Foreword: The following summary has been compiled using HEXO Corp press releases as well as Press Releases from HEXO JV Companies (Truss Beverages and TrussCBDusa). Relative Press Releases from HEXO’s Partners; Molson-Coors and Tilray Brands are also included as well as interviews from the various Corporate CEOs. Every effort has been made to ensure the accuracy and completeness of this post regarding HEXO Corp. Revisions are made as news develops or errors and omissions are discovered. As always, ensure you Do Your Own Due Diligence (DYODD) including a in-dept review of the Company's financial details.
HEXO Corp SUMMARY
HEXO Corp is an award-winning consumer packaged goods cannabis company that creates and distributes innovative products to serve the global cannabis market. HEXO serves the Canadian recreational market with a brand portfolio including HEXO, Redecan, UP Cannabis, Namaste, Original Stash, 48North, Trail Mix, Bake Sale, RE-UP and Latitude brands and the medical market under HEXO medical cannabis.
As one of the largest licensed cannabis companies in Canada, HEXO Corp operates with millions of sq. ft of facilities in Ontario, Quebec and New Brunswick.
Incorporated in 2013 under the name The Hydropothecary Corporation, the company was created to meet the needs of the Canadian medical cannabis market. With the advent of the legalized market in 2018, the company became HEXO Corp, for both adult-use (recreational) and medical markets.
HEXO Corp Management was changed in 2021 with the Founding Father and CEO of the company Sebastian Saint Louis (aka SSL) being replaced by Scott Cooper. Scott originally came from HEXO’s Partner Molson Coors and has been instrumental in HEXO Corps Cost Cutting and Product Optimization Efforts. As part of these cost savings HEXO Corp consolidated some of it's operations with Tilray Brands, sold off under-utilitized facities and reduced staffing levels. The new CEO also noted more concentrated efforts to expand out the production and sale of their higher margin products such as the Redecan product line.
In April of 2022 investors were notified that the HEXO USA CFO Charlie Bowman would be taking over the role of HEXO CEO. Mr. Bowman has yet to formally step into the role of CEO and is currently covering the position in conjunction with Scott Cooper.
HEXO Corp’s Partner, Molson-Coors holds partnerships with both Coke and Dwayne Johnson “The Rock” for the production of drinks. At this time there is no tangible evidence to conclusively say if either of these partnerships will, or will not, be expanded to include the production of Cannabis Infused drinks. Pepsi Co has been noted as producing Cannabis Drinks in Germany however no such endeavors are on record for Coca-Cola.
HEXO Corp is due to report it's 2022 Q4 / Year end report no later than Oct 29th, 2022. No official date has been provided at this time.
COMPANY PRESENTATIONS AND INTERVIEWS (HEXO, TILRAY)
HEXO Virtually Rolls out New Belleville Facility
Note: Above link includes views of the extensive automation used in product production in use by HEXO Corp which enables it to produce product at such a low cost and maintain higher levels of margin. Since the Video was taken HEXO Corp has changed their location and consolidated some of their production with Tilray Brands with their drink production remaining unchanged in the Belleville Facility.
HEXO Video Library Showing Inside the Operation
Powered By HEXO Summary (Patented Technology)
Note: This is business model in place between HEXO Corp. and Mike Tyson for the production ad distribution of the Tyson 2.0 products within Canada
(Mar 4, 2022) Tilray Brands – HEXO Corp. Strategic Alliance Webcast (Video)
Comments (min:sec) Tilray CEO Irwin Simon, HEXO CEO Scott Cooper
Tilray / HEXO Representing Number 1 and Number 2 Cannabis LPs within Canada
US and International Market Expansion
Possible future equity stake in HEXO Corp
Every $1 increase in HEXO Corp represents $200 Million increase in value to Tilray
Purchasing HEXO debenture notes for 95%,
Debenture Notes extended out to 2026
(6:15) Tilray will Form Joint Venture with HEXO Corp
Agreement still contingent on further Due Diligence on the part of Tilray
(7:00) Call switches to HEXO CEO Irwin Simon
HEXO Goals to minimize dilution to existing HEXO Shareholders and de-risk the balance sheet
(8:10) Key Goals Noted for balance sheet optimization
Deleveraging: Tilray will purchasing notes at 95 cents on the dollar vs High Trail redeeming notes at $1.20 on the dollar, Removal of monthly redemption
Deals unlocks 80 Million cash for the company to use for the operation
$180 Million provided by Kaos with $5 Million cash per month available
Savings $50 Million over 2 years of deal closing
Both companies will share expertise to innovate new products and brand building and growth
HEXO to pay settlement to High Trail paid in shares
(11:50) CEO of Tilray resumes presenting for Q and A
Tilray will share with investors which cost savings are implemented, examples provided included potentially moving edibles and drinks to HEXO facilities. Comments also included savings for both companies on cost of insurance.
