HEXO Cannabis & Hemp News

03/30/2020 - 2:06pm
HEXO
How about some good hash
Has anybody tried Hexo's hash yet? From a photo I saw, it looks delicious. Which provinces are carrying it now? submitted by /u/Burninglightstorm [link] [comments] ()
03/30/2020 - 1:04pm
HEXO
Investor Ideas Potcasts, Cannabis News and Stocks on the Move; Episode 391 (TSX: HEXO) (NYSE: HEXO) (CSE: IMCC) (CSE: TGIF) - InvestorIdeas.com
Investor Ideas Potcasts, Cannabis News and Stocks on the Move; Episode 391 (TSX: HEXO) (NYSE: HEXO) (CSE: IMCC) (CSE: TGIF) InvestorIdeas.com (Cannabis, Stocks)
03/30/2020 - 12:50pm
HEXO
Hexo books CA$298 million net loss in second quarter
Major cannabis producer Hexo posted a second-quarter net loss of 298.2 million Canadian dollars ($210 million) on Monday, nearly five times larger than the CA$62.4 net loss reported in the previous quarter. Almost half that loss stemmed from an impairment charge for disposing of a Niagara, Ontario, cannabis cultivation facility bought from Newstrike Brands in […] Hexo books CA$298 million net loss in second quarter is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs (Cannabis, Cultivation)
03/30/2020 - 12:00pm
HEXO
The 3 Most Important Numbers in HEXO's Horrible Q2 Results - Motley Fool
The 3 Most Important Numbers in HEXO's Horrible Q2 Results Motley Fool ()
03/30/2020 - 8:41am
HEXO
Hexo Reports Staggering Quarterly Loss Of C$289 Million
HEXO Corp. (NYSE: HEXO) reported a staggering net loss of C$289 million for fiscal 2020 second-quarter ending January 31, 2020. The net revenue for Hexo increased 17% to $17 million from $14.5 million in the first quarter. The earnings are reported in Canadian dollars. The loss from operations for the quarter was $289.4 million, compared with a loss of $60.6M in the prior period. The company said that excluding non-cash write-downs and impairment charges in the quarter, the adjusted net loss was ($23.2M) compared with ($34.0M) in Q1’20. This was basically one of those kitchen sink quarters. The company just tossed everything but the kitchen sink into the loss column and just ripped the bandaid off. “We have continued our focus on improving our operations and expanding distribution across Canada. Our strategy with Original Stash has demonstrated that we can directly compete with the black market,” said Sebastien St-Louis, CEO, and co-founder of HEXO Corp. “The industry continues to see... (Canada, Cannabis, Distribution, Extraction, Management, Marketing, Packaging, Production, Products, Testing, Cultivation)
03/30/2020 - 8:07am
HEXO
HEXO Corp Takes $266 Million Impairment Charges
HEXO Corp reports second quarter fiscal 2020 financial results Key Operating Highlights Net Revenue increased 17% to $17.0M from $14.5M in Q1 Adult-use grams and gram equivalents sold increased 57% to 6,579 kg compared to prior quarter Production levels increased to 22,305 kg from 16,107 kg in the previous quarter. Expanded Original Stash market distribution […] (Distribution, Production)
03/30/2020 - 7:59am
HEXO
Hexo Corp (HEXO) reports second quarter fiscal 2020 financial results
HEXO Corp reports second quarter fiscal 2020 financial results Key Operating Highlights Net Revenue increased 17% to $17.0M from $14.5M in Q1 Adult-use grams and gram equivalents sold increased 57% to 6,579 kg compared to prior quarter Production levels increased to 22,305 kg from 16,107 kg in the previous quarter. Expanded Original Stash market distribution to Ontario, British Columbia and Alberta Obtained Phase 1 licence for Belleville facility Obtained sale of cannabis topicals, extracts, edibles and beverages licence for Gatineau facility, and a research licence for the Company Closed a $70M private placement of 8% unsecured convertible debentures, including key management and board participation of over 10% Closed two registered direct offerings totalling USD$45 Million OTTAWA, March 30, 2020 (GLOBE NEWSWIRE) — HEXO Corp. (TSX: HEXO; NYSE: HEXO) (“HEXO” or the “Company”) today reported its financial results for the second quarter fiscal 2020 ended January 31, 2020. All amounts... (Beverage, Canada, Cannabis, Distribution, Edibles, Events, Extraction, Facilities, Investment, Investments, Law, Management, Manufacturing, Marketing, Media, Medical Marijuana, Monitoring, Packaging, Production, Products, Research, Stocks, Testing, Topicals, Extracts, Cultivation)
