After closing at more than twice its normal volume on Friday, cannabis Company
HEXO Corporation(TSX: HEXO,
OTCQB: HYYDF,
Forum) was the largest percentage gainer on the TSX Monday morning, rising upward of 5.5% eclipsing $8.55 (CAD). This comes after brokerage research firm
Cormark Securities upgraded stock to “buy” from “speculative buy”.
(Click to enlarge.)
For more on this performance, click
here.
HEXO has an opportunity to cash in onCBD beer marketwith its Molson Coors Brewing Co. joint venture, also covered by Investorideas’ snapshot of the CBD sector on Monday.
FULL DISCLOSURE: HEXO Corp. is a client of Stockhouse Publishing.