HEXO Corp

HEXO Corp. engages in the provision of cannabis and cannabis products. The company was founded by Sébastien St. Louis and Adam Miron on October 29, 2013 and is headquartered in Gatineau, Canada.

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Hydropothecary is a licensed producer of medical marijuana under Health Canada’s Access to Cannabis for Medical Purposes Regulations.Their leadership team brings proven scientific, financial, regulatory and entrepreneurial expertise to the rapidly evolving Canadian medical marijuana industry.Hydropothecary is an award-winning medical cannabis producer located on a 143-acre farm in Gatineau, Quebec, in the National Capital Region. Their focus is on product innovation, advanced natural growing techniques, client health and safety, and exceptional customer service. They take their commitment to customers seriously, offering exceptional packaging, courier delivery in Canada (Saturdays where available) and their bilingual, 24-hour customer service.

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Tuesday, October 17, 2023 marks five years since recreational cannabis was legalized in Canada and it's been tough going for operators in the budding sector. Industry players have had to contend with oversaturation, competition from the black market, limited opportunities to enter the United States market, and, more recently, challenging broader economic conditions due to high inflation and interest rates.

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Canada continues to face an oversupply of cannabis that has pushed down prices even as the cost of capital has increased, which will result in more consolidation ahead, one executive told MarketWatch on Friday.

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Over the past few years, the cannabis industry has experienced tremendous growth. Much of which is showing no signs of slowing down anytime soon. The industry has grown from being a niche market to a multi-billion dollar industry, with legal cannabis sales in North America alone projected to reach over $30 billion by 2025.

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GATINEAU, Québec--(BUSINESS WIRE)--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“HEXO” or the “Company”) announced today the closing of the second of two tranches of the non-brokered private placement of Series 1 Preferred Shares (the “Private Placement”) previously announced on June 1, 2023 and the subsequent completion of the transactions contemplated by the previously announced statutory plan of arrangement under section 182 of the Business Corporations Act (Ontario) (the “Arrangement”) involving t.

HEXO Corp. Announces Completion of Acquisition by Way of Arrangement With Tilray Brands, Inc.

GATINEAU, Québec--(BUSINESS WIRE)--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“HEXO” or the “Company”) announced today that the Ontario Superior Court of Justice (Commercial List) (the “Court”) has granted the final order (the “Final Order”) in connection with the previously announced statutory plan of arrangement under section 182 of the Business Corporations Act (Ontario) (the “Arrangement”), pursuant to which Tilray Brands, Inc. (“Tilray”) will acquire all of the issued and outstanding common sha.

HEXO Corp. Announces Receipt of Final Order for Arrangement With Tilray Brands, Inc.

HEXO Corp. (NASDAQ:HEXO ) Q3 2023 Earnings Call Transcript June 15, 2023 10:00 AM ET Company Participants Charlie Bowman - President and Chief Executive Officer Julius Ivancsits - Chief Financial Officer Conference Call Participants Matt Bottomley - Canaccord Genuity Operator Welcome to HEXO Corp.'s Third Quarter 2023 Earnings Conference Call. Joining us today is Charlie Bowman, President and Chief Executive Officer of HEXO Corp.; and Julius Ivancsits, Chief Financial Officer of HEXO.

HEXO Corp. (HEXO) Q3 2023 Earnings Call Transcript

Hexo Corporation (NYSE:HEXO), the producer of high-quality cannabis products which has agreed to a takeover by Tilray Brands Inc (NASDAQ:TLRY), has reported a decline in net revenues and an adjusted EBITDA loss for the third quarter of its 2023 fiscal year. The company also noted that at a special meeting on Wednesday, June 14, 2023, Hexo shareholders approved the Tilray takeover arrangement agreement.

Tilray takeover target Hexo posts decline in third-quarter financials

HEXO (HEXO) came out with a quarterly loss of $0.70 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $1.40 per share a year ago.

HEXO (HEXO) Reports Q3 Loss, Lags Revenue Estimates

GATINEAU, Québec--(BUSINESS WIRE)--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the “Company"), a leading producer of high-quality cannabis products, today reported its financial results for the third quarter of the 2023 fiscal year (“Q3'23”). All currency amounts are stated in Canadian dollars unless otherwise noted. “In the third quarter, we entered into a definitive arrangement agreement whereby Tilray will acquire all outstanding shares of HEXO,” said Charlie Bowman, President and Chief.

