Uncategorized
Hexo Corp Records Falling Revenues and $129m in Losses as it Approves Tilray Takeover
Hexo Corp has reported third quarter losses of C$129.7m as shareholders vote to approve the company’s acquisition by Tilray.
hexo
25stories
19 Junlast updated
More in hexo
- Adult-Use
The States Reform Act is a long shot, but we’ll take it
There is more bad news from Quebec-based HEXO, who has announced that it is shuttering three production facilities — two in Ontario, one in Nova Scotia — two of which were only acquired in the last year or so.
- CBD Market
Strange Bedfellows? Molson collabs for new cannabis beer
Truss, the cannabis beverage joint venture between HEXO and Molson Coors, has teamed up with award-winning craft brewers Two Roots for its newest cannabis drinks, two de-alcoholized, infused beers under the name Bedfellows, reports Benzinga.
- Uncategorized
You can Truss it
Older than the New York Stock Exchange, with members of both the Molson and Coors families still sitting on the board, Molson Coors is not the type of company to take a big risk.
- Cultivation
Activist investor ousts HEXO CEO
Sebastian St-Louis, who co-founded HEXO, is stepping down from the CEO role after a shareholder delivered a letter of complaint to the board, reports Yahoo Finance Canada.
- Your #1 Podcast on Cannabis News
How to offset emissions as a cannabis producer
On this episode of BofC Live, we connect with Sébastien St-Louis the CEO of HEXO, a leading cannabis producer in Canada.
- Adult-Use
HEXO says yes, we Redecan
After snapping up 48North and Zenabis earlier this year, Quebec-based HEXO announced on Friday that it’s making its third acquisition of 2021: Ontario-based Redecan, for a cool $925 million.
- CBD Market
HEXO blazes a new trail (mix) forward
Ottawa-headquartered HEXO is making big moves, announcing plans on Monday to acquire 48 North and forging a path into the US market.
- Adult-Use
How Miguel Martin is right-sizing Aurora (remotely)
Aurora CEO Miguel Martin answered some tough questions from Marijuana Business Daily last week about lost market share in the adult-use market in Canada, what previous management was thinking when they built so much production capacity and how he plans to turn things around.
