HEXO.TO - HEXO Corp.
| Previous Close | 1.1800 |
| Open | 1.1800 |
| Bid | 1.1000 x 0 |
| Ask | 1.1100 x 0 |
| Day's Range | 1.1000 - 1.1800 |
| 52 Week Range | 1.1000 - 4.9700 |
| Volume | |
| Avg. Volume | 196,941 |
| Market Cap | 52.975M |
| Beta (5Y Monthly) | 2.14 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -2.1300 |
| Earnings Date | Jun 13, 2023 - Jun 17, 2023 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 1.61 |
Business WireHEXO Announces Closing of Non-Brokered Private Placement and Amendments to Arrangement Agreement and Waiver and Amendment Agreement
GATINEAU, Québec, June 01, 2023--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the "Company") announced today that it has closed the first of two tranches of a non-brokered private placement (the "Private Placement") consisting of the issuance of newly created Series 1 Preferred Shares (the "Preferred Shares") to a single institutional investor. The first tranche consisted of the issuance of 11,500,000 Preferred Shares at an issue price of US$1.00 per Preferred Share for gross proceeds to the
- Baystreet
Stocks in play: HEXO Corp.
Announced that Institutional Shareholder Services Inc., a leading independent proxy advisory firm, has ...
Business WireLeading Independent Proxy Advisory Firm ISS Recommends HEXO Shareholders Vote FOR the Arrangement Agreement with Tilray Brands
GATINEAU, Quebec, May 26, 2023--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the "Company") is pleased to announce that Institutional Shareholder Services Inc. ("ISS"), a leading independent proxy advisory firm, has issued a report recommending that HEXO Shareholders vote FOR the arrangement agreement (the "Arrangement") between HEXO and Tilray Brands, Inc. ("Tilray").
Business WireHEXO Corp. Files Circular for Special Meeting of Shareholders to Approve Arrangement With Tilray Brands, Inc.
GATINEAU, Québec, May 16, 2023--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the "Company") announced today the mailing of the management information circular (the "Circular") for the special meeting (the "Meeting") of the common shareholders of the Company (the "Shareholders"), to be held virtually on June 14, 2023 at 10:00 a.m. (Eastern Time) in accordance with an interim order of the Ontario Superior Court of Justice (Commercial List) obtained on May 10, 2023. The Circular and related mate
Business WireHEXO Corp. Announces Receipt of Interim Order in Respect of Arrangement With Tilray Brands, Inc.
GATINEAU, Québec, May 10, 2023--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the "Company") is pleased to announce that in connection with its previously announced arrangement agreement with Tilray Brands, Inc. ("Tilray") for a transaction whereby Tilray has agreed to acquire all of the issued and outstanding common shares of the Company by way of court-approved plan of arrangement (the "Arrangement"), HEXO has obtained an interim order from the Ontario Superior Court of Justice (Commercial L
GlobeNewswireROSE LifeScience Adds HEXO’s Québec Portfolio for Commercialization and Distribution Services
HUNTINGDON, Quebec, May 02, 2023 (GLOBE NEWSWIRE) -- ROSE LifeScience Inc. (“ROSE”), a Québec-based cannabis producer, distributor, and marketer, today announced that it will add HEXO Corp.’s (“HEXO”) Québec portfolio to ROSE’s industry leading commercialization and distribution services business. Headquartered in Gatineau, Québec, HEXO delivers premium cannabis experiences that inspire customer loyalty, from recreational to therapeutic products. HEXO’s products balance THC with CBD, terpene lev
- Market Exclusive
Weekly Roundup on the Cannabis Sector & Psychedelic Sector
Key Takeaways; Cannabis Sector Tilray Brands made waves by ranking on the Brewers Association list of top producing craft brewers in the United States. WM Technology’s Weedmaps announced a marketing campaign with the launch of “20 Days of Deals” during the 420 holidays. ScottsMiracle-Gro announced timing of Q2 2023 financial results and conference call. Key […] The post Weekly Roundup on the Cannabis Sector & Psychedelic Sector appeared first on Market Exclusive.