(22:30) Tilray $4 Billion Plan, CEO comments on making this goal with or without US Legalization. Germany, France and Italian legalization, comments on Hemp market.
(27:15) Tilray CEO sees Pre-rolls, Drinks and Edibles as getting Bigger and Bigger
(42:50) If HEXO Stock goes back to $5 where it has been it’s worth $1 Billion to Tilray
(43:40) Nothing in the agreement that stops Tilray from going to 51% or 100% stake in HEXO Corp
(54:20) Closing Comments by Tilray CEO, looking to change 3 year old industry in Canada and waiting on Europe, industry is $100 Billion Market, will be a big industry, positions within HEXO and Medmen. Good foothold in Europe.
(56:10) Closing Comments by HEXO CEO, Scott Cooper; Tilray deal provides the liquidity needed and looking forward to the closing of the deal.
(Mar 4, 2022) BNN Bloomberg Interview with Tilray CEO Regarding HEXO Deal (5:50 Mins)
Comments Tilray CEO Irwin Simon
$200 Million in convertible notes purchased at .95 cents on the dollar, 10% interest to be paid by HEXO
Canada can grow to $10 Billion Dollar Industry
Tilray protected with HEXO Assets
Tilray to get $20 Million annual Interest in deal
Not counting on Biden administration getting Cannabis Legalization done
(Mar 3, 2022) Tilray + HEXO Partnership Presentation
(Jan 18, 2022) Revised Investors Deck – THE PATH FORWARD
Note: Above Presentation notes expansion of high-margin product production increasing to as much as 300% and illustrates the location of each of the international supply agreements in place. This presentation was created in HEXO’s 2022 QTR 1 with a revised Investor’s Deck expected to be provided prior to end of Calendar 2022.
(Oct 5, 2021) – AGP’s Virtual Fall Consumer MJ Conference (HEXO CEO)
(Sept 10, 2022) Tilray Chairman And CEO, Irwin D. Simon, Sends Shareholder Letter Mapping Out $4B Revenue Plan
(Sept 1, 2021) This is BIG – Splash Video
(Aug 20, 2021) – BNN Interview with Former HEXO CEO regarding US Expansion
(Aug 10, 2021) Former CEO Fireside Chat at 2021 Cannacord Conference (New F-200 CPG Partner Signed)
Comments include:
- Product testing on-going in Quebec, longer term to be expanded into US
- Cross border consolidation to be expected with US Federal Cannabis Legalization
- HEXO planning to work with local state suppliers and Multi-State Operators (MSOs)
- HEXO to be a US manufacturer
HEXO products available in the US include VeryWell beverages, Verywell Drops, in Jan HEXO to expand to select states and supply Redecan Reddies and Gelcaps
- Expansion of Redecan products in Quebec
- 60% of Canadian Retail stores carry HEXO products
- High levels (85%) for rebuy rate on HEXO / Truss CBD infused drinks
- Canada a 4 Billion Dollar Market today, US Market also expanding
- (Min 7:25) HEXO to launch with Fortune 200 Food Company
- HEXO largest Cannabis LP by sales with 1 10th the Marketcap to competitors
Additional Link -> (Jan 17, 2022) PoW Group YouTube Video showing HEXO Corp Investor Relations Confirming Fortune 200 Partnership in Place with HEXO Corp under Non-Disclosure Agreement
Additional Link -> (Apr 28, 2022) PoW Group YouTube Video regarding “New Partner Announcement” Article
(June 16, 2021) Cantor Fitzgerald Fireside Chat with HEXO CEO Sebastien S.L. & CFO Trent M.
