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$HEXO Cannabis stock rocking up today
yep. kaboom alright.
LOL
#HEXOFRAUD
0.1719
-0.0028 (-1.60%)
And don't forget they already have RS behind them.
Sebastian fraudulently reported anticipated revenue projections that were inflated 12x what the revenue actually came in at, and the PPS collapsed. This stock should be trading at over $30 per share if things are brought back to those initial fraudulent projections. It really doesn't get anymore illegal than that and he is still walking around a free man - and people wonder why there are calls to punish the wealth daily.
RS likely by 2023 imo too many shares
“4:23p ET 7/28/2022 - Globe Newswire
HEXO Granted Additional 180 Calendar Day Grace Period by Nasdaq to Regain Compliance with Minimum Bid Price Rule
EQNX::TICKER_START (TSX:HEXO),(NASDAQ:HEXO), EQNX::TICKER_END This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated May 2, 2022 to its short form base shelf prospectus dated May 7, 2021 and amended and restated on May 25, 2021.
Extension will provide the Company with the runway to effectively position HEXO for long-term success
HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the "Company"), announced today it received an extension of 180 calendar days from the Nasdaq Stock Market LLC ("Nasdaq") to regain compliance with the Nasdaq's minimum $1.00 bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market (the "Bid Price Requirement"), following the expiration of the initial 180 calendar days period to regain compliance on July 25, 2022. The Nasdaq determination is based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on the Nasdaq Capital Market with the exception of the Bid Price Requirement, and the Company's written notice of its intention to cure the deficiency during the second compliance period by effecting a share consolidation, if necessary.
"This extended grace period will provide the runway we need to position HEXO for long-term success," noted Charlie Bowman, President and CEO of HEXO. "Our listing on the Nasdaq is a critical component of our profitable growth strategy, providing access to a broad investor base and expanded awareness within the U.S. market."
As a result of the extension, the Company now has until January 23, 2023 to regain compliance with the Bid Price Requirement. If at any time before January 23, 2023, the bid price of the Company's common shares closes at or above US$1.00 per share for a minimum of 10 consecutive business days, Nasdaq will provide written notification to the Company that it has achieved compliance with the Bid Price Requirement. If the Company chooses to implement a share consolidation to regain compliance, it must complete the consolidation no later than ten business days prior to the expiration of the additional 180 calendar day period in order to timely regain compliance.
If the Company does not regain compliance with the Bid Price Requirement by January 23, 2023, Nasdaq will provide written notification to the Company that its shares will be subject to delisting. At such time, the Company may appeal the delisting determination to a Nasdaq Hearings Panel. The Company would remain listed pending the Panel's decision. There can be no assurance that, if the Company does appeal a subsequent delisting determination, such appeal would be successful.
This current notification from Nasdaq has no immediate effect on the listing or trading of the Company's shares, which will continue to trade on the Nasdaq Capital Market under the symbol "HEXO". The Company is also listed on the Toronto Stock Exchange and the notification letter does not affect the Company's compliance status with such listing.
”
#HEXOFRAUD
0.1711
-0.0064 (-3.61%)
$$$HEXO$$$ Loading and holding Big Time! $$$
HR 5651: The “Fresh Start Act” sponsored by Rep. David Trone (D-MD) would provide federal funding to states that create their own systems of automated expungements. $HEXO
The Global Cannabidiol CBD Market Size was estimated at USD $551.20 million in 2021 and is projected to reach USD $3154.20 million by 2028, exhibiting a CAGR of 28.30% during the forecast period $HEXO
The pandemic saw a boom in legal recreational Cannabis sales across Canada. From March 2020 to February 2021, sales totaled $2.5 billion, double the $1.25 billion of the previous 12 months $HEXO
Cramer is a market cop for CNBC always thinking that it's a crime when the market goes down,and it's his job to put bears in handcuffs,and trying to keep the public from panicking over the current conditions in the market and Street.
The Industrial Hemp market size was worth around US$ 4.5 billion in 2021 and is estimated to hit approximately US$ 17.24 billion by 2030. $HEXO
I’m a fan of Tyson , Biden’s announcement offset the news below, I wish I had bought it last week because the chart said to buy and I missed the opportunity.