Yahoo Finance VideoTilray CEO on cannabis market challenges
Tilray CEO Irwin Simon joined Yahoo Finance Live to discuss the challenging cannabis market, acquisition plans, and inflation challenges. Tilray Brands, Inc., held their Q3 2023 earnings call on Tuesday, April 11. Tilray announced on Monday, April 10, that it plans to buy Hexo for a total of around $56 million in an all-stock transaction. The deal is expected to close in June 2023. Key video highlights: 00:00:05 - Simon on cannabis market challenges 00:00:32 - Simon on Hexo acquisition 00:01:15 - Simon on keys to a deal 00:02:15 - Simon on global impact 00:02:30 - Simon on inflation challenges
GlobeNewswireCORRECTION--Tilray Brands Reports Third Quarter Fiscal Year 2023 Financial Results and Announces Accretive Acquisition of 100% of HEXO Corp.
Delivered $145.6 Million in Net Revenue and 16th Consecutive Quarter of Positive Adjusted EBITDA Maintained #1 Cannabis Market Share Position in Canada, the Largest Federally Legal Cannabis Market in the World; With HEXO Transaction, Poised to Substantially Increase Canadian Revenue Medical Cannabis Leader in Europe Achieved Key Efficiency Milestones on Accelerated Path to Positive Cash Flow, Company Reiterates Cash Flow Guidance LEAMINGTON, Ontario and NEW YORK, April 10, 2023 (GLOBE NEWSWIRE)
- GlobeNewswire
Tilray Brands Reports Third Quarter Fiscal Year 2023 Financial Results and Announces Accretive Acquisition of 100% of HEXO Corp.
Delivered $145.6 Million in Net Revenue and 16th Consecutive Quarter of Positive Adjusted EBITDA Maintained #1 Cannabis Market Share Position in Canada, the Largest Federally Legal Cannabis Market in the World; With HEXO Transaction, Poised to Substantially Increase Canadian Revenue Medical Cannabis Leader in Europe Achieved Key Efficiency Milestones on Accelerated Path to Positive Cash Flow, Company Reiterates Cash Flow Guidance LEAMINGTON, Ontario and NEW YORK, April 10, 2023 (GLOBE NEWSWIRE)
Business WireHEXO Corp. Announces Acquisition by Tilray Brands
GATINEAU, Québec, April 10, 2023--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the "Company") announces that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") with Tilray Brands, Inc. ("Tilray") for a transaction whereby Tilray will acquire all of the issued and outstanding common shares of the Company (the "HEXO Shares"), subject to approval by the holders of HEXO Shares ("HEXO Shareholders") and the satisfaction or waiver of other closing conditions (the "
Business WireHEXO Ranks on The Globe and Mail’s Fourth-Annual Women Lead Here Benchmark of Executive Gender Diversity
GATINEAU, Québec, March 24, 2023--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the "Company"), is pleased to announce it has been included on The Globe and Mail’s 2023 Report on Business magazine’s Women Lead Here list. This annual editorial benchmark identifies top-notch Canadian businesses with the highest executive gender diversity.
- The Canadian Press
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The Canadian PressCannabis 'price war' could cause 'significant' damage to industry: HEXO CEO
Hexo Corp.'s chief executive says he's seen a "price war" take shape over the last five months that could cause "significant" damage to Canada's cannabis industry. "No one wins in a price war," Charlie Bowman told analysts on a Friday call. "A lot of the especially smaller independent retailers are bleeding from a standpoint of just the plethora of retailers that are on the market right now and undercutting one another." Statistics Canada said a gram of legal cannabis cost $10.29 on average in 2
- Baystreet
Stocks Fumble in Early Trading
Stocks in Toronto traded lower in early action led by declines in health-care and Financial stocks. The ...