(June 12, 2021) HEXO CEO on BNN
(June 11, 2021) Interview with HEXO CEO
Comments include:
- HEXO already in the US and selling product
- Functional Foods expansion – Legal to sell in US today
- Prepping the business to expand as soon as rules change in the US
- Number 1 producer in a number of Canadian Provinces
- Discussion regarding distribution of product overseas through Molson sales channels
(May 28, 2021) CNN Interview with HEXO CEO Regarding Redecan Acquisition (Video)
(May 28, 2021) HEXO + Redecan (Splash Video)
Additional Link – Redecan Products carried by Shoppers Drugmart
(May 20, 2021) BMO Capital Markets 16th Annual Farm to Market Conference – Video Interview with former HEXO CEO and CFO
Video Highlights (min:sec):
Expansion of product line in order to approach larger partner
New Bake Sale Product and Original Stash products targeting Black-market Customers (and winning)
How HEXO is addressing inventory management to avoid write-downs,
UP! Product line supporting 20% + THC levels
Powered By HEXO strategy for Consumer Packaged Goods (CPG) partners, moving to “functional foods”, (eg Pet Care and Cosmetics),
(Min 18:50) HEXO displaced major CPG producers in Colorado with drink launch,
(Min 20:30) 2nd Largest Patent Holder in Sector,
(Min 22:10) Colorado as launching location into the rest of the US,
(Min 23:40) Powered by HEXO structure compared to Intel Business Model,
(Min 27:00) HEXO has THC Zoning in US,
(Min 31:15) HEXO Drink re-buy rate for first time buyers of Truss drinks apx 85%.
(May 11, 2021) Canaccord Genuity’s 5th Annual Global Cannabis Conference – Interview with former HEXO CEO
2021 ICR Presentation with HEXO CEO (discussion on US expansion into Colorado and beyond)
Note: Starting from minute marker 19:20 the former CEO comments on how HEXO has access to Molson’s relationship with Coke and Dwayne Johnson “The Rock”
HEXO Corp. PRESS RELEASES:
Note: A complete list of all HEXO Corp Press Releases is located on the HEXO Homepage.
Note on New Product Releases: HEXO Corp appears to favor releasing news of New Product rollouts via LinkedIn. Investors are recommended to follow HEXO Corp on LinkedIn in order to be current on new Product Rollouts but to also sign up for Press Releases from their website and/or through their Brokers.
(Aug 30, 2022) HEXO to Produce Mike Tyson’s New Cannabis Brand, TYSON 2.0, in Canada
Note: Through the agreement HEXO Corp will be the sole manufacturer and distributor of Tyson Products. No forward looking statements were provided as to expected dollar value of the deal. Due to Canadian marketing rules the Tyson Products may require rebranding with the Mike’s Bites edible product potentially requiring to be formed into something that less resembles HollyField’s ear (as amusing as it is… it may not be acceptable in parts of Canada)
(July 27, 2022) HEXO Granted Additional 180 Calendar Day Grace Period by Nasdaq to Regain Compliance with Minimum Bid Price Rule
(July 5, 2022) HEXO Corp.’s Shareholders Approve Note Transaction with Tilray Brands
(June 17, 2022) HEXO Acknowledges Zenabis Group CCAA Filing
(June 16, 2022) Veryvell expands CBD beverage sales to 24 states, including in retail stores in NY, NJ
Note: According to the TrussCBDusa webite the products are now available for online order to 26 US States.
(June 15, 2022) HEXO Corp.’s Shareholders Approve Standby Commitment Transaction
(June 14, 2022) HEXO Enters Into Amending Agreements to the Transaction Agreement With Tilray Brands and the Standby Agreement With KAOS
Note: KAOS has agreed to provide $180 Million in cash to HEXO Corp in exchange for shares on an as-needed basis.
(May 11, 2022) HEXO To File Management Information Circular Seeking Shareholder Approval for Its New Debt Financing Arrangements and Equity Purchase Agreement
(May 3, 2022) HEXO Launches New At-the-Market Offering
Taken from Above Press Release
The ATM program replaces the “at-the-market” offering of Common Shares in Canada and the United States having an aggregate sale price of up to CAD$150,000,000 (the “Previous ATM Offering”) pursuant to the equity distribution agreement dated May 11, 2021 (the “Previous ATM Agreement”) between the Company and BMO Nesbitt Burns Inc. as Canadian agent and A.G.P./Alliance Global Partners and BMO Capital Markets Corp. as United States agents (the “Previous ATM Agents”), which was terminated effective April 11, 2022.
