Investors tend to treat all cannabis stocks the same. That’s pretty common in an emerging market. However, this “one size fits all” mentality means one bad stock can spoil things for the bunch. Case ...
Cannabis stocks were in focus on Tuesday afternoon as Tilray Brands Inc (US:TLRY, CA:TLRY) announced its latest M&A transaction with rival Hexo Corp (US:HEXO, CA:HEXO) in its sights this time round.
Tilray Brands (NASDAQ:TLRY) announced it is acquiring rival cannabis company Hexo (NASDAQ:HEXO) as the industry continues to consolidate. The announcement was made in Tilray’s earnings release. The ...
Tilray is acquiring HEXO in an all-stock deal valued at $56 million. The transaction presents a salvo for HEXO whose liquidity as of the end of its last reported quarter presented a cash run rate of ...
Hexo (NYSE:HEXO) stock has taken a beating and things don’t look much better going forward. Shares of the marijuana stock are down more than 50% from late April, with the Hexo stock price sliding from ...
HEXO has seen a massive rally this year following the stock price collapsing in December during a reverse split. The Canadian cannabis company has cut the adjusted EBITDA losses, but the company faces ...
Hexo (NASDAQ:HEXO) stock is on the rise Friday thanks to investors taking interest in the company again as it reveals plans for an upcoming meeting. Hexo is preparing for its annual meeting of ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. After markets closed, both Hexo and Tilray confirmed the ...