HEXO stock has been under pressure over the past few months amid earnings disappointment from several popular cannabis companies. Let’s analyze the recent performance by HEXO Corp (TSX:HEXO) (NYSE:HEXO).
Acquisition of Newstrike BrandsDespite the doom and gloom in the cannabis sector for much of the year so far, many companies have continued to make a range of highly important moves. One such company is HEXO, which has managed to make the kind of moves that could make it one of the most important players in the industry in the long-term. The acquisition of Newstrike Brands ...
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