(Apr 29, 2022) HEXO Announces Leadership Transition; Company Appoints Charlie Bowman as Chief Executive Officer and Julius Ivancsits as Chief Financial Officer
(Apr 21, 2022) HEXO Provides Update on Strategic Plan; Announces Changes to Further Streamline Operations on Path to Becoming Cash Flow Positive From Operations
(Apr 12, 2022) HEXO Enters Into Definitive Agreement With Tilray Brands to Create a Strategic Alliance Between Two Canadian Cannabis Leaders
Taken from Above Press Release
GATINEAU, Quebec, April 12, 2022 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the “Company"), a leading producer of high-quality cannabis products, today announced that the Company has taken a significant step forward in executing on its strategic plan - The Path Forward - by entering into definitive agreements with Tilray Brands, Inc. (“Tilray Brands”) (Nasdaq | TSX: TLRY), as well as entering into a definitive equity purchase agreement (the “Standby Agreement”) with an affiliate of KAOS Capital Inc. (the “Standby Party”), further to the Company’s press release of March 3, 2022. Closing of the transaction with Tilray Brands and the Standby Agreement is expected to occur by the end of May 2022, subject to the satisfaction or waiver of closing conditions.
(Apr 12, 2022) Tilray Brands Announces Definitive Agreement With Hexo Corp. Related to HEXO’s Senior Secured Convertible Note
(Apr 5, 2022) TILRAY - Solei Brand Launches the First Cannabis Edible Available in Quebec
(Mar 14, 2022) HEXO Announces High Trail Waives Event of Default Under Secured Note
(Mar 9, 2022) HEXO Announces Election of Directors
(Mar 3, 2022) Truss Beverage Co. Announces Dave Schlosser as President & CEO
(Feb 22, 2022) HEXO Announces Refreshed Board of Directors; Reaches Agreement with Adam Arviv
(Feb 9, 2022) HEXO Provides Update on "The Path Forward"; Identifies $15 Million in Cost Savings
Note: HEXO’s Corporate Presentation regarding the Path Forward was last updated during fiscal 2022 Q1 and is expected to be updated again by end of Calendar Year 2022 (post 2022 Q4).
(Jan 31, 2022) HEXO Provides Nasdaq Listing Update
Note: HEXO Corp is listed on the Canadian TSX as well as the US NASDAQ. The NASDAQ has a minimum shareprice requirement of $1 USD which the company is not currently in compliance with. The company has until late January 2023 to either see their share price back at $1 USD or they will be required to consolidate the shares in order to do so. The company has indicated that they will consider a maximum consolidation ratio of 14:1 however also noted that a consolidation would not be necessary if the shareprice reaches the required price point.
(Jan 25, 2022) HEXO Provides Update on "The Path Forward"; Maintains #1 Position in Canada and Announces Redecan Product and Market Expansion
(Jan 5, 2022) HEXO Announces the Appointment of a New Board Member and Acting CFO
(Dec 14, 2021) HEXO Announces Appointment of John K. Bell as Chair of Board of Directors
(Nov 19, 2021) HEXO Announces Changes to its Board of Directors
(Nov 9, 2021) HEXO Provides Integration Update
Note: The above News Release details the disposal of facilities and staff reductions found to be unnecessary to fulfill the companies longer term business objectives.
