#HEXO Corp

[propertiidaman]

Retail Cannabis Sales Fuel 506% Revenue Growth for HEXO Corp. in Q1

When we get out of the glass bottle of our ego and when we escape like the squirrels in the cage of our personality and get into the forest again, we shall shiver with cold and fright. But things will happen to us so that we don’t know ourselves. Wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart. I am alone, and feel…

[divyabodhwani23]

Accelerating Advancement: Navigating the Landscape of the Legal Marijuana Market from 2022 to 2030

The Legal Marijuana Market has experienced exponential growth in recent years, driven by changing attitudes towards cannabis, evolving regulatory landscapes, and increasing acceptance of its medicinal and recreational use. As more countries and states legalize or decriminalize cannabis for medical and/or recreational purposes, the market for legal marijuana continues to expand, presenting lucrative opportunities for businesses, investors, and consumers alike.

𝐆𝐞𝐭 𝐟𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞: https://www.marketdigits.com/legal-marijuana-market

The Legal Marijuana Market is valued at USD 26.65 billion in 2022 and is projected to reach USD 157 billion by 2030, with a Compound Annual Growth Rate (CAGR) of 28.8% during the forecast period spanning 2024-2032.

One of the key drivers behind the growth of the Legal Marijuana Market is the increasing recognition of the medicinal properties of cannabis. Research into the therapeutic benefits of cannabinoids, the active compounds found in cannabis, has led to the development of medical marijuana products for various health conditions, including chronic pain, epilepsy, multiple sclerosis, and cancer-related symptoms. Patients seeking alternative treatments are turning to medical cannabis as a viable option, driving demand and fueling market growth.

Moreover, the legalization of recreational marijuana in several jurisdictions has opened up new avenues for market expansion. Adult-use cannabis markets attract a broader consumer base, including recreational users seeking relaxation, social enjoyment, and mood enhancement. The normalization of cannabis consumption in society has led to increased demand for a wide range of recreational cannabis products, such as dried flower, edibles, concentrates, and infused beverages.

Major vendors in the global Legal Marijuana market are Canopy Growth Corporation, Aphria, Inc., Aurora marijuana Inc., Maricann Group, Inc., Tilray, Inc., Cronos Group Inc., OrganiGram Holding Inc., VIVO marijuana Inc., Tikun Olam Ltd., The Green Organic Dutchman Holdings Ltd., Terra Tech Corp., Medical Cannabis, Inc., Stenocare A/S, Cannabis Science, Inc., and HEXO Corp. and others.

In addition to shifting attitudes towards cannabis, regulatory changes have played a significant role in shaping the Legal Marijuana Market. Governments around the world are reevaluating their cannabis policies, with many opting to legalize or regulate cannabis for medical and/or recreational use. These regulatory shifts create a conducive environment for legal marijuana businesses to operate, fostering investment, innovation, and market growth.

Furthermore, the emergence of a legal marijuana industry has led to the professionalization and commercialization of cannabis cultivation, processing, distribution, and retailing. Licensed producers, dispensaries, and retailers are subject to stringent regulations, quality standards, and compliance requirements, ensuring consumer safety and product consistency. As the legal cannabis market matures, industry players are investing in state-of-the-art facilities, technologies, and best practices to meet growing demand and maintain competitiveness.

Despite its rapid growth and potential, the Legal Marijuana Market faces various challenges and uncertainties. One of the primary concerns is the lack of federal legalization in key markets such as the United States. While many states have legalized cannabis for medical and/or recreational use, cannabis remains illegal at the federal level, creating legal and regulatory complexities for businesses operating in the industry. Federal prohibition also limits access to banking services, capital markets, and interstate commerce, hindering market growth and investment.

Moreover, stigma, misconceptions, and public health concerns surrounding cannabis continue to pose challenges for the legal marijuana industry. Critics argue that cannabis legalization may lead to increased youth consumption, impaired driving, and public safety risks. Addressing these concerns requires robust education, public awareness campaigns, and evidence-based policies to promote responsible cannabis use and harm reduction.

In conclusion, the Legal Marijuana Market represents a dynamic and rapidly evolving industry with significant growth potential. Changing attitudes, regulatory reforms, and market forces are driving expansion and investment in the legal cannabis sector. As legalization spreads globally and public acceptance grows, the legal marijuana market is poised for continued growth, innovation, and market diversification. However, navigating regulatory hurdles, addressing public health concerns, and overcoming stigma are essential for unlocking the full potential of the legal marijuana industry and ensuring its long-term success.

