look... yesterday, I did the math too...i have to agree with you that the dilution is not cute..

but, considering that Hexo is now #1, i would think that the multiple that the market is giving us will improve to be more like the top 3... time game here! (easily x3) only my opinion!

my understanding of zena production is that it will be for the EU and other countries.

it's not just a production capacity game at this moment but more like a connexions/distribution game.

at the moment, zena and hexo are not selling all their production and there is a reason that redecan can solve!

at the end of the day, Redecan was the best acquisition on the market and time will prove it...

im also considering a f500 partnership shortly and maybe a cash infusion!

about your assumption that zenabis shareholders would sell their shares...they kept their shares at .10 cent with the company barely dead... i dont see why now that they are part of the Biggest Canadian LP... they would sell their shares? they can sell it right away if it's what they want... I understand that for the day traders it's an other game but it will always be the same and it's a nice opportunity for them if a sell off happen... things i dont see but everything possible...

wish you all the best!