(Nov 4, 2021) Redecan Expands Their Redees Line-Up with New Strains, More Bud and Holiday Spirit
(Oct 20, 2021) HEXO Announces Scott Cooper as President & CEO
(Sept 16, 2021) HEXO Achieves Carbon Neutrality
(Sept 15, 2021) HEXO to participate in Citi’s 5th Annual Consumer Disruptive Growth Conference
(Sept 1, 2021) HEXO and 48North announce closing of arrangement
(Aug 30, 2021) HEXO announces closing of Redecan transaction
(Aug 26, 2021) HEXO appoints Chief People & Culture Officer
(Aug 24, 2021) HEXO Corp. Closes US$144.8 Million Underwritten Public Offering
(Aug 25, 2021) HEXO Corp.’s Shareholders Overwhelmingly Approve Redecan Transaction and Senior Secured Convertible Note Financing Share Reserve
(Aug 24, 2021) HEXO to Begin Trading on the Nasdaq (Move from NYSE)
(Aug 16, 2021) HEXO expands its global leadership team with the appointment of Chief Commercial Officer
https://www.globenewswire.com/news-release/2021/08/16/2280923/0/en/HEXO-expands-its-global-leadership-team-with-the-appointment-of-Chief-Commercial-Officer.html
(July 14, 2021) HEXO provides update on Redecan acquisition
(June 28, 2021) HEXO Corp formalizes its US presence with acquisition of production facility in Colorado
Note: HEXO Corp changed management teams in 2021 with the new CEO focusing on cost savings and bringing the company towards profitability faster while addressing debt brought on from earlier acquisitions. As part of this new initiative HEXO Corp sold the Colorado facility with the CBD drink production remaining in Colorado under TrussCBDusa (as it was prior to the building acquisition).
Additional Link: News Article Showing the Actual Facility
Additional Link: (MJ Biz Daily) – Notes on cost of purchase as well as upgrades
Note: The purchase of the facility is noted as being apx $6 Million with upgrades expected to cost in the range of $16.5 to $49.5 Million.
(June 9, 2021) HEXO Corp wins dismissal of NY state court shareholder class action
(June 8, 2021) HEXO Corp commits to ESG leadership, starts by offsetting 100% of carbon emissions and plastic packaging
Note: As per the 2021 Year end MD&A Report, HEXO Corp entered into an agreement with Offsetters, a Vancouver-based organization that supports renewable energy and carbon projects across the world, and became carbon neutral in September 2021, as well as offseting 100% of the Company’s operational carbon emissions in addition to the personal emissions of our 1,200 employees.
(June 1, 2021) HEXO Corp. and Zenabis Global Inc. Announce Closing of Arrangement
(May 28, 2021) HEXO Corp announces acquisition of Redecan to create Canadian market leader in adult-use sales
Taken From Above News Release
“With today’s announcement, we believe that we are on the verge of surpassing that objective to become the no.1 licensed producer by recreational market share. Building on our strong market momentum, the combination of HEXO and Redecan reinforces our position as an industry leader and creates a robust foundation for growth, efficiency at scale and improved financial results.”
(May 27, 2021) HEXO Corp Announces Public Offering of Senior Secured Convertible Notes
Taken from Above News Release
The Company expects to use substantially all of the net proceeds from the Offering to fund the acquisition (the “Potential Acquisition”), if it occurs, of a large Canadian licensed producer (the “Target Business”). The Company has not yet entered into a definitive agreement for the Potential Acquisition.
(May 17, 2021) HEXO Corp to acquire 48North Cannabis Corp.
Taken from Above News Release:
- Diversifies product portfolio: The addition of 48North’s innovative product offering, including topicals, bath and intimacy products provides a strong base for potential future CPG partnerships in the US, Canada and internationally.
- Offers accretive synergies: HEXO estimates that, assuming completion of the Transaction, it may realize annual synergies of up to $12 million within one year of close, through cost of goods reductions, additional capacity utilization in HEXO’s Belleville Centre of Excellence and selling, general and administrative savings, which, if realized, should allow HEXO to continue its path towards positive earnings.
(May 14, 2021) HEXO Corp Announces Filing of Preliminary Base Shelf Prospectus for Debt and Planned Reduction in Previously Filed Shelf Prospectus for Equity
(May 14, 2021) HEXO Corp announces US production facility in Colorado
Taken From Above News Release
The ~50,000 sq. ft. facility, located in Northern Colorado, will provide US CPGs and consumers access to the Powered by HEXO® technology.
Note: The company has disclosed that the facility cost $6 Million USD to purchase and between $16.5 and $49 Million USD to retrofit
HEXO’s first in the US, is zoned for production of a full range of cannabinoids and offers multiple operational capabilities. The site will support Powered by HEXO initiatives across the country, in compliance with all applicable laws and regulations.
