Investors tend to treat all cannabis stocks the same. That’s pretty common in an emerging market. However, this “one size fits all” mentality means one bad stock can spoil things for the bunch. Case ...
Cannabis stocks were in focus on Tuesday afternoon as Tilray Brands Inc (US:TLRY, CA:TLRY) announced its latest M&A transaction with rival Hexo Corp (US:HEXO, CA:HEXO) in its sights this time round.
Tilray Brands (NASDAQ:TLRY) announced it is acquiring rival cannabis company Hexo (NASDAQ:HEXO) as the industry continues to consolidate. The announcement was made in Tilray’s earnings release. The ...
In the latest trading session, HEXO (HEXO) closed at $0.16, marking a -0.25% move from the previous day. This change lagged the S&P 500's 0.75% gain on the day. Meanwhile, the Dow gained 0.55%, and ...
Hexo (NYSE:HEXO) stock has taken a beating and things don’t look much better going forward. Shares of the marijuana stock are down more than 50% from late April, with the Hexo stock price sliding from ...
HEXO has seen a massive rally this year following the stock price collapsing in December during a reverse split. The Canadian cannabis company has cut the adjusted EBITDA losses, but the company faces ...
Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the last two years. But there is no question some big-name stocks performed better ...
Year-to-date, Hexo HEXO shares lost 77.15%, compared to AdvisorShares Pure Cannabis ETF YOLO which went down 61.12%, and AdvisorShares Pure US Cannabis ETF MSOS, which dropped 53.70%. At the beginning ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. After markets closed, both Hexo and Tilray confirmed the ...