At the time of writing, HEXO stock is selling for $7.13 USD and up almost 2%. News that the company has begun to close its acquisition of Newstrike Brands is clearly exciting investors.
Let’s check this out.
HEXO StockHEXO Corp (TSX:HEXO) (NYSE:HEXO) acquired Newstrike Brands (TSXV:HIP) (OTC:NWKRF) for roughly $197 million in March. The take-over sent shock waves through the industry. HEXO—already one of the most formidable second-tier cannabis companies—can now expect its operations to grow rapidly.
Combining this new acquisition potential with HEXO’s lower valuation has sealed the deal for ...
Read The Full Article On PotStockNews.com
Get the latest marijuana stock news, cannabis on stock news on PotStockNews
All content provided by Pot Stock News is subject to our Terms Of Use and Disclaimer.