(May 14, 2021) ZENABIS MALTESE JOINT VENTURE PARTNER ZENPHARM RECEIVES LICENSE FOR PRODUCTION & DISTRIBUTION OF CANNABIS
Taken from Above News Release
The Medicinal Cannabis License allows ZenPharm to commence commercial shipments to the European Union, where Germany is ZenPharm’s most prominent target market. ZenPharm has an executed supply agreement with a German-based customer to supply a minimum volume of 500 kg per year. To that end, ZenPharm will be accepting shipments of up to 300kg from Zenabis Atholville through the end of this calendar year.
“… launching finished cannabis products under its own brand for distribution within the Maltese medicinal cannabis market, with similar entry into the Polish Market expected in the Q1 2022”
(May 13, 2021) HEXO Corp and REQ Announce Brand Partnership for “Powered By HEXO®” Expansion into United States
Taken From Above News Release
As U.S. Agency of Record, REQ will assist HEXO as it continues to expand its footprint in the U.S. and ramps up to support the growth initiatives of Truss CBD USA, its joint venture with Molson Coors, and for potential non-beverage CPG partners with whom the Company is in ongoing discussions.
Note: REQ has worked with such companies as eBay, MasterCard and Amazon.
Direct Link to REQ Marketing Website (Companies they have worked with)
(May 11, 2021) HEXO Corp Announces At-the-Market Offering of up to C$150,000,000
Taken From Above News Release
The Company expects to use the net proceeds from the ATM Program for general corporate purposes, which may include: (i) costs associated with the Company’s U.S. expansion plans including the contemplated acquisition of a facility in the State of Colorado and its subsequent retrofitting and improvement; (ii) capital expenditures, including potential capital expenditures to make additional improvements to the production lines at the Company’s Belleville, Ontario facility; (iii) potential future acquisitions; (iv) working capital, including replenishing existing cash resources and working capital which will be used to fund certain transaction and integration costs and minimum debt repayments related to the Company’s proposed acquisition of Zenabis Global Inc. (“Zenabis”); and (v) repayment of additional debts owed by Zenabis following the completion of the Zenabis acquisition.
(May 3, 2021) - HEXO Corp Announces Repayment of Credit Facility
Taken From Above News Release
“We believe repayment of the credit facility provides HEXO with flexibility as we continue to execute on our US expansion plans and our goal to become a top two Canadian LP by adult-use recreational cannabis sales,” said HEXO CEO and co-founder Sebastien St-Louis. “We would like to thank our lenders for their support, which has contributed to HEXO’s success to date.”
(Apr 28, 2021) – HEXO Corp receives Control Union Medical Cannabis Standard GACP certification
Taken From Above News Release:
CUMCS-GACP certification represents a standard of quality and consistency for cannabis propagation, cultivation and post-harvest processes and is compliant with both the World Health Organization and European Medicines Agency Good Agricultural and Collection Practice guidelines
(Apr 21, 2021) – HEXO Wins 2021 Atomic Award
(Apr 15, 2021) - HEXO Corp Announces Filing of $1.2B Preliminary Base Shelf Prospectus
Taken From Above News Release:
“We made the decision to file this new base shelf prospectus and registration statement to provide maximum flexibility as we continue to pursue strategic initiatives in both the United States and Canada,” said HEXO CEO and co-founder Sebastien St-Louis. “We have now started to deploy capital in the United States, are remaining active in M&A and are in ongoing discussions with potential non-beverage CPG partners which we expect will require additional capital as we continue to execute on our growth and expansion strategy.”
(Apr 14, 2021 – HEXO / Molson JV – Truss Launch New Drinks for Summer
Note: As outlined in the news out from Molson, Mrs. Brown has been previously employed with Mars-Wrigley as well as Kraft Foods.
(Apr 6, 2021) – HEXO Launches Bake Sale – New Cannabis Baking Flower
(Mar 26, 2021) – HEXO CFO Trent McDonald Hosts Reddit Ask-Me-Anything (AMA) Session
Note: Trent addressed a number of topics from US Expansion to what a US Strategy would look like. He also noted how undervalued the stock is in relation to others in the industry based on sales (this compares to share count vs sales dollars, PS-Ratio math helps explain what he is referring to)
(Feb 22, 2021) – HEXO and Namaste Tech Sign Agreement for New Product Releases
(Feb 16, 2021) HEXO Corp. to acquire Zenabis Global Inc.
