HEXO Stock Recovers on New Licenses from Health Canada
HEXO stock is recovering this morning after HEXO Corp (TSX:HEXO) (NYSE:HEXO) announced that it has received licenses from Health Canada. New HEXO Licenses It goes without saying that much of 2019 has proven to be ... [Read]
This One Cannabis Company Can Profit By Taking on the Black Market
The cannabis industry's worst kept secret is that it's done little to diminish black market sales. We are a year into Canadian legalization, and Statistics Canada reports that 60 percent of Canadians are still getting their ... [Read]
HEXO Stock Extends Rally on Private Placement, Rescheduled Earnings
HEXO stock continues to move higher for the second straight session after HEXO Corp (TSX:HEXO) (NYSE:HEXO) postponed its fourth-quarter earnings release and announced a $70 million private placement. What's Coming Next? The cannabis sector has ... [Read]
HEXO Stock Gains With Introduction of Low-Cost Cannabis Product
HEXO stock is gaining slightly this morning after HEXO Corp (TSX:HEXO) (NYSE:HEXO) announced the launch of its new value brand Original Stash. Key Development The cannabis industry may have gone through a bit of a ... [Read]
HEXO Stock Sinks After Release of Preliminary Q4 Results
HEXO stock is down over 20% on Thursday after HEXO Corp (TSX:HEXO) (NYSE:HEXO) released its preliminary fourth quarter and fiscal 2019 results. HEXO Halves Expected Revenue HEXO Corp says it expects to post net revenue for ... [Read]
HEXO Stock Tumbles on News of CFO Departure: What’s Next?
It is no secret that HEXO stock has been under pressure over the past couple of months; and yet, things still looked relatively positive for HEXO Corp (TSX:HEXO) (NYSE:HEXO). It recently entered into a joint ... [Read]
HEXO Stock Feels the Pain on Industry Weakness: Key Points to Watch
HEXO stock has been under pressure over the past few months amid earnings disappointment from several popular cannabis companies. Let's analyze the recent performance by HEXO Corp (TSX:HEXO) (NYSE:HEXO). Acquisition of Newstrike Brands Despite the doom ... [Read]
HEXO Stock Jumps Another 5% on Analyst’s Optimism
HEXO stock continues to gain positive momentum today as the stock has gained 15% since Friday after an analyst at MKM Partners rated the stock a Buy and set a bullish price target on HEXO ... [Read]
HEXO Stock Gains as MKM Partners Initiates Coverage on Market
HEXO stock is up 11% today after MKM Partners initiated coverage on seven cannabis firms, including HEXO Corp (TSX:HEXO) (NYSE:HEXO). HEXO Stock the Biggest Gainer from MKM Coverage MKM Partners, an institutional equity research firm, ... [Read]
HEXO Stock Trades Up: Master Grower Named 2019 Grower of the Year
HEXO stock is trading in the green Monday. The increase came after the Quebec-based company said its Master Grower was named Master Grower of the Year. This is the first time this title has been ... [Read]