Penny's BreakOuts

[Callme RICK]

HEXO [HEXO] - Last Close $1.12

Pot investors might remember HEXO from its epic collapse, but this beaten-down weed stock has quietly made a comeback during the recent pot stock rally.

HEXO is leading the pot stocks higher today in anticipation of a decriminalization vote in the U.S. House of Representatives and the United Nations. Decriminalization is widely-regarded as the first step towards full legalization.

The House will vote on the bill Wednesday, although the Senate has signaled that it won't take action on the bill. Later in the week, the U.N. Commission on Narcotic Drugs will vote on whether to remove cannabis from its list of narcotic drugs.

HEXO jumped 29.4% yesterday about broke through the $1 milestone in anticipation of the vote, and the rally is continuing through the after-hours session. HEXO is currently up 19.6% on active trading volume.