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HEXO (NASDAQ:HEXO) had announced in mid-January that it would reduce SG&A expenses by 30% by FY23 end; under the same initiative, the company announced the reduction of 180 positions, resulting in annual savings of ~$15M on an annualized basis. This has occurred through streamlining and s...
This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 11, 2021 to its short form base shelf prospectus dated May 7, 2021 and amended and restated on May 25, 2021. GATINEAU, Quebec, Feb. 09, ...
Shares of Hexo (NASDAQ: HEXO) are up 7% in morning trading Monday, rising to $0.67 per share at 11:30 a.m. ET, on no particular news for the company. However, today is a pretty big day for fellow pot stock Sundial Growers (NASDAQ: SNDL) as it faces imminent delisting from th...
Top Canadian Marijuana Stocks To Keep On Your Radar This Year Are you investing in the right marijuana stocks ? Many who are new to the cannabis sector are looking for the right companies to invest in. Well, today the least it is a bit of a learning process one that involves trial a...
Palm Beach, FL – February 2, 2022 – FinancialNewsMedia.com News Commentary – Brightfield Group recently released a report on the sales of cannabidiol (CBD) in the United States. According to the report, sales of CBD reached $5.3 billion in 2021, an increase ...
Marijuana stocks are having a terrific Tuesday, with OrganiGram Holdings (NASDAQ: OGI) shares gaining 8% as of 11:35 a.m. ET, Aurora Cannabis (NASDAQ: ACB) up a strong 9%, and Hexo Corp (NASDAQ: HEXO) leading the whole pack higher with a 12.8% gain. You can t...
It’s time for your Daily Hit of cannabis financial news for January 31, 2022. On The Site GrowGen GrowGeneration Corp . (NASDAQ: GRWG) has acquired Horticultural Rep Group (HRG) for an undisclosed amount. HRG is a specialty marketin...
This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 11, 2021 to its short form base shelf prospectus dated May 7, 2021 and amended and restated on May 25, 2021. GATINEAU, Québec, Jan....
On yet another "red" day for stock markets, marijuana investors saw their stocks tumble right along with the rest of the Nasdaq . By the time trading was done for the day, Tilray (NASDAQ: TLRY) stock was down 2%, Aurora Cannabis (NASDAQ: ACB) had fallen 2.6%, and...
This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 11, 2021 to its short form base shelf prospectus dated May 7, 2021 and amended and restated on May 25, 2021. GATINEAU, Québec., Jan. ...
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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...