
From high flying to burnout, cannabis industry faces downturn five years post-legalization
Cannabis legalization has had wide-reaching effects and made its use more accessible and acceptable. Yet the razzle-dazzle days where money was no object and sky-high
Hexo offers contract growing services to leverage capacity, help small suppliers
Amid restructuring and layoffs in the cannabis industry, Hexo Corp. is offering contract growing services to smaller companies in a bid to create a “win-win”
Cannabis company Hexo regains compliance with Nasdaq’s minimum bid price requirement
Hexo Corp. says the Nasdaq Stock Market LLC has informed the cannabis company that it has regained compliance with minimum bid price requirements.
Hexo reports $52.1M net loss in Q1, announces share consolidation
The Gatineau-based firm’s first-quarter net loss compared with a net loss of more than $116.9 million a year earlier.
New Hexo CEO opens up about push to overhaul cannabis business after turmoil
CEO Charlie Bowman has already deepened his predecessor’s cuts and begun backing away from certain products, but he insists the moves are for a good
Pot company Hexo’s restructuring to include loss of 450 jobs, Belleville facility closure
Gatineau-based marijuana producer says in financial filings that the reduction will result in annualized savings of $30.6 million and is meant to simplify its organizational
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