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$1.73 the other day is lookin' good.
HEXO$
Let's see where you go..
HEXO Corp reports financial results for the first quarter fiscal 2020
Key highlights of First Quarter of 2020 fiscal year
Operational expenses decreased 25% quarter over quarter, to $35.1M in Q1’20, compared with $46.9M in Q4’19
Launched Original Stash in Quebec, a value brand that seeks to disrupt the black market
Adult-use grams and gram equivalents sold increased 5% from Q4 to 4,196 kg
Obtained Phase 1 licence for Belleville, sale of cannabis topicals, extracts, edibles and beverages licence for Gatineau facility, and a research licence for the Company.
Subsequent to quarter end:
Launched Original Stash in Ontario
Closed a $70M private placement of 8% unsecured convertible debentures, including key management and board participation of over 10%
OTTAWA, Dec. 16, 2019 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX:HEXO; NYSE:HEXO) (“HEXO” or the "Company") today reported its financial results for the first quarter fiscal 2020 ended October 31, 2019. All amounts are expressed in Canadian dollars.
“We have done some pretty heavy lifting on our operations, as we work towards profitability in 2020. The choices that we have made and implemented have already led to a 25% reduction in our operating expenses,” said Sebastien St-Louis, CEO and co-founder of HEXO Corp. “Cost control combined with our multi-brand approach, an updated strain mix, as well as the introduction of new products, will help us increase our market share and total revenue, leading us towards great results in 2020. I am more confident than ever in our ability to continue down this path and to pivot with more speed and assertiveness should market conditions evolve again.
I think under $3 is a steal, just want to time a buy right! Would love to see this hit $4 later in the week.
$2.56 + 4% HEXO$
edit $2.66
edit U get the idea ;)$!
Nice recovery, was expecting more of a bath.
Up 20% yesterday was expecting a cool down today. Will be back Green next week.
Sebastian is kind of pumped
https://www.bnnbloomberg.ca/hexo-s-new-discount-bulk-pot-offering-not-a-loss-leader-ceo-1.1333089
3 times a charm -> blast thru 3.70.. gone ;)
HEXO$
Charts looking they might be ready to take off.
Did you disappear or still trying to cover?
What’s your guess for next week, just so I can do the opposite and make money.
Huh? You just making stuff up now?
Haha that made me laugh. This will be huge in Sept-Nov this year. Just clearing some funds for next week!
A few other things going on as well Smoke
Last line in the article actually implicates you ;) :
https://www.bbc.com/news/business-49356027
Twas great news
HEXO$
Love how great news leads to a sell off!
HEXO Corp bolsters Ontario foothold with addition of 18 new product listings at the Ontario Cannabis Store
Award-winning Helios dried flower now available to Ontarians
GATINEAU, Quebec, Aug. 14, 2019 (GLOBE NEWSWIRE) -- HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NYSE: HEXO) is pleased to announce that its dried flower cannabis products are now available to Ontario consumers, after finalizing terms with the Ontario Cannabis Store (OCS).
HEXO now adds nine of its dried flower offerings in both 3.5g and 15g SKUs to the OCS, including the Company’s award-winning Helios dried flower, which was named Best Sativa at the O’Cannabiz 2019 Industry Awards.
“We are thrilled to increase our offering at the OCS,” said HEXO Corp CEO and co-founder, Sebastien St-Louis. “Apart from being our nation’s most populous province with the highest demand for cannabis products, the Ontario marketplace is among the most competitive—and we are rolling out high quality products to which we believe Ontario consumers will strongly gravitate.”
According to Statistics Canada, 15.4 per cent of Ontarians used cannabis in the last quarter of 2018, in line with the national average. Furthermore, according to a recent study from Arcview Market Research, the forecast for Ontario’s share of the national market is expected to rise by 39 per cent by 2024, which would make Ontario a $1.8-billion marketplace. “We will be allocating a significant amount of inventory to the Ontario market, considering retail demand and our goal to become the top choice for consumers in Ontario—and right across Canada,” added St-Louis.
The new dried flower offerings at the OCS join HEXO's award-winning Elixir cannabis oil oral spray, which has been available in Ontario since legalization. Elixir CBD was named Cannabis Product of the Year and Innovation of the Year at the 2018 Canadian Cannabis Awards. The OCS also carries product from Up Cannabis, which is part of the HEXO family of brands.
HEXO’s dried flower products at OCS will include a wide variety of Sativa dominant, Indica dominant and hybrid strains such as Bayou, Sierra, Terra, Helios, Horizon, Lagoon, Tsunami, Atlantis and Nebula.
With HEXO and Up Cannabis brands, HEXO products are available in nine provinces, expanding the Company’s footprint in Canada and providing more choice for consumers.
Beautiful day!
we'll see... looks nice!
HEXO$
Yw, gap from this morning fill.. we'll see.
Great news thanks for sharing
eh eh eh ;)
HEXO
HEXO’s dried flower and award-winning Elixir spray now available in Alberta
GATINEAU, Quebec, July 22, 2019 (GLOBE NEWSWIRE) -- HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NYSE: HEXO) cannabis products are now available to Alberta consumers for the first time after finalizing an agreement between HEXO and Alberta Gaming, Liquor and Cannabis (AGLC).
The agreement provides AGLC with HEXO’s nine dried flower products and award-winning Elixir oral sprays, making them available on the Alberta Cannabis online store and to all of the nearly 200 private retail stores in the province.
“This agreement marks the latest achievement in the development of HEXO’s presence in Western Canada and our goal to be top two in market-share in the country,” said HEXO Corp CEO and co-founder, Sebastien St-Louis. “Alberta represents one of the largest cannabis markets in Canada and we are thrilled to see our products are available to Albertans across the province.”
