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HEXO / Hexo Cuts 180 Jobs As Part Of "Path Forward" And $15M Cost Savings

Hexo Cuts 180 Jobs As Part Of
Hexo Corp HEXO, a leading producer of high-quality cannabis products, is cutting 180 jobs, as part of the Canadian company's cost-cutting plan, resulting in annual savings of approximately $15 million on an annualized basis. Half of these positions are related to the previously announced closure of its Stellarton facility. Read More
Posted: Feb 9 2022, 15:22
Author Name: Benzinga
Views: 111753

HEXO News  

As Tilray buys Hexo, former exec sees more consolidation ahead in Canadian cannabis

By Market Watch
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As Tilray buys Hexo, former exec sees more consolidation ahead in Canadian cannabis

Canada continues to face an oversupply of cannabis that has pushed down prices even as the cost of capital has increased, which will result in more co more_horizontal

HEXO Corp. (HEXO) Q3 2023 Earnings Call Transcript

By Seeking Alpha
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HEXO Corp. (HEXO) Q3 2023 Earnings Call Transcript

HEXO Corp. (NASDAQ:HEXO ) Q3 2023 Earnings Call Transcript June 15, 2023 10:00 AM ET Company Participants Charlie Bowman - President and Chief Executi more_horizontal

Tilray takeover target Hexo posts decline in third-quarter financials

By Proactive Investors
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Tilray takeover target Hexo posts decline in third-quarter financials

Hexo Corporation (NYSE:HEXO), the producer of high-quality cannabis products which has agreed to a takeover by Tilray Brands Inc (NASDAQ:TLRY), has re more_horizontal

HEXO (HEXO) Reports Q3 Loss, Lags Revenue Estimates

By Zacks Investment Research
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HEXO (HEXO) Reports Q3 Loss, Lags Revenue Estimates

HEXO (HEXO) came out with a quarterly loss of $0.70 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $1.40 p more_horizontal

HEXO to Host Third Quarter 2023 Earnings Conference Call

By Business Wire
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HEXO to Host Third Quarter 2023 Earnings Conference Call

GATINEAU, Québec--(BUSINESS WIRE)--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the “Company"), a leading producer of high-quality cannabis prod more_horizontal

Top Marijuana Stocks To Invest In 2023

By MarijuanaStocks
May 24, 2023

Top Marijuana Stocks To Invest In 2023

Marijuana stock investors are always looking for the best investment opportunity in the stock market. With the level of volatility, some days are easi more_horizontal

Is Tilray Stock a Buy or Sell? Here's My Call.

By InvestorPlace
April 12, 2023

Is Tilray Stock a Buy or Sell? Here's My Call.

So, it's settled: Canadian cannabis producer Tilray (NASDAQ: TLRY ) plans to acquire rival Hexo (NASDAQ: HEXO ). It's debatable, however, whether this more_horizontal

HEXO Stock Alert: Tilray to Acquire Hexo in $56 Million Deal

By InvestorPlace
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HEXO Stock Alert: Tilray to Acquire Hexo in $56 Million Deal

Tilray Brands (NASDAQ: TLRY ) announced it is acquiring rival cannabis company Hexo (NASDAQ: HEXO ) as the industry continues to consolidate. The anno more_horizontal


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