[marketinsight1234]

Legal Cannabis Market Size-Share, Growth Factors, Forecast 2023-2030

Global Legal Cannabis Market is expected to grow at a significant growth rate, and the forecast period is 2023-2030, considering the base year as 2022.

The Legal Cannabis Market has experienced unprecedented growth in recent years, driven by changing societal attitudes towards cannabis, increasing legalization efforts, and the recognition of its potential economic benefits. As more regions around the world embrace cannabis for medical and recreational use, the market has evolved into a dynamic and multifaceted industry. The market encompasses a wide range of products, including cannabis flower, edibles, concentrates, and pharmaceuticals, creating a diverse landscape with numerous opportunities for both established players and new entrants.

Leading Key Players Covered Legal Cannabis Market: -

Canopy Growth Corporation (Canada), Aphria Inc. (Canada), VIVO marijuana Inc. (Canada), OrganiGram Holding Inc. (Canada), Aurora marijuana Inc. (Canada), The Green Organic Dutchman (Canada), Atlas Growers (Canada), Maricann Group, Inc. (Canada), Tilray Inc. (Canada), Terra Tech Corp. (US), Stenocare A/S (Denmark), HEXO Corp. (Canada), Medical Cannabis Inc. (US), AlephSana GmbH (Germany), Tikun Olam Ltd. (Israel), Cannabis Science Inc. (US) and Other Major Players

Request Sample Copy@:

https://introspectivemarketresearch.com/request/16570

Market Driver:

One significant market driver propelling the Legal Cannabis Market is the growing acceptance of cannabis for medicinal purposes. Increasing awareness of the therapeutic properties of cannabis, along with a shift in regulatory frameworks favoring medical cannabis use, has fueled demand. The expanding list of medical conditions where cannabis is prescribed, such as chronic pain, epilepsy, and anxiety, is driving the market's growth. As more scientific research validates the medical efficacy of cannabis, it not only enhances consumer confidence but also attracts investments and stimulates innovation in product development.

Market Opportunity:

A key market opportunity lies in the emerging trend of cannabis-infused products and beverages. The shift towards alternative consumption methods, such as edibles and beverages, presents a vast opportunity for market players. As consumers seek discreet and convenient ways to incorporate cannabis into their lifestyles, the market for infused products is expected to witness significant growth. This includes a wide range of offerings, from cannabis-infused snacks and beverages to more sophisticated formulations catering to specific health and wellness needs. Companies that can successfully navigate this segment stand to capitalize on the evolving preferences of consumers.

Segmentation of Legal Cannabis Market: -

By Type          

By Product Type       

By Sales Channel       

By Application          

By End-User   

By Region      

If You Have Any Queries Regarding Legal Cannabis Market, Please Visit:

https://introspectivemarketresearch.com/inquiry/16570

Owning our reports (For More, Buy Our Report) will help you solve the following issues:

1. Uncertainty about the future?

Our research and insights help our clients to foresee upcoming revenue pockets and growth areas. This helps our clients to invest or divest their resources.

2. Understanding market sentiments?

It is imperative to have a fair understanding of market sentiments for a strategy. Our insights furnish you with a hawk-eye view on market sentiment. We keep this observation by engaging with Key Opinion Leaders of a value chain of each industry we track.

3. Understanding the most reliable investment centers?

Our research ranks investment centers of the market by considering their returns, future demands, and profit margins. Our clients can focus on the most prominent investment centers by procuring our market research.

4. Evaluating potential business partners?

Our research and insights help our clients in identifying compatible business partners.

Acquire This Report: -

https://introspectivemarketresearch.com/inquiry/16570

About us:

Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to helping our clients grow and successfully impact the marketplace. Our team at IMR is ready to help our clients grow their businesses by offering strategies to achieve success and monopoly in their respective fields. We are a global market research company, specializing in the use of big data and advanced analytics to gain a broader picture of market trends. We help our customers to think differently and build a better tomorrow for all of us. As a technology-driven research company, we consider extremely large data sets to uncover deeper insights and provide conclusive consulting. We don't just provide intelligence solutions, we help our clients achieve their goals.

