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Hexo Corp. (TSX: HEXO; NASDAQ: HEXO) reported its results for the fiscal first quarter of 2022 ending October 31, 2021, with revenue rising 29% sequentially to $50.2 million. Hexo also reported a total net loss of $116 million or ($0.46) per share. In addition to the num...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Lion Electric (NYSE: LEV ) stock was charging higher on Tuesday morning after the electric vehicle (EV) company revealed a new order contract. Source: Shutterstock Langs Bus Lines is the company behind this or...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Investors in cannabis company Hexo (NASDAQ: HEXO ) are slamming the stock following the release of its most recent earnings report. Source: Shutterstock The biggest disappointment for investors is the company&...
HEXO (NASDAQ:HEXO): FQ1 net loss and comprehensive loss of C$116.91M Revenue of C$50.19M (+70.3% Y/Y) Press Release The Company’s total non-beverage gross margin before adjustments increased to 28% from 25% in the previous quarter. Forecasting positive cash flow within the next four qu...
This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dates May 11, 2021, to its short form base shelf prospectus dated May 7, 2021, and amended and restated on May 25, 2021. All amounts are expressed...
GATINEAU, Quebec, Dec. 14, 2021 (GLOBE NEWSWIRE) -- HEXO Corp (TSX: HEXO; NASDAQ: HEXO), a leading producer of high-quality cannabis products, today announced the appointment of John K. Bell as Chair of the Board of Directors, effective December 14, 2021. “A key priority for th...
HEXO For Seeking Alpha's full earnings season calendar, click here. For further details see: Notable earnings before Tuesday's open
The increasing legalization of cannabis in the United States and the rising popularity of cannabis products for therapeutic and recreational uses have propelled the cannabis market’s growth. However, our view is that Aurora Cannabis (ACB) doesn’t look fundamentally fit enough to...
Shares of cannabis companies Hexo (NASDAQ: HEXO) , OrganiGram (NASDAQ: OGI) , and Green Thumb Industries (OTC: GTBIF) all rose in morning trading Tuesday by as much as 11.4%, 8%, and 6.9%, respectively. The reason behind those big moves was likely a broad bounce ...
GATINEAU, Quebec, Dec. 07, 2021 (GLOBE NEWSWIRE) -- HEXO Corp (“HEXO”, or the “Company”) (TSX: HEXO; NASDAQ: HEXO) plans to release its financial results for the fiscal quarter ended October 31, 2021, before market hours on December 14, 2021, as well as host a we...
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2023-06-25 11:06:26 ET Steps To Finding Top Marijuana Stocks To Buy Investing in marijuana stocks can offer a number of benefits even in a volatile market. Here are a few potential upsides to consider: High Growth Potential : The marijuana industry is still in its early stag...
2023-06-23 14:30:07 ET The Cannabis Industry 2023 The Highs And Lows Over the past few years, the cannabis industry has experienced tremendous growth. Much of which is showing no signs of slowing down anytime soon. The industry has grown from being a niche market to a multi-billion ...
HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“ HEXO ” or the “ Company ”) announced today the closing of the second of two tranches of the non-brokered private placement of Series 1 Preferred Shares (the “ Private Placement ”) previously announced on...