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 expand its product lines.
Aiming high: Hexo's $50M deal for T.O. producer next step in 'big push' to become global cannabis powerhouse
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.
Ottawa firm posted net revenues of $29.5 million for the three-month period ending Oct. 31, up from $14.5 million in the first quarter of 2020.
New video promo says facility has been “engineered to manufacture advanced cannabis products” – including beverages that contain THC, the active ingredient in cannabis that helps produce a high.
Hexo’s pot-infused beverages, developed in concert with alcohol giant Molson Coors, are set to hit shelves the same day the products are cleared for sale in Canada
Molson Coors Brewing Co.
News that Molson Coors expects to bring cannabis-infused beverages to the Canadian market as early as next year sent shares of Gatineau-based marijuana producer Hexo – the brewing giant’s
A slew of expansion announcements and fresh attention on Gatineau-based Hexo have driven the company’s share price up nearly 40 per cent in the three weeks following shareholder’s calls to explore
Gatineau-based cannabis firm HEXO is under pressure from one of its largest shareholders after the group, disappointed in what it perceives as an undervalued share price, sent a letter to the firm
Molson Coors Canada, the business arm of Molson Coors Brewing Co., says it has entered into a joint venture to develop non-alcoholic, cannabis-infused beverages.