Cannabis company Hexo reports $20.7M Q3 loss, revenue edges higher
Ottawa-based firm’s net revenue totalled $22.7 million, up from $22.1 million in the same quarter last year.
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Zenabis Global
Hexo strikes $925M deal to buy country’s largest privately held pot producer
Ottawa-based cannabis firm said Friday it will pay $400 million in cash and $525 million in shares for Toronto-based Redecan as it continues to hunt
Hexo eyeing private label strategy as it charts U.S. expansion
CEO of Ottawa-based firm says arrangement would leverage Hexo’s technology to help multi-state operators boost their product quality and margins while lowering costs.
Hexo CEO Sebastien St-Louis said 48North’s strength in topical CBD- and THC-infused creams and ointments was a major selling point as Ottawa firm looks to
Hexo cuts Q2 loss after revenue nearly doubled compared with year ago
Ottawa-based cannabis firm reported a loss of $20.8 million in its latest quarter, compared with a loss of $298.2 million in the same period in 2020.
Hexo to acquire Zenabis in $235M deal, gain European pot market foothold
The companies believe the deal will help Ottawa-based cannabis producer access the European medical cannabis market through Zenabis’ partnerships.
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