Hexo Stock News

Earlier this month, Aurora Cannabis (NASDAQ: ABC) reported its second-quarter financial results, revealing a 10% decline in total net revenue, which totaled slightly over $60 million, and a $75.1 mill

Earlier this month, Aurora Cannabis (NASDAQ: ABC ) reported its second-quarter financial results, revealing a 10% decline in total net revenue, which totaled slightly over $60 million, and a $75.1 million loss. The company’s CEO Miguel Martin touted a sequential improvement of $2.5 million in adjusted EBITDA, with the company remaining on a trajectory towards the profitability goal and a focus on further cost reductions . However, New Cannabis Ventures’ Alan Brochstein says that the most interesting part of the company’s recent earnings report was “its aggressive use of its at-the-market (ATM) facility subsequent to the end of the quarter.” Aurora sold 19.6 million shares at an average price of $4.58, raising $89.7 million to fuel its “aggressive” approach, disclosing that it has purchased another CA$13.4 million ($15.09 million ) of debt at a steep discount following the quarter-end. At the end of the second quarter, the company had more than CA$332 million unrestricted cash, but it also had CA$432 million of convertible debt, due in three years.

Welcome back to our weekly series,  Schaeffer's Cannabis Stock News Update , where we recap what happened in the world of marijuana stocks, and look at how the cannabis industry is evolving as we mak

National Vision (EYE) delivered earnings and revenue surprises of 750% and 4.43%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

HEXO Corp. (NASDAQ:HEXO) at last check was buoying at $0.55 on Friday, February 25, with a fall of -1.99% from its closing price on previous day. Taking a look at stock we notice that its last check on previous day was $0.56 and 5Y monthly beta was reading 1.97 with its price kept floating in … An Analysis Of HEXO Corp.’s (HEXO) Stock Behavior Read More »

Lantheus Holdings (LNTH) delivered earnings and revenue surprises of 47.06% and 14.81%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

This isn't a very good time for speculative investments.

GATINEAU, Quebec, Feb. 22, 2022 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the “Company") earlier today announced its refreshed Board of Directors (“Board”). The Compa

GATINEAU, Québec, 22 févr. 2022 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX : HEXO; NASDAQ : HEXO) (« HEXO » ou « Société ») a annoncé plus tôt aujourd’hui la composition de son conseil d�

Embattled Canadian cannabis producer Hexo is reforming its board of directors after signing an agreement with an activist shareholder displeased with the company''s performance. Cannabis firm Hexo to refresh board after deal with activist shareholder is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

The new board comprising seven directors will stand for election at Hexos shareholder meeting on March 8

Concern over 18% slide in stock year to date

GATINEAU, Québec, 22 févr. 2022 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX : HEXO; NASDAQ : HEXO) (« HEXO » ou la « Société ») a annoncé aujourd’hui qu’elle avait conclu, avec Adam Arvi

GATINEAU, Quebec, Feb. 22, 2022 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the “Company") today announced that it has entered into a transition agreement (the “Agreement

Legalization. It's not just for marijuana anymore.