HEXO Corp.

HEXO Corp.

HEXO
HEXO Corp.US flagNASDAQ Capital Market
0.71
USD
+0.02
- -
31.24MMarket Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Charlie Bowman
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
Address
120 Chemin de la Rive Gatineau QC Canada
IPO Date
Mar 23, 2017
Business
HEXO Corp., a subsidiary of Tilray Brands, Inc., operates as a leading licensed producer of consumer packaged goods cannabis products for the recreational and medical markets in Canada and select international locations. The company offers a portfolio of premium cannabis brands including HEXO, Redecan, Original Stash, Bake Sale, T 2.0, Good Supply, RIFF, Broken Coast, Solei, and Canaca; its product lineup encompasses dried flower strains such as Time of Day collections, Hydrogen medical lines (e.g., Papaya Grove, Green Chai, Kush), high-THC TnT strains (23-35% THC), Decarb activated marijuana powder, Elixir sublingual cannabis oil sprays, Fleur de Lune intimate oils, pre-rolls, vapes, edibles, and extracts via its KIT joint venture for cannabinoid isolation technology. HEXO maintains extensive production facilities totaling approximately 1.8-2 million square feet across Ontario and Quebec, with historical operations in New Brunswick and a foothold in Greece for Eurozone processing; it also supports U.S. initiatives through a Colorado facility for non-cannabis CPG partnerships like Truss CBD-infused beverages with Molson Coors. Founded in 2013 as The Hydropothecary Corporation and headquartered in Gatineau, Quebec (with key sites in Kanata and Ottawa, Ontario), HEXO underwent a major strategic shift in 2023 through its acquisition by Tilray Brands, creating Canada's largest cannabis company by revenue with enhanced market share (44% boost), annualized cost savings exceeding $27 million from synergies in production, distribution, and operations, and integration of complementary brands and infrastructure including prior acquisitions of Redecan, Zenabis, and 48North.

Company News

APIChatGPT
  • AI Entrepreneurs at Hexo Labs Release SIA: An Open Source “Self-Improving AI” That Accelerates Superintelligence

  • Tilray Successfully Prevails with Dismissal of HEXO Shareholder Lawsuit

  • Cannabis stocks struggle as Canada marks five years of legal recreational use

  • Investing In Top Marijuana Stocks 2023

  • As Tilray buys Hexo, former exec sees more consolidation ahead in Canadian cannabis

  • The Growth And Future Potential Of The Cannabis Industry

  • HEXO Corp. Announces Completion of Acquisition by Way of Arrangement With Tilray Brands, Inc.

  • HEXO Corp. Announces Receipt of Final Order for Arrangement With Tilray Brands, Inc.

  • HEXO Corp. (HEXO) Q3 2023 Earnings Call Transcript

  • Tilray takeover target Hexo posts decline in third-quarter financials

  • HEXO (HEXO) Reports Q3 Loss, Lags Revenue Estimates

  • HEXO Reports Q3'23 Financial Results

  • Hexo Corp.'s Shareholders Approve Acquisition by Way of Arrangement With Tilray Brands, Inc.

  • HEXO to Host Third Quarter 2023 Earnings Conference Call

  • Top Canadian Penny Stocks To Buy? 3 To Watch

  • HEXO Announces Closing of Non-Brokered Private Placement and Amendments to Arrangement Agreement and Waiver and Amendment Agreement

  • Don't Avoid All Canadian Cannabis Producers

  • Leading Independent Proxy Advisory Firm ISS Recommends HEXO Shareholders Vote FOR the Arrangement Agreement with Tilray Brands

  • Top Marijuana Stocks To Invest In 2023

  • Canadian Cannabis Stocks Under $2 To Watch Now