With HEXO and Up Cannabis brands, HEXO products are available in nine provinces, expanding the Company’s footprint in Canada and providing more choice for consumers.
Gettin' closer to the turn
https://pbs.twimg.com/media/D7Ck3SIW0AE0ozk.jpg:large
Moving on up!
HEXO Corp to transfer listing to the New York Stock Exchange
GATINEAU, Quebec, July 11, 2019 (GLOBE NEWSWIRE) -- HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NYSE-A: HEXO) is pleased to announce it has received approval from the New York Stock Exchange (the “NYSE”) to transfer the listing of its common shares from the NYSE American LLC (the “NYSE-A”) to the NYSE. HEXO expects to begin trading on the NYSE effective at the open of markets on July 16, 2019.
HEXO’s shares will trade on the NYSE under the ticker symbol “HEXO”, the same symbol the Company’s common shares currently trade under on the NYSE-A, as well as the Toronto Stock Exchange (the “TSX”). HEXO’s shares will continue to trade on the TSX under such symbol.
"We are extremely pleased to list on the NYSE and believe it reaffirms HEXO’s strong track-record for exceptional corporate governance and is further proof that we are a valuable cannabis industry partner for Fortune 500 companies," said CEO and co-founder Sebastien St-Louis. “HEXO is well-positioned to support consumer packaged goods companies looking to enter the space given our success in the industry, our established infrastructure including a manufacturing centre of excellence in Ontario, Canada, our technology to support mass-scale extraction and processing of advanced cannabis products, and our regulatory expertise.”
In connection with the listing of its common shares on the NYSE, the Company will voluntarily delist its common shares from the NYSE-A.
Forgot about July 4th. I’m happy to see Bruce gone and I agree with your comment!
US HEXO market closed early today due to the holiday tomorrow.
In related news, Bruce Linton is out at Canopy. I wonder if this will start a fire under the other players to begin tightening the screws on efficiency with production/revenue.
GLTA & JMO
Strange to see the US HEXO and CAN HEXO appear to be out of sync today.
You’re in Canada? You should know that answer already! Buy buy buy in a year you will be ddbl your investment, or trade half nothing wrong with that way, winner winner. Good company imo $HEXO
Bought a few shares today. Nice volume!
I started buying this up again late last week and this week. I’m betting the bottom is in and we will see another run. Did the same after legalization in Oct and Nov and did pretty good for myself.
New to Hexo and this board. Unbeknownst to me (as I was busy looking the other way) my 10,000 HIP shares turned into 633 Hexo shares. A merger I wasn’t aware of. Lol. I missed the boat for sure according to the 11 bucks I paid. Should I bail now while I still have my shirt?
HEXO Corp to announce third quarter fiscal 2019 results and webcast.
GATINEAU, Quebec, June 10, 2019 (GLOBE NEWSWIRE) -- HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NYSE-A: HEXO) will release its financial results for the third quarter fiscal 2019 ended April 30 after markets close on June 12, 2019.
Following the release of its results, HEXO Corp will host a webcast at 8:30 a.m. EDT on June 13, 2019.
Webcast Details
Date: June 13, 2019
Time: 8:30 a.m. EDT
Webcast: https://event.on24.com/wcc/r/2024795/B3292162910AF83BBB1BF16DA71732DF
Replay Information
A replay of the call will be accessible by telephone until 11:59 a.m. EDT on June 27, 2019.
Toll Free Dial-In Number: 1-888-390-0541
Replay Password: 717260#
For previous quarterly results and recent press releases, see hexocorp.com.
About HEXO Corp
HEXO Corp is an award-winning consumer packaged goods cannabis company that creates and distributes innovative products to serve the global cannabis market. Through its hub and spoke business strategy, HEXO Corp is partnering with Fortune 500 companies, bringing its brand value, cannabinoid isolation technology, licensed infrastructure and regulatory expertise to established companies, leveraging their distribution networks and capacity. As one of the largest licensed cannabis companies in Canada, HEXO Corp operates with 2.27 million sq. ft of facilities in Ontario and Quebec, including a centre of excellence for manufacturing in Belleville, Ontario. The Company is also expanding internationally and has a foothold in Greece to establish a Eurozone processing, production and distribution centre. The Company serves the Canadian adult-use markets under its HEXO Cannabis and Up Cannabis brands, and the medical market under HEXO medical cannabis. For more information please visit hexocorp.com.
Forward-Looking Statements
This press release contains forward-looking information and forward-looking statements within the meaning of applicable securities laws (“forward-looking statements”). Forward-looking statements are based on certain expectations and assumptions and are subject to known and unknown risks and uncertainties and other factors that could cause actual events, results, performance and achievements to differ materially from those anticipated in these forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results. A more complete discussion of the risks and uncertainties facing the Company appears in the Company’s Annual Information Form and other continuous disclosure filings, which are available on SEDAR at www.sedar.com and EDGAR at www.sec.gov. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements as a result of new information or future events, or for any other reason.
Investor Relations:
Jennifer Smith
1-866-438-8429
invest@HEXO.com
www.hexocorp.com
Media Relations:
Caroline Milliard
(819) 317-0526
media@hexo.com
Director
Adam Miron
819-639-5498
Copyright © 2019 Hexo, All rights reserved.
You are receiving this email because you opted in via our website at hexocorp.com.
Our mailing address is:
Hexo
490 Boul. St-Joseph
Suite 204
Gatineau, Quebec J8Y 3Y7
Canada
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Sébastien St. Louis, CEO of Hexo Corp, joins BNN Bloomberg to discuss calls from activist investor Riposte Capital to put the marijuana producer for sale.
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