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InvestorPlace - Stock Market News, Stock Advice & Trading Tips Hexo (NASDAQ: HEXO ) is on its knees. It is bleeding cash in a manner that could eat through all of its cash balance. Since announcing a “ strategic alliance ” deal on March 3 with a much larger cannabis...
This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 2, 2022 to its short form base shelf prospectus dated May 7, 2021 and amended and restated on May 25, 2021. GATINEAU, Quebec, May 11, 20...
Hexo (NASDAQ: HEXO) is no stranger to share price declines, and investors withstood a fresh double-digit decline in their company's stock this week. According to S&P Global Market Intelligence, the Canadian marijuana operator's shares fell by nearly 15% in the period, pushin...
Yet again, it's capital-raising time for beleaguered Canadian marijuana company Hexo (NASDAQ: HEXO) . On Tuesday, it announced the latest in a string of secondary stock issues, and shares promptly sank, closing the session 5% lower. In some respects, Hexo is lucky it didn't ge...
HEXO (NASDAQ:HEXO) established an at-the-market equity program which enables it to issue and sell up to C$40M of shares from treasury to the public at the company's discretion. The ATM replaces the ATM offering of shares in Canada and U.S. having an aggregate sale price of up to C$150M. ...
GATINEAU, Quebec, May 03, 2022 (GLOBE NEWSWIRE) -- HEXO Corp. (“ HEXO ”, or the “ Company ”) (TSX: HEXO; NASDAQ: HEXO) is pleased to announce that it has established an at-the-market equity program (the “ ATM Program ”) that allows the C...
Cannabis stocks were falling more than the market on Monday, with U.S. multistate operators Green Thumb Industries (OTC: GTBIF) , Curaleaf (OTC: CURLF) , and Canadian operator HEXO (NASDAQ: HEXO) falling as much as 7.5%, 4.6%, and 4.9% before recovering to losses of ...
The stock of Canadian cannabis company Hexo (NASDAQ: HEXO) popped Friday on news of two leadership changes. Shares moved as much as 7.5% higher before settling to a gain of 3% as of 2:25 p.m. ET. Investors were cheering news that Hexo is taking another step on a path it hopes wi...
HEXO (NASDAQ:HEXO) announced that Charlie Bowman has been appointed the company’s acting President and CEO, effective today. Concurrently, Scott Cooper is stepping down from his role as HEXO’s President and CEO. Company also announced the departure of ac...
HEXO (NASDAQ:HEXO) announced that Charlie Bowman has been appointed as its acting President and CEO, effective today, as Scott Cooper is stepping down from his role. He will move into a permanent role on successful completion of Health Canada's security clea...
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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...