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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, June 17, 202...
Canaccord Genuity has downgraded HEXO Corp. (NASDAQ:HEXO) to hold from speculative buy given its fiscal Q3 2022 results and withdrawing its financial cost-savings guidance. The Canadian licensed cannabis producer on Wednesday said that it may not provide any type of guidance in the future. Th...
GATINEAU, Quebec, June 15, 2022 (GLOBE NEWSWIRE) -- HEXO Corp (“ HEXO ” or the “ Company ”) (TSX: HEXO; NASDAQ: HEXO) is pleased to announce that at its special meeting of shareholders held yesterday (the " Meeting "), holders (" Shareholders ") o...
Top Canadian Cannabis Stocks And Current Market Volatility Marijuana stocks have been declining as the overall market established new 52-week lows in June. The best cannabis stocks have reached new lows this week, and Canadian pot stocks have been hit the hardest. Following the ...
HEXO press release (NASDAQ:HEXO): FQ3 GAAP EPS of -C$0.34. Revenue of C$45.57M (+101.1% Y/Y). Adjusted EBITDA of -C$18.34M. The company announces that it is entirely withdrawing its previously issued guidance on operational synergies and expected incremental increases to cash flows for the 20...
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. (All $ figures in Canadian t...
The share prices of many Canadian cannabis companies often move largely in tandem based on general sector news and any progress toward federal marijuana legalization in the U.S. But on Tuesday, the bigger names are getting some love from Wall Street while smaller Canadian pot stocks are dro...
Tilray Brands, Inc. (Nasdaq: TLRY) was able to lower the price it is paying for Hexo . The changes to the original deal include an additional discount on Tilray Brands’ purchase price as well as the reduction of the conversion price under the HEXO Note from C$...
Tilray Brands (NASDAQ:TLRY) amended the terms to acquire the remaining US$185M outstanding principal balance of a debt issued by cannabis peer Hexo (HEXO) to funds affiliated with HT Investments. Under the amended terms of the agreement, Tilray will pay 89.2% of the then outstanding prin...
MARKET CONDITIONS DICTATE RESETTING OF AGREEMENT TERMS STANDBY AGREEMENT CONDITIONS AMENDED IN HEXO’S FAVOUR HEXO TO FILE SUPPLEMENT TO MANAGEMENT INFORMATION CIRCULAR FOR SPECIAL MEETING OF SHAREHOLDERS VOTE TO APPROVE STANDBY AGREEMENT TO CONTINUE JUNE 1...
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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...