03/30/2020 - 7:32am
HEXO
HEXO Corp reports second quarter fiscal 2020 financial results
submitted by /u/Asleep-Treacle [link] [comments] ()
03/27/2020 - 6:11pm
HEXO
HEXO Corp to Release Second Quarter 2020 Financial Results and Host Investor Conference Call
submitted by /u/bednarz88 [link] [comments] ()
03/27/2020 - 8:33am
CGC, HEXO
Are Marijuana Stocks On Their Way Back Up In The Market?
The cannabis industry has been extremely up and down over the course of the past three weeks. Although the coronavirus still seems to be very much in effect, it appears as though investors are becoming more and more comfortable with the idea of investing marijuana stocks . The past three weeks have been mostly filled with losses in the whole of the stock market, but many of the leading pot stocks have actually shown gains in the past three days. March 26th, helped to cement three days of very solid gains. [Read More] Pot Stocks Have a Day of Bullish Gains Marijuana Stocks On The Rise During the trading day on March 26th, we saw Tilray ( TLRY Stock Report ) shoot up by as much as 60%, ending the day at around $8.50. This is a massive gain, even for the cannabis market. This gain could show that there may be room for the bulls to begin stepping back into the industry. But, it seems as though it also could be too early to tell what direction the industry is moving in. The coronavirus has... (Canada, Cannabis, Investing, Investments, Investors, Recreational, Stocks)
03/25/2020 - 12:13pm
HEXO
Is Hexo a pot stock to buy? - Stocks Newswire
Is Hexo a pot stock to buy? Stocks Newswire (Stocks)
03/24/2020 - 5:13pm
HEXO
HEXO Corp provides COVID-19 update
submitted by /u/rainbowefreet [link] [comments] ()
03/24/2020 - 10:21am
HEXO, ACB, CGC
Are You Ready for a Cannabis Shortage?
The COVID-19 pandemic could lead to cannabis shortage just when we need it most. Covid 19 affects everyone, but especially the vulnerable, such as those with already compromised immune systems. Many medicinal cannabis patients find themselves in this group, something that serves to underline the importance of preparedness for any supply shortages. Here are some tips to ensure you are ready to weather a potential cannabis shortage. Do You Already Have Your Cannabis Gear? Although the coronavirus doesn’t directly impact the cannabis industry, it does affect the all-important supply chain underpinning the global market that cannabis has become. As more people isolate themselves from normal life, cannabis consumption will likely increase. But supply-chain issues in China, where much of the manufacturing takes place, may well prove to be the biggest threat to supplies. Much of this relates to vape-related hardware, ninety to ninety-five percent of which originate in China but can also mean... (Alcohol, Batteries, Canada, Cannabis, China, Edibles, Events, Facilities, Growers, Growing, Hemp, Illinois, Investors, Legalization, Manufacturing, United States, Cultivation, Security)
03/20/2020 - 4:15pm
HEXO
Here's Why Hexo Is a Cannabis Stock to Own
The company forecasts reporting an asset impairment charge of C$265 million to C$280 million. With the state of the Canadian cannabis sector and the ... (Cannabis)
03/20/2020 - 12:01pm
HEXO