HEXO Reports Q3'23 Financial Results

GATINEAU, Québec--(BUSINESS WIRE)--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“HEXO” or the “Company”) announced today that at the special meeting of its common shareholders held earlier today, its common shareholders approved the previously announced arrangement agreement, as amended, with Tilray Brands, Inc. (“Tilray”), whereby Tilray will acquire, by way of court-approved plan of arrangement (the “Arrangement”), all of the issued and outstanding common shares of the Company (the “Common Shares”).

Hexo Corp.'s Shareholders Approve Acquisition by Way of Arrangement With Tilray Brands, Inc.

GATINEAU, Québec--(BUSINESS WIRE)--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the “Company"), a leading producer of high-quality cannabis products, announced today that it will hold an audio-only conference call on Thursday, June 15, 2023, at 10 a.m. EDT, to review its financial results for the third fiscal quarter, ended April 30, 2023. The results will be released after market close on Wednesday, June 14, 2023. Following the prepared remarks, there will be a question-and-answer session.

HEXO to Host Third Quarter 2023 Earnings Conference Call

As the global cannabis sector gains traction, Canadian cannabis stocks remain at the vanguard, providing investors with attractive options in a quickly expanding market. The cannabis sector in Canada has grown dramatically, attracting investors from all walks of life. The country's forward-thinking approach to cannabis legalization, as well as its strong regulatory structure, have created a climate that encourages growth, innovation, and profitability. As a result, with companies at various phases of development and diversification, Canadian cannabis stocks have emerged as an interesting investment opportunity.

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GATINEAU, Québec--(BUSINESS WIRE)--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“HEXO” or the “Company”) announced today that it has closed the first of two tranches of a non-brokered private placement (the “Private Placement”) consisting of the issuance of newly created Series 1 Preferred Shares (the “Preferred Shares”) to a single institutional investor. The first tranche consisted of the issuance of 11,500,000 Preferred Shares at an issue price of US$1.00 per Preferred Share for gross proceeds to t.

HEXO Announces Closing of Non-Brokered Private Placement and Amendments to Arrangement Agreement and Waiver and Amendment Agreement

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GATINEAU, Quebec--(BUSINESS WIRE)--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“HEXO” or the “Company”) is pleased to announce that Institutional Shareholder Services Inc. ("ISS"), a leading independent proxy advisory firm, has issued a report recommending that HEXO Shareholders vote FOR the arrangement agreement (the "Arrangement") between HEXO and Tilray Brands, Inc. (“Tilray”). In reaching its conclusion, ISS noted1: “The transaction makes strategic sense as the combination will provide shareholde.

Leading Independent Proxy Advisory Firm ISS Recommends HEXO Shareholders Vote FOR the Arrangement Agreement with Tilray Brands

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GATINEAU, Québec--(BUSINESS WIRE)--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“HEXO” or the “Company”) announced today the mailing of the management information circular (the “Circular”) for the special meeting (the “Meeting”) of the common shareholders of the Company (the “Shareholders”), to be held virtually on June 14, 2023 at 10:00 a.m. (Eastern Time) in accordance with an interim order of the Ontario Superior Court of Justice (Commercial List) obtained on May 10, 2023. The Circular and related.

HEXO Corp. Files Circular for Special Meeting of Shareholders to Approve Arrangement With Tilray Brands, Inc.

GATINEAU, Québec--(BUSINESS WIRE)--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“HEXO” or the "Company") is pleased to announce that in connection with its previously announced arrangement agreement with Tilray Brands, Inc. (“Tilray”) for a transaction whereby Tilray has agreed to acquire all of the issued and outstanding common shares of the Company by way of court-approved plan of arrangement (the “Arrangement”), HEXO has obtained an interim order from the Ontario Superior Court of Justice (Commerci.

HEXO Corp. Announces Receipt of Interim Order in Respect of Arrangement With Tilray Brands, Inc.

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News for HEXO Corp Stock (HEXO)