HEXO Corp. (HEXO) News

HEXO Corp. (HEXO): $0.23

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HEXO News Highlights

  • For HEXO, its 30 day story count is now at 15.
  • Over the past 27 days, the trend for HEXO's stories per day has been choppy and unclear. It has oscillated between 1 and 5.
  • BASE, AR and BC are the most mentioned tickers in articles about HEXO.

Latest HEXO News From Around the Web

Below are the latest news stories about HEXO Corp that investors may wish to consider to help them evaluate HEXO as an investment opportunity.

HEXO thanks departing directors for their service to the Company

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 Company would like to extend heartfelt thanks to John Bell, Adam Miron, Emilio Imbriglio, and Vincent Quan for their loyal service to HEXO. The Company has issued the following statement: “The Company would like to thank HEXO’s outgoing Board of Directors for stewarding the organization through this transitional

Yahoo | February 22, 2022

HEXO Announces Refreshed Board of Directors; Reaches Agreement with Adam Arviv

Arviv to nominate candidates Mark Attanasio and Rob GodfreyHEXO to reduce size of board to seven members, with Arviv retaining right to nominate eighth member following the Company's upcoming shareholder meeting 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”) with Adam Arviv and his fund, Kaos Capital, to refresh the Company’s board of directors (th

Yahoo | February 22, 2022

Cannabis producer Hexo pitches new stock consolidation to save Nasdaq listing

Canadian cannabis producer Hexo is asking shareholders to greenlight a reverse stock split to boost shares and regain Nasdaq compliance.

Marijuana Business Daily | February 14, 2022

The Week In Cannabis: Schumer''s Bill, The Super Bowl, Leafly, Canopy Growth, Tilray, Hexo, Sundial And More

Below is a recap of the main news related to the cannabis industry and markets for the week of February 7, 2022. Contents Schumer Urges Senators To Help Finalize Marijuana Legalization Bill No Weed At The Super Bowl Canopy Growth’s Quarterly Results And Analyst Reactions Leafly’s Nasdaq Debut Hexo Cuts 180 Jobs Increased THC Percentage In Hemp Products Sought Under New Congressional Bill Markets M&A Financings Earnings Reports Tilray Consolidates Its Portfolio Sundial Growers Granted 180-Day Extension By NASDAQ Top Stories Of The Week Schumer Urges Senators To Help Finalize Marijuana Legalization Bill Senate Majority Leader Charles Schumer (D-N.Y.), Finance Committee Chairman Ron Wyden (D-Ore.) and Sen. Cory Booker (D-N.J.) asked senators to help them complete the marijuana legalization...

Benzinga | February 11, 2022

Cannabis producer Hexo cuts 180 jobs in bid to save cash

Struggling cannabis producer Hexo Corp. is cutting 180 jobs as part of its bid to reduce corporate spending by approximately one-third through the end of next year. Cannabis producer Hexo cuts 180 jobs in bid to save cash is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Marijuana Business Daily | February 9, 2022

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

Hexo Corp (NASDAQ: 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 . The remaining reductions are related to reducing back-office positions where there is significant overlap as a result of recent … Full story available on Benzinga.com

Benzinga | February 9, 2022

Cannabis company Hexo to cut 180 jobs

Hexo Corp. said Wednesday it is cutting 180 jobs, as part of the Canada-based cannabis company''s cost-cutting plan. The layoffs represent about 14% of the company''s workforce, which was about 1,277, according to the latest FactSet data. Half of the layoffs are result of the previously announced closure of its Stellarton facility, and the rest are related to the reduction of back-office positions. Hexo said the cuts will lead to annual savings of about C$15 million ($11.8 million). "Today''s announcement was not an easy one to make. We are working with all impacted employees to the best of our ability to ensure that they are treated fairly and provided the support necessary to assist with this transition," said Chief Executive Scott Cooper. The U.S.-listed stock rose 6.8% in afternoon ...

MarketWatch | February 9, 2022

HEXO announces $15M in annual cost savings, targets 30% SG&A expenses reduction by FY23

HEXO (HEXO) had announced in mid-January that it would reduce SG&A expenses by 30% by FY23 end; under the same initiative, the company announced the reduction of 180 positions, resulting…

Seeking Alpha | February 9, 2022

HEXO Provides Update on "The Path Forward"; Identifies $15 Million in Cost Savings

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 11, 2021 to its short form base shelf prospectus dated May 7, 2021 and amended and restated on May 25, 2021. GATINEAU, Quebec, Feb. 09, 2022 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the “Company"), a leading producer of high-quality cannabis products, today provided an update on its previously announced strategic plan, "The Path Forward", designed

Yahoo | February 9, 2022

Why Hexo Is Rising 7% Today

The clock has begun ticking down on this pot stock.

The Motley Fool | February 7, 2022

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