Etiket: Hexo
Cannabis industry | Tilray acquires Hexo
Gatineau cannabis producer Hexo will be acquired by Tilray Brands. Posted at 5:47 p.m. The multinational with its main offices in Ontario and New York estimates the purchase price at…
Hexo regains compliance with NASDAQ minimum bid requirements
(Gatineau) Hexo once again meets the minimum bid price requirements of the NASDAQ Stock Exchange, the cannabis producer said Friday. Posted at 10:59 The Gatineau company lost this compliance when…
Second trimester | Hexo announces a loss of 52.1 million and consolidates its shares
(Gatineau) Hexo posted a net loss of 2e quarter of 52.1 million, as the cannabis producer got rid of unprofitable products and imposed a lean regime on its business. Posted…
Hexo discontinues some products and cuts positions
(Toronto) Three months after assuming the top job at Hexo, Chief Executive Charlie Bowman has already deepened his predecessor’s cuts and begun to drop some products, but he insists the…
A subsidiary of Hexo under the Creditors Arrangement Act
(Gatineau) Cannabis company Hexo said its wholly-owned subsidiary Zenabis Global has filed for protection under the Companies’ Creditors Arrangement Act. Posted at 9:04 a.m. The company says Zenabis filed the…
Cannabis producers | Tilray and Hexo review their agreement
(Gatineau) Tilray Brands and Hexo have revised the terms of a 211 million agreement signed by the two cannabis producers, which could see Tilray hold a stake in its rival.…
Restructuring | Hexo appoints third CEO in six months
(Gatineau) The game of musical chairs continues at Hexo, the cannabis producer having announced on Friday the appointment of its third president and CEO in six months. Posted at 1:09…
Cannabis | Tilray and Hexo sign definitive agreement
(Leamington) Cannabis producer Tilray Brands has signed a definitive agreement as part of its proposed strategic plan with rival Hexo, announced last month. Posted at 11:52 The agreement provides that…
Hexo has the cash to wait for aid promised by Tilray
(Montreal) Cannabis producer Hexo has enough cash to wait for the lifeline, announced at the beginning of the month, by its competitor Tilray, assures the management of the Gatineau company,…
An activist investor with an embellished CV at Hexo
The militant investor who has just placed his pawns on the board of directors of Hexo after strongly criticizing the Quebec cannabis producer has embellished his CV by presenting himself…
Hexo reshuffles its board of directors
Navigating in troubled waters for several months, the Quebec cannabis producer Hexo is reshuffling the cards by changing the composition of its board of directors, replacing four of its members,…
Hexo wants to reduce the number of its outstanding shares
Risking delisting from the Nasdaq because the value of its shares is too low, the Quebec cannabis producer and main supplier of the Quebec Cannabis Society, Hexo, wants to boost…
An investor wants the election of new directors at Hexo
Unhappy with Hexo’s financial and stock market performance, an Ontario investor wants a seat on the Gatineau pot producer’s board and offers a list of new directors. Posted at 10:45…
Cannabis: Hexo in troubled waters on the Nasdaq
The main supplier of the Quebec Cannabis Society, Hexo, could be delisted from the Nasdaq if the value of its shares does not exceed US$1.00 by the end of July.…
Redecan’s Links to Controversial Individual | Health Canada has finished examining an acquisition of Hexo
Under the magnifying glass of the authorities in Quebec and Ottawa in the wake of the acquisition of a company linked to an individual who would have links with members…
Cannabis | Hexo calls on Quebec, which remains on the sidelines
Quebec has no plans to inject money into struggling cannabis producer Hexo, which has turned to the state as it seeks funding. Real estate mogul Vincent Chiara, one of the…
Cannabis: the big boss of Hexo leaves the company
Cannabis producer Hexo announced on Monday the immediate departure of its co-founder and CEO, Sébastien St-Louis. The company explained that Mr. St-Louis’ departure was part of a strategic reorganization. “On…