NewsWire VANCOUVER, BC , Feb. 19, 2021 /CNW/ - Zenabis Global Inc. (TSX: ZENA) (" Zenabis " or the " Company ") announces that its wholly-owned subsidiary, Ze...
HEXO agrees to buy Zenabis Global in an all-stock deal of C$235 million. The company will now have a substantial scale adding 111,200 kg of cannabis production. The two companies were already approaching EBITDA positive and the C$20 million in synergies will provide a huge boost. ...
Mexico with 121 million citizens will likely legalize cannabis by April of this year opening the door to the largest population for potential customers; This will be a game-changing tipping point for legalization of cannabis around the world and especially throughout Latin America; ...
CIBC analyst John Zamparo has upgraded shares of HEXO Corp. (HEXO) to outperformer and more than doubles his price target from C$5.60 to C$13.50.Zamparo cites HEXO's $235M acquisition of Zenabis Global (ZBISF), announced yesterday, as a major catalyst.He says that Zenabis should being in at l...
Shares of HEXO (NYSE: HEXO) climbed 22.6% on Tuesday after the cannabis company announced it agreed to purchase fellow Canadian weed maker Zenabis Global (OTC: ZBISF) . The all-stock deal values Zenabis at roughly 235 million Canadian dollars ($185 million). HEXO says ac...
In what isn't the first, and likely won't be the last, marijuana industry acquisition of 2021, HEXO (NYSE: HEXO) announced Tuesday that it is acquiring a peer company, Zenabis Global (OTC: ZBISF) . The price is 235 million Canadian dollars ($186 million), which will be paid ...
Consumer packaged goods cannabis company HEXO ([[HEXO]] +6.5%) has entered into a definitive arrangement agreement to acquire Zenabis Global ([[ZBISF]] +25.8%), a Canadian licensed cultivator of medical and recreational cannabis, in an all-share deal valued at about $235M,...
Sundial shares have risen ~400% in 2021 so far, giving an estimated $800M windfall to a company that had to restructure its debt last year. We believe Sundial has been resurrected by the unexpected gift from investors and its cash pile will provide greater flexibility and options. ...
Zenabis Joint Venture Receives EU GMP Certification Canada NewsWire VANCOUVER, BC, Feb. 1, 2021 /CNW/ - Zenabis Global Inc. (TSX: ZENA) (" Zenabis " or the " Company ") announces today that its Maltese joint venture, ZenPharm Limited (" Ze...
Cannabis sales are determined by number of dispensaries and the availability to them by proximity. California has no restrictions regarding the number of dispensaries such as Washington State. Growth in cannabis in California will eclipse the entire cannabis industry's current ret...
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Zenabis Obtains Final Order Approving Plan of Arrangement with HEXO Canada NewsWire VANCOUVER, BC , May 18, 2021 /CNW/ - Zenabis Global Inc. (" Zenabis ") (TSX: ZENA) today announced that it has obtained a final court order from the Supreme Court of Britis...
Zenabis Announces First Quarter 2021 Financial Results Canada NewsWire VANCOUVER, BC , May 14, 2021 /CNW/ - Zenabis Global Inc. (TSX: ZENA) (" Zenabis " or the " Company ") today announced its financial results for the quarter ended ...
Zenabis Maltese Joint Venture Partner Zenpharm Receives License for Production & Distribution of Cannabis Zenabis Maltese Joint Venture Partner Zenpharm Receives License for Production & Distribution of Cannabis Canada NewsWire VANCOUVER, BC , May 14, 2...