“2:56p ET 9/8/2022 - MarketWatch
Quebec and Alberta provinces reportedly won't allow sales of Mike Tyson's cannabis by Hexo”
0.1864
-0.0278 (-12.98%)
Inflation is peaking, and that is ‘nirvana’ for stocks, Jim Cramer says
https://cnbc.com/2022/08/10/inflation-is-peaking-and-that-is-nirvana-for-stocks-jim-cramer-says.html $HEXO
Biden pardons all federal offenses of simple marijuana possession in first major steps toward decriminalization
https://www.cnn.com/2022/10/06/politics/marijuana-decriminalization-white-house-joe-biden $HEXO
$HEXO Has $14.22M in cash
President Joe Biden pardoned all people convicted of cannabis possession under federal law and has directed states do the same. --- Monday Next week watch $HEXO
HEXO: Canada needs Evander-Hoooly-Makeroool-Field's LEFT EAR POT COOKIES!!!! And we need them RIGHT NOW!!!
https://mjbizdaily.com/hexos-deal-with-mike-tysons-cannabis-brand-gets-thumbs-down-from-quebec-alberta/
The OS kept me away, too bad, price is capped at .30785 based on Tilray owning a half billion shares converted at that price, when all those are converted they could do a R/S imo:
“(1) Includes 564,235,830 common shares issuable upon conversion of the outstanding principal and accrued interest of a senior secured convertible note due 2026 of HEXO Corp. dated July 12, 2022, based on the conversion price of $0.30785 per common share, which is the equivalent of CAD $0.40 (assuming a CAD: USD exchange rate of $0.7683, which was the daily exchange rate as of July 12, 2022, as reported by the Bank of Canada).
(2) Based on an aggregate of 1,165,630,670 common shares outstanding as of July 12, 2022, including (i) 514,676,347 common shares outstanding as of the close of business on July 11, 2022 (as certified by the issuer’s transfer agent and registrar); (ii) 30,618,494 common shares issued to the reporting person’s financial advisor on July 12, 2022 (as disclosed in the issuer’s supplement to the management information circular dated May 9, 2022, as filed with the Securities and Exchange Commission (the “SEC”) by the issuer on June 16, 2022); and (iii) 56,100,000 common shares issued to HT Investments MA LLC on July 12, 2022 (as disclosed in the material change report attached to the issuer’s Form 6-K filed with the SEC on July 20, 2022), and assuming issuance of an additional 564,235,830 common shares upon conversion of the HEXO Note (as defined herein).“
The pandemic saw a boom in legal recreational Cannabis sales across Canada. From March 2020 to February 2021, sales totaled $2.5 billion, double the $1.25 billion of the previous 12 months $HEXO
0.1745
-0.002 (-1.13%)
The pandemic saw a boom in legal recreational Cannabis sales across Canada. From March 2020 to February 2021, sales totaled $2.5 billion, double the $1.25 billion of the previous 12 months $HEXO
0.1691
-0.0011 (-0.65%)
Retail Cannabis Market Generated $11 Billion in Sales, More Than 90,000 Jobs.
https://norml.org/news/2022/02/17/canada-retail-cannabis-market-generates-11-billion-in-sales-more-than-90000-jobs/ $HEXO
0.1855
-0.0045 (-2.37%)
-0.0009 (-0.47%)
0.1902
The pandemic saw a boom in legal recreational Cannabis sales across Canada. From March 2020 to February 2021, sales totaled $2.5 billion, double the $1.25 billion of the previous 12 months $HEXO
Retail Cannabis Market Generated $11 Billion in Sales, More Than 90,000 Jobs.
https://norml.org/news/2022/02/17/canada-retail-cannabis-market-generates-11-billion-in-sales-more-than-90000-jobs/ $HEXO
Good information BB. To answer your question .. US politics is fucked but the good
News is it doesn't matter - the trend is your friend, no going back, this logic of up is in
The Zeitgeist...
The House approved it, so when will the US legalize marijuana? $HEXO
Nevada Judge Rules Cannabis Can No Longer Be Classified As A Schedule 1 Drug $HEXO
Cannabis Extract Market - The global cannabis extract market size is expected to be valued at USD $28.5 billion by 2027, according to a new report published by Grand View Research, Inc. $HEXO
The pandemic saw a boom in legal recreational cannabis sales across Canada. From March 2020 to February 2021, sales totaled $2.5 billion, double the $1.25 billion of the previous 12 months. $HEXO
The pandemic saw a boom in legal recreational cannabis sales across Canada. From March 2020 to February 2021, sales totaled $2.5 billion, double the $1.25 billion of the previous 12 months. $HEXO
“Before moving forward, legislation like SAFE Banking requires changes to ensure that the communities most harmed by our broken marijuana policies receive support and small cannabis businesses can have the same access to capital as large multi-state operators.” $HEXO
$HEXO Book value $.81 cents. Hexo has $14.22M in cash
0.1902
And what has the stock price done in that same time period?
Do you know what the PPS was for Hexo in 2018?
$HEXO The pandemic saw a boom in legal recreational cannabis sales across Canada. From March 2020 to February 2021, sales totaled $2.5 billion, double the $1.25 billion of the previous 12 months.
Everybody calm down..
https://www.thesun.co.uk/sport/11309670/mike-tyson-cannabis-empire-ranch-weed/
besides!...it has affiliation with Tlry, soon some day it is quite possible that Tlry might do something with Hexo!!!...
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