Business Deep in debt, Hexo hemorrhages $146.66 million in Q3 From plant closures to a debt spiral that threatens to bankrupt the company – there's not much hope left Joseph MortonJune 20, 2022
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 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 shareholder calls for board replacements as share price tanks The firm says Adam Arviv's 'actions serve as an unhelpful distraction' Kathryn TindaleFebruary 3, 2022
Business Hexo’s sales spike 31% with $117M loss after steep impairments in Q1 The company is also making a number of new changes to its top management Nick LabaDecember 14, 2021
Business Hexo to shutter 3 production sites in early 2022 Around 155 employees will be impacted by the decision to shut down the facilities and centralize operations Kathryn TindaleNovember 9, 2021
Business Hexo reaches new highs this quarter, yearly sales up 57% The firm's beverage sales are up 66% and the rest of its adult-use segment grew 31% this quarter Kathryn TindaleOctober 29, 2021