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.

HEXO Corp (TSX:HEXO) (NASDAQ:HEXO) announced Friday that Sebastien St-Louis has resigned from HEXO's board of directors. The latest move follows St-Louis' recent departure as co-founder and CEO of the Ottawa-based company, following the finalization of its strategic reorganization.

Sebastien St-Louis Leaves HEXO Board As New CEO Scott Cooper Assumes His Position

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated May 11, 2021 to its short form base shelf prospectus dated May 7, 2021 and amended and restated on May 25, 2021.

HEXO Announces Changes to its Board of Directors

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Welcome back to our weekly series,  Schaeffer's Cannabis Stock News Update , where we recap what happened in the world of marijuana stocks and look ahead to how the cannabis industry continues to shape up in 2021.

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Canadian cannabis producer HEXO Corp. (NASDAQ: HEXO) (TSX: HEXO) announced on Tuesday it will close three production sites in Canada, affecting up to 155 employees, as part of its integration plans following recent acquisitions, reported Reuters. HEXO said it will close down operations at Kirkland Lake and Brantford facilities in Ontario and Stellarton in Nova Scotia.

HEXO To Close Three Recently-Acquired Facilities In Canada, Will Lay Off 155 Workers

OTTAWA, Nov. 09, 2021 (GLOBE NEWSWIRE) -- HEXO Corp (“HEXO”, or the “Company”) (TSX: HEXO; NASDAQ: HEXO), today provided an update on the execution of its ongoing integration plan following its recent acquisitions of Redecan, Zenabis Global Inc. (“Zenabis”) and 48North Cannabis Corp. (“48North”). In the coming months, HEXO will cease operations at three production sites to centralize product cultivation, manufacturing, and distribution at its core facilities.

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The Canadian cannabis company extended a run of falling share prices.

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Two Roots Beverage Co. announced Tuesday it will provide Truss Beverage Co., a joint venture between brewer Molson Coors Beverage Co. (NYSE:TAP) and HEXO Corp. (NASDAQ:HEXO), with a non-alcoholic beer for its newly launched brand Bedfellows Liquid Arts. As the first collaborative brand in the Truss portfolio, Bedfellows Liquid brings consumers of legal age carefully crafted cannabis beverages, including Bedfellows Haus Mates and Bedfellows Indie Pals, which will be available this month in cannabis stores and authorized online retailers across Canada.

Molson Coors, HEXO, Truss & Two Roots Collaborate: New Cannabis-Infused Drink Headed For The Shelves

Shares of Canadian cannabis company Hexo Corp. fell to new lows Monday after an analyst downgrade and a statement from the company's auditor questioning its viability.

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Financial analysis firm Cantor Fitzgerald issued a new report on Canadian cannabis LP Hexo Corp. (NASDAQ:HEXO), after the company posted a net loss of $68 million with net sales of $38.7 million in the fourth quarter, with adjusted EBITDA worsening from the previous quarter.  The analysis maintained a Neutral rating but lowered the 12-month price target to C$2.10 ($1.70) from C$2.29.

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HEXO's (HEXO) CEO Scott Cooper on Q4 2021 Results - Earnings Call Transcript

HEXO (HEXO) delivered earnings and revenue surprises of -66.67% and 20.00%, respectively, for the quarter ended July 2021. Do the numbers hold clues to what lies ahead for the stock?

HEXO (HEXO) Reports Q4 Loss, Tops Revenue Estimates

Cannabis company HEXO Corp. (TSX:HEXO) (NASDAQ:HEXO) reported its financial results Friday for the fourth quarter and fiscal year ended July 31, revealing a 71% quarter-over-quarter and a 43%year-over-year growth in total net sales. In the fourth quarter, total revenue amounted to roughly CA$38.7 million ($31.3 million), beating FactSet consensus of CA$33.7 million and marking HEXO's best quarter of sales to date.

HEXO Reports Net Loss Of $68M In Q4, Net Sales Of $38.7M

Hexo Corp. HEXO, +1.85% said Friday it has a net loss of C$67.9 million ($55.0 million) in its fiscal fourth quarter to July 31, after a loss of C$169.5 million in the year-earlier period. The Canadian cannabis company did not offer a per-share breakdown.

Canadian cannabis company Hexo posts loss for Q4 and revenue that lags estimates

OTTAWA, Oct. 29, 2021 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the "Company") today reported its financial results for the fourth quarter (“Q4'21”) and fiscal year ended July 31, 2021 ("F'21"). All amounts are expressed in Canadian dollars unless otherwise noted.

HEXO Reports Fourth Quarter and Fiscal Year 2021 Financial Results Highlighting Strong Growth

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News for HEXO Corp Stock (HEXO)