HEXO PARTNER NEWS RELEASES (Tilray and Molson Related):
(Sept 6, 2022) Tilray Initiates Roundtable With German Regulators to Kick-Off Draft Legislation to Legalize Adult-Use Cannabis in Germany
(Mar 3, 2022) HEXO and Tilray Brands Agree to Create Strategic Alliance Bringing Together Two Canadian Cannabis Leaders
(Mar 3, 2022) TILRAY PRESS RELEASE: Tilray Brands Announces Proposed Agreement for Strategic Alliance With Hexo Corp.
(Jan 25, 2022) Molson Coors Enters Exclusive Agreement With The Coca-Cola Company to Launch New Brand Inspired by Simply® Juices in the Alcohol Aisle
(Nov 1, 2021) Truss Beverage Co. Expands into Partnerships with First Collaborative Brand, Bedfellow Liquid Arts
(Oct 12, 2021) Molson Coors and The Coca-Cola Company Expand Offering to Bring Topo Chico Hard Seltzer® to Canada
(Oct 6, 2021) Truss CBD USA, A Molson Coors and HEXO Corp Joint Venture, Expands Veryvell™ CBD Beverages Semi-Nationally
Additional Link (Article) – Oct 11, 2021 Molson Coors, HEXO Corp Serve Up CBD Sparkling Water in More States
(Apr 8, 2021) HEXO’s Partner Molson Coors Nominates Julia M. Brown as an Independent Director to Join Its Board of Directors
(Jan 13, 2021) Truss CBD USA, a HEXO Corp and Molson Coors joint venture, launches Veryvell sparkling CBD water in Colorado
(Jan 12, 2021) Dwayne ‘The Rock’ Johnson partners with Molson Coors for nonalcoholic energy drink
FINANCIALS AND QUARTER REPORTS
Foreword: Visit the HEXO homepage and / or www.Sedar.com for detailed information. HEXO’s 2022 Q4 / Year End report is due by Oct 29th, 2022.
HEXO – Financial Statements, MDA Meeting,
HEXO – SEDAR Filings
NOTABLE NEWS FROM 2020 AND EARLIER
(Dec 18, 2020) – HEXO Corp Announces Share Consolidation
Note: HEXO consolidated shares at a ratio of 4:1 on Dec 23, 2020 in order to comply with NYSE minimum listing requirements. This occurred during Covid while the entire Cannabis Sector was largely being ignored due to the pandemic.
(July 9, 2020) HEXO established a Medical Cannabis Supply contract with Israel
(April 15, 2020) Molson Coors and HEXO Corp Expand Partnership with Joint Venture in Colorado
(Sept 29, 2020) Molson Coors to Bring Coke’s Alcoholic Topo Chico to U.S.
(Aug 31, 2020) Zenabis Announces First Shipment to Australia
(Oct 31, 2019) Molson Coors drops ‘Brewing Co’ from its name as it looks beyond beer
Taken From Above News Release:
Molson Coors Brewing Company, one of the world’s largest brewers, is to rename itself in an effort to “expand beyond beer.”
Louisa Osmond, a professor of marketing at Edinburgh Business School said the name change will let Molson Coors adapt to consumers’ changing tastes.
(Oct 4, 2018) Molson Coors Canada and HEXO Launch Truss
Research Links:
Canadian Cannabis Tier 1 Index List (Top Revenue Companies)
HEXO Press Release Library;
HEXO – Institutional Ownership Information
HEXO Insider Trading Information (Globe and Mail Report)
HEXO Insider Trading Information (Canadian Insider)
HEXO - Price to Sales Ratio Data with Sector Comparisons
HEXO Historical Daily Shareprice Data
HEXO Shareprice Moving Average Data
HEXO - Realtime Regular Hours Trading Prices (CDN Dollars)
HEXO Live Trading Link, can also be used for Extended Hours Trading (US Dollars)
HEXO Live Trading Link for European Exchange (Stated in EUROs)
Daily Exchange Rate Table (Bank of Canada)
HomePage Links
Warrants
HEXO has several warrants available with some trading under ticker symbols from the companies it acquired. These include: NewStrike Brands, Zenabis Global and 48 North. Actual ticker symbols and calculated present day values of these warrants can be found on The Canadian Warrants Website.
Canadian Warrants Website
Disclaimer: StockHouse user Quinlash holds long only positions in HEXO Corp through both shares and options in the Company