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LEAMINGTON, Ontario, June 22, 2023 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (“Tilray Brands”, “Tilray” or the “Company”) (Nasdaq | TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, today announced the completion of its previously announced acquisition of HEXO Corp. (“HEXO”), (Nasdaq | TSX: HEXO) by way of…

GATINEAU, Québec, June 14, 2023--(BUSINESS WIRE)--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the "Company"), a leading producer of high-quality cannabis products, today reported its financial results for the third quarter of the 2023 fiscal year ("Q3’23"). All currency amounts are stated in Canadian dollars unless otherwise noted. "In the…

GATINEAU, Québec, June 12, 2023--(BUSINESS WIRE)--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the "Company"), a leading producer of high-quality cannabis products, announced today that it will hold an audio-only conference call on Thursday, June 15, 2023, at 10 a.m. EDT, to review its financial results for the third fiscal…

GATINEAU, Québec--(BUSINESS WIRE)--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“HEXO” or the “Company”) announced today that it has closed the first of two tranches of a non-brokered private placement (the “Private Placement”) consisting of the issuance of newly created Series 1 Preferred Shares (the “Preferred Shares”) to a single institutional investor.…

GATINEAU, Québec, May 16, 2023--(BUSINESS WIRE)--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the "Company") announced today the mailing of the management information circular (the "Circular") for the special meeting (the "Meeting") of the common shareholders of the Company (the "Shareholders"), to be held virtually on June 14, 2023 at…

GATINEAU, Québec, April 10, 2023--(BUSINESS WIRE)--HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the "Company") announces that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") with Tilray Brands, Inc. ("Tilray") for a transaction whereby Tilray will acquire all of the issued and outstanding common shares of the…

LEAMINGTON, Ontario and NEW YORK, April 10, 2023 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), please note that the first table, the Consolidated Statement of Financial Positions was missing the entry for “Contingent consideration” under “Long-term…

During the last year, the cannabis sector has been beaten down and many high-profile operators are trading at 52-week lows.= Although the negative trend has been a constant theme since early 2022, the size of the declines has exceeded our expectations. While we don’t plan to try and catch a…

During the last month, several cannabis stocks have reported quarterly financial results and these announcements have been significant. Several companies we cover have reported much lower revenue than they did in the same period last year and we consider this to be a bearish indicator. Today, we have covered three…

Although sales of recreational cannabis in Canada have been increasing, business conditions for licensed retailers have not improved. Due to the challenging nature of the Canadian cannabis retail market, several retailers have merged or been acquired by other operators. We believe a primary reason for the uptick in merger and…