Contact us:

Introspective Market Research

3001 S King Drive,

Chicago, Illinois

60616 USA

Ph no: +1-773-382-1049

Email: sales@introspectivemarketresearch.com

[indoorverticalfarmingnews]

Village Farms' Subsidiary, Rose LifeScience, Partners with HEXO

Village Farms International, Inc. (NASDAQ: VFF) announced that its subsidiary, Rose LifeScience Inc., a Quebec-based cannabis producer, distributor, and marketer, is set to incorporate HEXO Corp.’s Quebec portfolio into its leading commercialization and distribution services business. This collaboration aims to leverage ROSE’s commercialization and distribution expertise to facilitate HEXO’s…

[alphst]

HEXO Corp (HEXO) Q2 2023 Earnings Call Transcript

$HEXO Q2 2023 Earnings Call Transcript #earnings #markets #investing

HEXO Corp (NYSE: HEXO) Q2 2023 earnings call dated Mar. 17, 2023 Corporate Participants: Charlie Bowman — President and Chief Executive Officer Julius Ivancsits — Chief Financial Officer Analysts: Matt Bottomley — Canaccord Genuity — Analyst Frederico Gomes — ATB Capital Markets — Analyst Aaron Grey — Alliance Global Partners — Analyst Presentation: Operator Good morning. I’d like to welcome…

[cavenewstimes]

Cannabis ‘price war’ could cause ‘significant’ damage to industry: HEXO CEO

GATINEAU, Que. – Hexo Corp.’s chief executive says he’s seen a “price war” take shape over the last five months that could cause “significant” damage to Canada’s cannabis industry. Charlie [……Read More

[ameymeti2001]

Legal Marijuana Market Worth $75.6 Billion By 2025

According to this latest publication from Meticulous Research®, the global legal marijuana market is expected to grow at a CAGR of 28.3% from 2019 to 2025 to reach $75.6 billion by 2025. The global legal marijuana market is majorly driven by increasing legalization of marijuana across the globe, growing medicinal application of marijuana, rising geriatric population who need treatment for chronic diseases, and growing awareness about the application of marijuana. In addition, huge untapped market provides significant opportunity for the growth of the legal marijuana market. However, the high cost associated with legal marijuana and strict regulations against usage of marijuana obstructs the growth of this market to some extent.

Key Market Segments to Watch

This study provides assessment of the global legal marijuana market on the basis of product type (buds / marijuana flower and marijuana extracts), marijuana extracts (oil, tinctures, and others), species (cannabis indica, cannabis sativa, and cannabis hybrid), strains (THC-dominant, CBD-dominant, and balanced THC and CBD), purchase channel (online and offline), application (medical, recreational, and cosmetics and others), medical application (chronic pain, mental disorders, cancer, and others), and end-use industries (pharmaceutical; food, beverages, and tobacco; personal care; and research and development centers). The study also evaluates industry competitors and analyses the market at country level.

Based on product type, the global legal marijuana market is segmented into buds/ marijuana flower and marijuana extracts. Buds / marijuana flower held the largest market share of the global legal marijuana market in 2018. The large share of this segment is mainly attributed to the presence of large number of tobacco smokers.

Based on strains, the CBD-dominant strains are expected to witness a rapid growth during the forecast period. The rapid growth of market is attributed to the fact that CBD has a broader therapeutic index compared to THC; and it is believed to help with appetite stimulation, bone-growth stimulation, immunosuppression, and neuroprotection.

Based on application, legal marijuana market is segmented into three major segments namely, medical, recreational, and cosmetics and others. Medical segment accounted for the largest share of the global legal marijuana market in 2018. However, recreational application segment is expected to witness a rapid growth during the forecast period. The rapid growth of this market is primarily attributed growth in the number of consumers after legalization and growing trend of consuming marijuana as a substitution to alcohol. 

This research report analyzes major geographies and provides comprehensive analysis of North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. The North America accounted for the largest share of the North America legal marijuana market in 2018. The region is also expected to witness the fastest growth during the forecast period. The major share of this region is mainly attributed to changing people's attitude toward marijuana use, large base of marijuana consumers, presence of key players in the region, rising acceptance for both medical and recreational purposes, and increasing investment from leading players.

