Business Hexo slashes 230 jobs after Belleville facility shutdown Approximately 565 jobs have been cut off this year Natalia Buendia CalvilloApril 21, 2022
Business Hexo reports $616M write-down in Q1 The firm says the charges give it a 'clean slate' for future growth Nick LabaMarch 18, 2022
Business Hexo defaults on senior debt, but lender waives event due to Tilray deal The firm could've been immediately on the hook to pay 115% of the principal owed Nick LabaMarch 14, 2022
Business Hexo elects 7 directors, approves share consolidation 85% of votes were in favour of consolidating shares to keep the firm's Nasdaq listing Kathryn TindaleMarch 9, 2022
Business Tilray to buy US$211M in Hexo debt for equity ownership KAOS Capital is also supplying $180M equity backstop Kathryn TindaleMarch 3, 2022
Business Hexo refreshes board, reaches deal with activist shareholder 7 new board members will stand for election at a meeting March 8 Nick LabaFebruary 22, 2022
Business Hexo suggests share consolidation to stay on Nasdaq A special shareholder meeting is slated for March 8 Nick LabaFebruary 15, 2022
Business Hexo slashing 180 jobs to save $15M annually The firm had said it plans to cut SG&A expenses by 30% by the end of fiscal 2023 Kathryn TindaleFebruary 9, 2022
Business Hexo could lose its Nasdaq listing The firm has been given 180 days to improve its share price Kathryn TindaleJanuary 31, 2022
Business In search of profits, Hexo plans for more ‘right-sizing’ in 2022 The firm has sold its 25% interest in Belleville Complex Inc. for $10.1 million Kathryn TindaleJanuary 19, 2022