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Village Farms continues to grow cannabis operations while the Canadian cannabis sector is struggling. The company is already EBITDA profitable in a sector where losses are typical. The stock only trades at 1x '23 sales targets. For further details see: Village Farms: Sca...
GATINEAU, Quebec, March 09, 2022 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“HEXO”), a leading producer of high-quality cannabis products, today announced that, at the annual general and special meeting of shareholders held on March 8, 2022, each of the seven di...
Hexo (TSX:HEXO) (NASDAQ:HEXO) shares soared 18% on Thursday from market close the day before after a strategic partnership with Tilray (TSX:TLRY) (NASDAQ:TLRY) was announced. What happened? Hexo stock jumped 18% with the news that Tilray would buy up to US$21...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Exxon (NYSE: XOM ) stock could see a major rise in the coming months with price predictions for crude oil increasing due to the war between Russia and Ukraine. Source: Harry Green / Shutterstock.com The risin...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Rivian (NASDAQ: RIVN ) stock continues to take a beating on Thursday as investors are still reeling from upsetting news earlier this week. Source: James Yarbrough / Shutterstock.com The first thing that has in...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Hexo (NASDAQ: HEXO ) stock is up more than 7% this morning after it was announced that Tilray (NASDAQ: TLRY ) would acquire a portion of its debt. As part of the agreement, Tilray will acquire up to $211 million...
Shares of Canadian cannabis company Hexo (NASDAQ: HEXO) soared at the open Thursday after it and peer Tilray announced plans for a new strategic partnership. As of 10 a.m. ET, Hexo shares were up 11.7% while Tilray stock had sunk 3.3%. Continue reading For fu...
Tilray Brands, Inc. (Nasdaq: TLRY) is striking up a partnership with Hexo Corp. (Nasdaq: HEXO) by buying $211 million of its debt. The move will bring together Canada’s top two cannabis market share leaders, strengthening their respective positions and setting the stage for...
Commercial and financial alliance would bring together Canada’s top two cannabis market share leaders to strengthen operational efficiencies and product innovation to benefit consumers, shareholders, and the cannabis industry Provides Tilray Brands with approximately C$20...
Proposed restructuring of Notes eliminates monthly redemption feature, amends financial covenants, extends maturity and releases US$80M in restricted cash to fund operations and strategic initiatives Both companies expected to realize commercial benefits with production efficien...
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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...