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Earlier this week, Tilray Brands, Inc. (Nasdaq: TLRY) (TSX: TLRY) completed the acquisition of a secured convertible note which was previously issued by HEXO Corporation (Nasdaq: HEXO) (TSX: HEXO) and we consider this to be a significant development for both operators.  The investment is part of a strategic alliance with…

HEXO Corporation (TSX: HEXO) (Nasdaq: HEXO) is once again the subject of an activist shareholder complaint and we are not surprised by the development due to the business being a major underperformer. The shareholder Adam Arviv plans to nominate five new independent directors through his fund KAOS Capital Ltd., which…

In late 2020, HEXO Corporation (TSX: HEXO) (Nasdaq: HEXO) received approval from shareholders to conduct a reverse stock split in order to comply with regulations to continue to trade on the New York Stock Exchange (NYSE). After the split, the Canadian LP voluntarily delisted from the NYSE and started to…

HEXO Corp (TSX: HEXO; NASDAQ: HEXO), a leading producer of high-quality cannabis products, today announced the appointment of John K. Bell as Chair of the Board of Directors, effective December 14, 2021. “A key priority for the Company is to enhance its corporate governance and John brings a tremendous amount…

HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NYSE: HEXO) announced today it has applied to transfer its U.S. stock exchange listing from the New York Stock Exchange to the Nasdaq. While this transfer remains subject to the approval of the Nasdaq, the Company expects the transfer to occur effective…

From Canadian Licensed Producers (LPs) to cannabinoid focused biotech companies, the legal cannabis industry has recorded impressive advancements so far this year.  Although several United States (US) multi-state operators and Canadian LPs are valued at more than $1 billion (from a market capitalization standpoint), we believe the industry is still…

Earnings season is kicking into high-gear and leading cannabis companies are getting ready to report quarterly financial results.  Starting with Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) and Cronos Group Inc. (TSX: CRON) (Nasdaq: CRON) on August 6th, we expect the cannabis sector to become a major topic of discussion…

Last year, Israel overtook Germany as the largest importer of medical cannabis, and this is a market that we are bullish on. One of the reasons we are excited about the Israeli cannabis market is related to the economics that are associated with the cultivation process. In Israel, the cost…

HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NYSE: HEXO) announces closing of the previously disclosed transaction to purchase its first US production facility through a wholly owned US subsidiary. The ~50,000 sq. ft. facility in Fort Collins, Colorado will provide US CPG companies and consumers access to the Powered…

Yesterday, HEXO Corp. (HEXO.TO) (HEXO) published third quarter financial results and we were less than impressed with the numbers that were reported. So far this year, the Canadian Licensed Producer (LP) has announced several bolt-on acquisitions of smaller scale companies that are levered to attractive verticals of the cannabis value…