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All financials are in Canadian dollars and all images are from HEXO's Management Discussion and Analysis, unless otherwise noted.
Summary
HEXO (HEXO) is a mid-sized Canadian cannabis producer that is quickly growing into a top-tier producer. Over the past year, HEXO's revenues have increased more than ten-fold, and the company is expecting revenue to jump to $400 million next year - an eight-fold increase over current run-rate revenue.
This quarter, HEXO sold 2,537 kg equivalents of adult-use cannabis, giving HEXO approximately 12% market share of the Canadian market based on Stats Canada data.