𝑺𝒑𝒆𝒂𝒌 𝒕𝒐 𝑨𝒏𝒂𝒍𝒚𝒔𝒕:

Key Players

The key players profiled in the global legal marijuana market report are Canopy Growth Corporation (Canada), Aphria, Inc. (Canada), Aurora Cannabis Inc. (Canada), Maricann Group, Inc. (Canada), Tilray, Inc. (Canada), Cronos Group Inc. (Canada), OrganiGram Holding Inc. (Canada), VIVO Cannabis Inc. (Canada), Tikun Olam Ltd. (Israel), The Green Organic Dutchman Holdings Ltd. (Canada), Terra Tech Corp. (U.S.), Medical Cannabis, Inc. (U.S.), Stenocare A/S (Denmark), Cannabis Science, Inc. (U.S.), and HEXO Corp. (Canada).

Scope of the report

Legal Marijuana Market, by Product Type

Buds / marijuana Flower

Cannabis Extracts

Oil

Tinctures

Others

Legal Marijuana Market, by Species

Cannabis Indica

Cannabis Sativa

Cannabis Hybrid

Legal Marijuana Market, by Strain

THC-dominant

CBD-dominant

Balanced THC and CBD

Legal Marijuana Market, by Purchase Channel

Online

Offline

Legal Marijuana Market, by Application

Medical

Chronic Pain

Mental Disorders

Cancer

Others

Recreational

Cosmetics & Others

Legal Marijuana Market, by End-User

Pharmaceutical

Food, Beverages, and Tobacco

Personal Care

Research and Development Centres

Legal Marijuana Market, by Geography

North America

U.S.

Canada

Europe

Germany

U.K.

France

Italy

The Netherlands

Rest of Europe

Asia-Pacific

Australia

South Korea

Rest of Asia-Pacific

Latin America

Argentina

Colombia

Uruguay

Rest of Latin America

Middle East and Africa

South Africa

Israel

𝑫𝒐𝒘𝒏𝒍𝒐𝒂𝒅 𝑺𝒂𝒎𝒑𝒍𝒆 𝑹𝒆𝒑𝒐𝒓𝒕 @https://www.meticulousresearch.com/download-sample-report/cp_id=5022?utm_source=sb&utm_medium=Social&utm_campaign=Product&utm_content=13-12-2022

[hotspottimes]

Cannabis Canada Weekly: August sales up 5.2% to $356M, Hexo ... - BNN Bloomberg

Cannabis Canada Weekly: August sales up 5.2% to $356M, Hexo … – BNN Bloomberg

Are you looking for a stock?Try one of theseAre you looking for a stock?Try one of theseMoreMore Oct 22, 2021 By David George-Cosh A worker walks past rows of cannabis plants growing in a greenhouse at the Hexo Corp. facility in Gatineau, Quebec, Canada, on Thursday, Oct. 11, 2018. Photographer: Chris Roussakis/Bloomberg ReporterFollow|ArchiveWith cannabis sales hitting new monthly highs,…

[hemp-pot]

Hemp Biomass Decarboxylation Service Market Size & Analysis By 2022 -2029 – Radient Inc, HEXO Corp, Medisenol, Vantage Hemp, MedPharm Lowa, VT Hemp, The Valens Company, Greenery, Scientus Pharma Inc, Canna Farms – ChattTenn Sports - ChattTenn Sports

Hemp Biomass Decarboxylation Service Market Size & Analysis By 2022 -2029 – Radient Inc, HEXO Corp, Medisenol, Vantage Hemp, MedPharm Lowa, VT Hemp, The Valens Company, Greenery, Scientus Pharma Inc, Canna Farms – ChattTenn Sports  ChattTenn Sports source https://chatttennsports.com/373373/uncategorized/hemp-biomass-decarboxylation-service-market-size-analysis-by-2022-2029-radient-inc-hexo-corp-medisenol-vantage-hemp-medpharm-lowa-vt-hemp-the-valens-company-greenery-scientus-pharma-i-3/

[weeddelivery3]

