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Health care is the second-worst performing sector thus far in 2022, thanks to underperforming cannabis stocks. Industry leaders Canopy Growth and Tilray Brands TSX:TLRY NASDAQ:TLRY are losing year to date. However, the latter announced a strategic partnership with Hexo TSX:HEXO NASDAQ:HEXO .Once Tilray secures shareholders approval, it will have a significant minority stake 37% in its rival through a debt deal. The transaction calls for Hexo to sell US$211 million of its senior secured convertible notes to Tilray at 90 cents on the dollar.Besides the debt deal, Tilray and Hexo will enter into and launch a joint venture JV . Each company will produce pre-rolls, beverages, and edibles within the next two years. The tandem expects to realize $50 million in cost savi [url=https://www.stanleymugs.us]stanley cup[/url] ngs.Tilray and Hexo trade at $7.35 and $0.73 per share, respectively, and are down by an identical 17% year to date. The t [url=https://www.stanley-cups.uk]stanley quencher[/url] wo cannabis producers have yet to report net profits. Their priorities are [url=https://www.stanleycups.it]stanley cups[/url] to cut costs to help Qinu Is Magna Stock a Buy in December 2022
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