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HEXO Corp. (HEXO.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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7.80-0.67 (-7.91%)
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Chart Events
Neutralpattern detected
Previous Close8.47
Open8.31
Bid7.80 x 0
Ask7.84 x 0
Day's Range7.70 - 8.42
52 Week Range2.00 - 9.94
Volume2,141,656
Avg. Volume1,770,969
Market Cap952.871M
Beta (5Y Monthly)2.35
PE Ratio (TTM)N/A
EPS (TTM)-5.38
Earnings DateDec 14, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est4.86
  • GlobeNewswire

    European Union Intellectual Property Office grants Powered by HEXO registered trademark status

    OTTAWA, Jan. 21, 2021 (GLOBE NEWSWIRE) -- HEXO Corp. (“HEXO”, or the “Company”) (TSX: HEXO; NYSE: HEXO) is pleased to announce that following a two-year process, its trademark Powered by HEXO has been registered with the European Union Intellectual Property Office. “Receiving registered trademark status in the EU supports our ongoing Powered by HEXO strategy and enhances the global value of our brand,” said HEXO CEO and co-founder Sebastien St-Louis. “This includes supporting current joint-venture partners, if they choose to enter the European market, along with other potential non-beverage CPG partners with whom we are in ongoing discussions.” Powered by HEXO brings best-in-class research and technology, regulatory expertise and superior ingredients together with product knowledge, deep consumer understanding and established global distribution networks. Scalable and consistent, Powered by HEXO is the recognized quality behind award-winning products. About HEXO HEXO Corp is an award-winning consumer packaged goods cannabis company that creates and distributes innovative products to serve the global cannabis market. The Company serves the Canadian adult-use markets under its HEXO Cannabis, Up Cannabis and Original Stash brands, and the medical market under HEXO medical cannabis. For more information please visit hexocorp.com. Forward Looking Statements This press release contains forward-looking information and forward-looking statements within the meaning of applicable securities laws (“forward-looking statements”). Forward-looking statements are based on certain expectations and assumptions and are subject to known and unknown risks and uncertainties and other factors that could cause actual events, results, performance and achievements to differ materially from those anticipated in these forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements as a result of new information or future events, or for any other reason. Investor Relations:invest@HEXO.comwww.hexocorp.com Media Relations:(819) 317-0526media@hexo.com

  • HEXO Corp Announces appointment of Rose Marie Gage to its Board of Directors
    GlobeNewswire

    HEXO Corp Announces appointment of Rose Marie Gage to its Board of Directors

    OTTAWA, Jan. 14, 2021 (GLOBE NEWSWIRE) -- HEXO Corp. (“HEXO”, or the “Company”) (TSX: HEXO; NYSE: HEXO) is pleased to announce the appointment of Rose Marie Gage to its Board of Directors. Following the appointment of Ms. Gage, the Board will comprise of seven directors."We are pleased to welcome Rose Marie Gage to the HEXO Board," said Dr. Michael Munzar, Chair of the Board of Directors of HEXO. “Rose’s extensive experience with large multi-national companies, strategic execution and operational effectiveness will be invaluable as we continue to aggressively push to become EPS positive, increase market share across Canada and expand operations in the United States."Ms. Gage has over 30 years of experience in business development, strategy, communications, execution and governance. During this time, she worked for several global multi-national enterprises, including Westinghouse, GE and Schneider Electric. Ms. Gage has held numerous executive roles including Chief Marketing Officer and most recently as Chief Executive Officer of Ag Energy, a provincially licensed energy retailer. She has in depth experience in working with corporations to enhance their bottom line and grow the top line through the application of strategic initiatives focused on customer needs. Ms. Gage is an inaugural member of the Conference Board of Canada’s Centre of Excellence for Women’s Advancement, and also served as Vice-Chair of the Women in Leadership Foundation.Ms. Gage holds a Chartered Director designation and an Honours Bachelor of Commerce from McMaster University. She is certified as a Lean Six Sigma Quality leader and has received executive education from the Rotman School of Business and the Harvard School of Business. Ms. Gage also holds the Carnegie Mellon-NACD Cyber-Security Director Oversight Certification and was the recipient of the Director’s College 2018 Outstanding Achievement in Governance Award and the 2016 Diversity 50 Canadian Board Diversity Counsel Award.About HEXOHEXO Corp is an award-winning consumer packaged goods cannabis company that creates and distributes innovative products to serve the global cannabis market. The Company serves the Canadian adult-use markets under its HEXO Cannabis, Up Cannabis and Original Stash brands, and the medical market under HEXO medical cannabis. For more information please visit hexocorp.com.Forward Looking StatementsThis press release contains forward-looking information and forward-looking statements within the meaning of applicable securities laws (“forward-looking statements”). Forward-looking statements are based on certain expectations and assumptions and are subject to known and unknown risks and uncertainties and other factors that could cause actual events, results, performance and achievements to differ materially from those anticipated in these forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements as a result of new information or future events, or for any other reason.Investor Relations: invest@HEXO.com www.hexocorp.comMedia Relations: (819) 317-0526 media@hexo.com

