In the last week, HEXO stock has grown roughly 16%. Shares of the Quebec-based cannabis producer are now selling for $4.64 USD and appear to be on a climb. The increase suggests HEXO Corp (TSX:HEXO) (NYSE:HEXO) is bucking recent short-seller accusations that had investors worried.
HEXO StockHEXO Corp recently faced scrutiny from research-firm The Friendly Bear, which placed it under the spotlight for its promotion tactics on Snapchat (NYSE:SNAP). The short-seller suggested HEXO may be violating Canada’s strict advertising laws regarding minors and, as such, could be another “version” of CannTrust (TSX:TRST) (NYSE:CTST). The report ...
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