The Canadian PressHexo reports net loss of $11.1 million in second quarter, lower revenues
GATINEAU, Que. — Hexo Corp. reported a net loss of $11.1 million in its latest quarter, up from a year earlier, when it reported a loss of $690.3 million, which included $616 million in one-time impairment charges. The Gatineau, Que.-based cannabis company's net revenues for the second quarter of the company's financial year were $24.2 million, down 54 per cent from a year earlier and down 32 per cent from the previous quarter. Hexo attributed the year-over-year lower net revenues to decreased m
Business WireHEXO Reports Q2’23 Financial Results
GATINEAU, Québec, March 16, 2023--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the "Company"), a leading producer of high-quality cannabis products, today reported its financial results for the second quarter of the 2023 fiscal year ("Q2’23"). All currency amounts are stated in Canadian dollars unless otherwise noted.
Business WireHEXO to Host Second Quarter 2023 Earnings Conference Call
GATINEAU, Québec, March 14, 2023--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the "Company"), a leading producer of high-quality cannabis products, announced today that it will hold an audio only conference call on March 17, 2023, at 10 a.m. EDT, to review its financial results for the second fiscal quarter, ended January 31, 2023. The results will be released after market close on Thursday, March 16, 2023.
- Business Wire
HEXO Increases Production of Its Popular Straight Edge Pre-Rolls and Launches Enhanced Inhalation Technology
GATINEAU, Québec, February 08, 2023--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the "Company"), a leading producer of high-quality cannabis products, is pleased to announce it has successfully completed the expansion of its straight edge pre-roll production capacity at the Company’s Fenwick, Ontario site and will be launching a unique proprietary inhalation technology, intended to greatly improve the cannabis experience.
Business WireHEXO Announces Election of Directors
GATINEAU, Québec, January 31, 2023--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO"), a leading producer of high-quality cannabis products, today announced that at the annual general meeting of shareholders held on January 31, 2023 (the "Meeting"), each of the eight director nominees was elected as a director of HEXO. Detailed results of the vote are set out below.
Business WireHEXO Wins Complete Dismissal of Putative Québec Shareholder Class Action
GATINEAU, Québec, January 27, 2023--HEXO Corp (TSX: HEXO; NASDAQ: HEXO) ("HEXO", or the "Company"), a leading producer of high-quality cannabis products, announced today that it has won a complete dismissal of the putative securities class action lawsuit pending before the Québec Superior Court against the Company and its former Chief Executive Officer, filed on November 19, 2019 on behalf of certain primary market and secondary market purchasers of securities of the Company.
Business WireHEXO Corp. Regains Compliance with Nasdaq Minimum Bid Price Requirement
GATINEAU, Quebec, January 20, 2023--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the "Company"), a leading producer of high-quality cannabis products, today announced that it has received formal notice from The Nasdaq Stock Market LLC ("Nasdaq") stating that the Company has regained compliance with the minimum bid price requirement in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Stock Market.
Business WireHEXO Corp. Announces Filing of Supplement to Proxy Circular for Appointment of Auditor
GATINEAU, Quebec, January 13, 2023--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the "Company"), a leading producer of high-quality cannabis products, today announced that it has filed amended meeting materials (collectively, the "Amended Meeting Materials") consisting of an amended notice of meeting and a supplement to its information circular dated December 14, 2022 well in advance of its upcoming annual meeting of shareholders to be held on January 31, 2023 (the "2023 AGM"). The sole purpo
Business WireHEXO Launches Five New Cannabis Strains Under Market-Leading Redecan and Original Stash Brands
GATINEAU, Quebec, January 09, 2023--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the "Company"), a leading producer of high-quality cannabis products, is pleased to announce the launch of its new TnT Cannabis strains under the Redecan and Original Stash Brands labels across Canada. The new strains further expand HEXO’s top-selling product portfolio and are available on retailer shelves now.
- Baystreet
Freshii at 52-Week High on News
Freshii Inc. (T.FRII) hit a new 52-week high of $2.22 Monday. Freshii has entered into an arrangement ...