  • Truss CBD USA, a HEXO Corp and Molson Coors joint venture, launches Veryvell sparkling CBD water in Colorado
    GlobeNewswire

    Truss CBD USA, a HEXO Corp and Molson Coors joint venture, launches Veryvell sparkling CBD water in Colorado

    OTTAWA, Jan. 13, 2021 (GLOBE NEWSWIRE) -- Truss CBD USA, a joint venture between HEXO Corp (“HEXO”, or the “Company”) (TSX: HEXO; NYSE: HEXO) and Molson Coors Beverage Company (“Molson Coors”) (NYSE: TAP), today announced the U.S. launch of VeryvellTM, a new line of non-alcoholic, sparkling CBD beverages, exclusively available in Colorado. VeryvellTM is a hemp-derived, adaptogenic, sparkling CBD water now available to Colorado-based consumers in three flavours: Focus (Grapefruit Tarragon), Mind & Body (Strawberry Hibiscus) and Unwind (Blueberry Lavender). VeryvellTM is Powered by HEXOTM, the recognized quality and innovation behind award-winning products.“We are excited to launch VeryvellTM in Colorado through Truss CBD USA, in collaboration with our partner, Molson Coors. Our joint venture with Molson Coors Canada saw Truss Beverage Brands become the number one choice for consumers in Canada and we are expecting similarly great results in the US.” said HEXO CEO and co-founder Sebastien St-Louis. “We have near-term plans to invest additional capital in the USA to support Truss CBD USA and to further execute on our Powered by HEXOTM strategy with other potential CPG partners, outside of beverages, with whom we are currently in ongoing negotiations.”VeryvellTM is produced and distributed within Colorado state lines following the state’s established regulatory framework for hemp-derived CBD in food and beverages and is exclusively distributed by Coors Distributing Company. Truss CBD USA is distinct from Truss Beverages, Molson Coors and HEXO’s joint venture in Canada that focuses on non-alcoholic, cannabis-infused beverages.About HEXOHEXO Corp is an award-winning consumer packaged goods cannabis company that creates and distributes innovative products to serve the global cannabis market. The Company serves the Canadian adult-use markets under its HEXO Cannabis, Up Cannabis and Original Stash brands, and the medical market under HEXO medical cannabis. For more information please visit hexocorp.com.About Truss CBD USATruss CBD USA is a joint venture between Molson Coors Beverage Company and HEXO Corp designed to explore opportunities for non-alcoholic, hemp-derived CBD exclusively in the United States. With all production and distribution concentrated within states that permit such products, the Truss CBD USA portfolio focuses on hemp-driven, CBD beverages that span a range of flavor profiles and drinking occasions, starting with the launch of VeryvellTM sparkling CBD water. For those Colorado-based consumers interested in learning more, visit www.trusscbdusa.com or @LiveVeryvell on Facebook and Instagram.About Molson Coors Beverage CompanyFor over two centuries Molson Coors has been brewing beverages that unite people for all of life's moments. From Coors Light, Miller Lite, Molson Canadian, Carling, and Staropramen to Coors Banquet, Blue Moon Belgian White, Blue Moon LightSky, Vizzy, Leinenkugel's Summer Shandy, Creemore Springs and more, Molson Coors produces some of the most beloved and iconic beer brands ever made. While the company's history is rooted in beer, Molson Coors offers a modern portfolio that expands beyond the beer aisle as well. The company's commitment to raising industry standards and leaving a positive imprint on our employees, consumers, communities and the environment is reflected in Our Imprint and our 2025 sustainability targets. To learn more about Molson Coors Beverage Company, visit molsoncoors.com, MolsonCoorsOurImprint.com or on Twitter through @MolsonCoors.Forward Looking StatementsThis press release contains forward-looking information and forward-looking statements within the meaning of applicable securities laws (“forward-looking statements”). Forward-looking statements are based on certain expectations and assumptions and are subject to known and unknown risks and uncertainties and other factors that could cause actual events, results, performance and achievements to differ materially from those anticipated in these forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements as a result of new information or future events, or for any other reason.Contact Information: Media Relations HEXO Corp (819) 317-0526 media@hexo.comAdam Scholder ICF Next (847) 204-0949 Adam.Scholder@icfnext.com Marty Maloney Molson Coors (773) 972-7780 martin.maloney@molsoncoors.com