The companies believe the deal will help Ottawa-based cannabis producer access the European medical cannabis market through Zenabis' partnerships.
Hexo co-founders Adam Miron and Sébastien St-Louis, along with writer Julie Beun, reflect on their journey creating the local licensed cannabis producer.
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.
The firm said Monday it has amended the offer to one post-consolidation share for every four shares held.
Gatineau cannabis producer received warning from NYSE about low stock price.
Gatineau cannabis producer Hexo says it is planning to raise $40 million in an underwritten public offering that’s expected to close early next week.
Hexo's CEO said that restrictions put in place to help stem the spread of the virus will have a material impact on the Gatineau-based company’s earnings
Gatineau pot firm Hexo Corp. says it lost $62.4 million in its latest quarter compared with a loss of $12.8 million in the same quarter last year
Shares of Hexo Corp. fell after the cannabis company posted a larger-than-expected fourth-quarter adjusted loss and an inventory writedown