 Bennett JonesClient Work Bennett Jones Acts for Redecan in $925-million Sale to HEXO CorpMay 28, 2021 Authors Curtis A. CusinatoVice Chair and Partner Andrew BozzatoPartner Dominique CarliAssociate Bennett Jones is acting for Redecan in its C$925-million sale to HEXO Corp. The combined company would hold number one market-share in Canadian recreational cannabis and hold number one positions in four of Canada’s largest markets: Alberta, British Columbia, Québec and Ontario. Redecan’s lean production capabilities are expected to drive improved future financial performance and enhance potential to generate cash flow, and the deal will equip HEXO with one of the most robust brand portfolios in Canada. The transaction is expected to close in calendar Q3 2021. The Bennett Jones M&A team included Curtis Cusinato, Andrew Bozzato, Celina Hong and Dominique Carli. More information on the deal is available here. Republishing Requests For permission to republish this or any other publication, contact Amrita Kochhar at kochhara@bennettjones.com. For informational purposes only This publication provides an overview of legal trends and updates for informational purposes only. For personalized legal advice, please contact the authors. AuthorsCurtis A. Cusinato, Vice Chair and Partner • Co-Head of Mergers & Acquisitions Practice Toronto • 416.777.5774 • cusinatoc@bennettjones.com Andrew Bozzato, Partner Toronto • 416.777.4878 • bozzatoa@bennettjones.com Dominique Carli, Associate Toronto • 416.777.4657 • carlid@bennettjones.com |