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 awarded at the Grow Up Conference and Expo Awards.
Here are the details.
HEXO Stock Trades in Green on Master Grower News
On September 16, HEXO Corp (TSX:HEXO) (NYSE:HEXO) said Agnes Kwasniewska, the company's Master Grower, was announced as the first-ever Master Grower of the Year at the 2019 Grow Up Awards Gala. The event was hosted on September 12 in Ontario. There were ten nominees, all of whom were licensed producers from across Canada; each nominee set the bar for others. However, HEXO Corp's Agnes Kwasniewska stood out from the others.
“I am honoured to receive this award,” Kwasniewska said. “This is great recognition for the entire cultivation team and HEXO’s focus on consistent, high-quality products.”
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HEXO Corp, a consumer packaged goods cannabis company, was pleased that someone from its team received the award, saying the following: “Here at HEXO, we all know that Agnes is an exceptional role model and grower and has been instrumental in our success. We are extremely proud to see her great work recognized by her peers in the cannabis industry.”
It's not always about getting the recognition a company feels it deserves, but when they do, it's worth taking a minute to congratulate them. And that's what investors seem to be doing Monday. At the time of writing, HEXO stock is trading at $4.23, putting it up 0.0969%. While not a huge jump, HEXO stock is trading in the green on a day where companies like Aurora Cannabis (TSX:ACB) (NYSE:ACB) is down as much as 6%. So, you take what you can get.
Takeaway
What do you think about the news? Is it enough to keep HEXO stock in the green for a while? Let us know your thoughts in the comments below.
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