Hashish Delivery Services Will be Becoming

According in order to a newly released report by simply ArcView Market Exploration and BDS Stats, the global certified dispensary sales of cannabis will get to $40. 6 billion by 2024, enrolling a CAGR involving 24. 5%. The US will account regarding about $30 million or 73% of the global marijuana dispensing market within 2024. It is additionally expected that by 2024 the retail dispensing sales of legal recreational cannabis can reach $26. several billion whereas the particular revenue generated through the sales associated with medical cannabis may reach $13. nine billion? but the most, according to an article throughout High There states that the shipping and delivery sub-market will be the highest, most effective growing stream available in the market. They said: "The cannabis industry goes on to skyrocket as it's Weed Delivery  legalized around the country in addition to other elements of typically the world. As the particular industry surges forward, new laws aid change how cannabis businesses provide with regard to their customers. Marijuana delivery, for instance, is heating upward across California regarding the canna-businesses that took the up coming big step early on and also a distribution license? After Los angeles legalized statewide hashish delivery, it removed the previous regulations that will prevented the lawful access to cannabis shipping and delivery through the state. inches Active Cannabis businesses within the markets this particular week include NxGen Brands Inc. (OTCPK: NXGB), Sundial Stating Inc. (NASDAQ: SNDL), HEXO Corp (NYSE: HEXO) (TSX: HEXO), Canopy Growth Organization (NASDAQ: CGC) (TSX: WEED), KushCo Coopération, Inc. (OTCQX: KSHB). The High There article continued: "States that have already legalized cannabis, like California, are discovering a spike inside business thanks in order to the overwhelming convenience of cannabis distribution? being the next wave in marijuana commerce. What many are considering the up coming trend for hashish business, delivery solutions can help rise revenue for the retailers that bounce in for taking edge. The cannabis market is already the recording (all-time highs) and (continues) rising... A particularly forceful area of this business is nearly exclusively the particular new cannabis shipping sector. In fact , (in 2016), based on business reports, 44% regarding medical marijuana users across the You. S. regularly used a cannabis delivery service to buy their bud. With legalization only having ramped up since then, it's very likely the numbers possess only continued in order to increase, making the particular market ripe intended for cannabis delivery. " NxGen Brands Inc. (OTCPK: NXGB) BREAKING NEWS: NxGen Brand names, Inc. Acquires Exclusive License To Use & Market Various High Demand Technologies - NxGen Companies announced this 7 days which it has bought an exclusive worldwide license for various traffic monitoring and observation technologies and their related products and services. The Company can utilize these types of technologies to further more augment their freshly announced digital supply chain & blockchain cannabis dispensary shipping services market application. Additionally, it utilizes these types of ready-to-market solutions as independent apps and services, bringing extra potential revenues to be able to the Company

[ihallandeinvesteringar]

HEXO Corp köper upp Newstrike

#aktier #cannabisaktier #investeringar #aktiemarknaden #nyheter Ja du läste rätt, HEXO Corp köper upp konkurrenten Newstrike Brands. Newstrikes kurs har haltat länge sedan den gick upp väldigt mycket då den var med i härvan med Aurora Cannabis och CanniMed. Ett intressant förvärv av HEXO Corp.

Ja du läste rätt, HEXO Corp köper upp konkurrenten Newstrike Brands. Newstrikes kurs har haltat länge sedan den gick upp väldigt mycket då den var med i härvan med Aurora Cannabis och CanniMed. Ett intressant förvärv av HEXO Corp.

Så i och med att HEXO Corp köper upp Newstrike Brands så blir det nu en konkurrent mindre på marknaden. Samtidigt så får man tillgång till mer odlingsyta att producera…

[marketinsight1234]

Legal Cannabis Market Size-Share, Growth Factors, Forecast 2023-2030

Global Legal Cannabis Market is expected to grow at a significant growth rate, and the forecast period is 2023-2030, considering the base year as 2022.

The Legal Cannabis Market has experienced unprecedented growth in recent years, driven by changing societal attitudes towards cannabis, increasing legalization efforts, and the recognition of its potential economic benefits. As more regions around the world embrace cannabis for medical and recreational use, the market has evolved into a dynamic and multifaceted industry. The market encompasses a wide range of products, including cannabis flower, edibles, concentrates, and pharmaceuticals, creating a diverse landscape with numerous opportunities for both established players and new entrants.

Leading Key Players Covered Legal Cannabis Market: -

Canopy Growth Corporation (Canada), Aphria Inc. (Canada), VIVO marijuana Inc. (Canada), OrganiGram Holding Inc. (Canada), Aurora marijuana Inc. (Canada), The Green Organic Dutchman (Canada), Atlas Growers (Canada), Maricann Group, Inc. (Canada), Tilray Inc. (Canada), Terra Tech Corp. (US), Stenocare A/S (Denmark), HEXO Corp. (Canada), Medical Cannabis Inc. (US), AlephSana GmbH (Germany), Tikun Olam Ltd. (Israel), Cannabis Science Inc. (US) and Other Major Players

Request Sample Copy@:

https://introspectivemarketresearch.com/request/16570

Market Driver:

One significant market driver propelling the Legal Cannabis Market is the growing acceptance of cannabis for medicinal purposes. Increasing awareness of the therapeutic properties of cannabis, along with a shift in regulatory frameworks favoring medical cannabis use, has fueled demand. The expanding list of medical conditions where cannabis is prescribed, such as chronic pain, epilepsy, and anxiety, is driving the market's growth. As more scientific research validates the medical efficacy of cannabis, it not only enhances consumer confidence but also attracts investments and stimulates innovation in product development.

