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’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 co-founder and CEO exits after rocky ride The sudden departure is effective immediately and news of a replacement is expected in 'the coming days' Nick LabaOctober 18, 2021
Analysis Ontario Cannabis Store posts huge growth in 2nd-annual fiscal report A 420% expansion in store footprint has spiked sales and consumers care more about THC% than ever Nick LabaJune 30, 2021
News Hexo to buy 48North Cannabis for $50M Amid a wave of consolidation, the Ottawa firm says the deal will give it a top-2 position in the Canadian adult-use weed market Jared GnamMay 17, 2021
News Hexo to enter US weed market with Colorado facility As Canadian cannabis companies await US federal reform, Ottawa's Hexo creates a new American subsidiary to jump into the lucrative stateside market early Jared GnamMay 14, 2021
Canada Aurora stock falls amid more large losses and cost cuts With a massive $164.7M Q3 loss and a second round of cuts, the Edmonton producer is illustrative of troubles in the Canadian cannabis industry Jared GnamMay 14, 2021