Market Opportunity:

A key market opportunity lies in the emerging trend of cannabis-infused products and beverages. The shift towards alternative consumption methods, such as edibles and beverages, presents a vast opportunity for market players. As consumers seek discreet and convenient ways to incorporate cannabis into their lifestyles, the market for infused products is expected to witness significant growth. This includes a wide range of offerings, from cannabis-infused snacks and beverages to more sophisticated formulations catering to specific health and wellness needs. Companies that can successfully navigate this segment stand to capitalize on the evolving preferences of consumers.

Segmentation of Legal Cannabis Market: -

By Type          

By Product Type       

By Sales Channel       

By Application          

By End-User   

By Region      

If You Have Any Queries Regarding Legal Cannabis Market, Please Visit:

https://introspectivemarketresearch.com/inquiry/16570

Owning our reports (For More, Buy Our Report) will help you solve the following issues:

1. Uncertainty about the future?

Our research and insights help our clients to foresee upcoming revenue pockets and growth areas. This helps our clients to invest or divest their resources.

2. Understanding market sentiments?

It is imperative to have a fair understanding of market sentiments for a strategy. Our insights furnish you with a hawk-eye view on market sentiment. We keep this observation by engaging with Key Opinion Leaders of a value chain of each industry we track.

3. Understanding the most reliable investment centers?

Our research ranks investment centers of the market by considering their returns, future demands, and profit margins. Our clients can focus on the most prominent investment centers by procuring our market research.

4. Evaluating potential business partners?

Our research and insights help our clients in identifying compatible business partners.

Acquire This Report: -

https://introspectivemarketresearch.com/inquiry/16570

About us:

Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to helping our clients grow and successfully impact the marketplace. Our team at IMR is ready to help our clients grow their businesses by offering strategies to achieve success and monopoly in their respective fields. We are a global market research company, specializing in the use of big data and advanced analytics to gain a broader picture of market trends. We help our customers to think differently and build a better tomorrow for all of us. As a technology-driven research company, we consider extremely large data sets to uncover deeper insights and provide conclusive consulting. We don't just provide intelligence solutions, we help our clients achieve their goals.

Contact us:

Introspective Market Research

3001 S King Drive,

Chicago, Illinois

60616 USA

Ph no: +1-773-382-1049

Email: sales@introspectivemarketresearch.com

[cannabisstocks]

This Company is Meeting Cannabis Demand in Canada

The company surprises by rising to meet higher than expected retailer demands for cannabis.

HEXO Corp. (TSX: HEXO.TO), a Canadian cannabis producer with supply agreements with Société québécoise du cannabis (SQDC), Ontario Cannabis Society and British Columbia, announced this morning they delivered on all orders and replenished stock across Canada last week legalization. Although demand was higher than expected, the company says it rose to the occasion.

Source: The Blunt Investor - This Company is Meeting Cannabis Demand in Canada

[alphst]

Earnings: A Snapshot of Hexo's Q2 2023 financial results

Earnings: A Snapshot of #Hexo's Q2 2023 financial results

Cannabis producer HEXO Corp. (NASDAQ: HEXO) has reported a narrower net loss for the second quarter of 2023, on an adjusted basis, amid a sharp fall in operating expenses. The Canada-based company’s revenues declined sharply during the three-month period. Comprehensive loss narrowed sharply to C$11.1 million in the January quarter from C$690.3 million in the corresponding period of fiscal…

[thecryptoreport]

These 3 Marijuana Stocks Are Flailing Strong Buy Signals

These 3 Marijuana Stocks Are Flailing Strong Buy Signals

Organigram Holdings Inc. (OGI), HEXO Corp. (HEXO), and Charlotte’s Web Holdings (CWBHF) are marijuana stocks that are showing bullish signals. | Source: Shutterstock

There are some who would claim that the boom in the marijuana industry is over. There’s no more money to be made because most of the fundamentally sound companies have meteorically risen and there’s very little room left…