Cannabis Stock News: HEXO Corp. (TSX: $HEXO.TO) (NYSE:$HEXO) Files Amended Annual MD&Amp;A For Fiscal 2019 and Interim MD&Amp;A for Q1 2020 - InvestorIdeas.com
Cannabis Stock News: HEXO Corp. (TSX: $HEXO.TO) (NYSE:$HEXO) Files Amended Annual MD&Amp;A For Fiscal 2019 and Interim MD&Amp;A for Q1 2020 InvestorIdeas.com (Cannabis)
03/20/2020 - 8:32am
HEXO
Will Marijuana Stocks Get A Fresh Start From The Coronavirus
Although the coronavirus scare has been mostly negative for marijuana stocks , there may be one positive to consider. After the months of consistent bearish trading in the industry, it seemed as though something needed to change. Of course, this coronavirus issue is quite serious, and one that is threatening all corners of the globe. But, it may be just what the cannabis industry needs. [Read More] 2 Pharmaceutical Pot Stocks to Watch During These Trying Times Marijuana Stocks May See A Revenue Boost Due To Cannabis Deliveries As top-level pot stocks see massive declines in price, now is a time when many companies and investors are switching up their strategies. This means that once this blows over, hopefully in the not too distant future, we can begin to see upward momentum in the cannabis market once more. The past six months in the cannabis market seem to have been quite unsustainable for future growth. But, with this large catalyst resetting the world’s markets, the cannabis... (California, Cannabis, Florida, Illinois, Investments, Investors, Massachusetts, Nevada, New York, Production, Stocks, United States, Pharmaceuticals)
03/20/2020 - 3:00am
HEXO
Here’s Why Hexo Is a Cannabis Stock to Own - Yahoo Finance
Here’s Why Hexo Is a Cannabis Stock to Own Yahoo Finance (Cannabis)
03/19/2020 - 9:05am
ACB, HEXO
Are These Marijuana Stocks Going To Be De-Listed?
De-listing is a very real issue amongst marijuana stocks right now. Well, this was a much talked about topic a few months ago. With this comes volatility and that has made many large pot stocks show bottom-dollar prices. In the past six months, we have seen the top cannabis stocks in the industry lose much in value. Much of this is due to the market being incredibly young. Yet part of it can be blamed on issues plaguing the industry. Across North America, we have seen supply shortages and the increasing size of the black market take their toll on stock prices. But, with the effect of the coronavirus, many marijuana stocks are falling very close to the stock exchange minimums. [Read More] How This Leading Pot Stock is Responding to the Coronavirus What Issues Are Marijuana Stock Investors Facing? It is difficult to tell whether or not de-listing will occur and if the NYSE and the NASDAQ will give pot stocks a break due to the current unforeseen circumstances. But, rules are rules which... (Canada, Cannabis, Edibles, Investments, Investors, Products, Regulations, Stocks, Topicals, Extracts)
03/17/2020 - 7:13pm
HEXO, CGC, TWMJF
Cannabis and Coronavirus: HEXO delays financial statements, Canopy Growth closes stores
3/17/20–Some cannabis companies have already been affected by the Coronavirus pandemic. HEXO Corp. said it has not met the deadline for filing its interim financial statements for its fiscal second quarter because of several unexpected circumstances, while Canopy Growth announced it has decided to temporarily stop operating all corporate-owned Tokyo Smoke and Tweed retail stores across Canada, respecting the advice provided by various health bodies concerning the COVID-19 outbreak. Read (Canada, Cannabis, Retail Stores)
03/17/2020 - 5:56pm
CGC, HEXO, TWMJF
The Daily Hit: March 17, 2020
It’s time for your Daily Hit of cannabis financial news for March 17, 2020. On The Site Canopy Growth It seems cannabis isn’t as recession-proof as originally thought. While the world hasn’t officially gone into a recession, the cannabis industry has consistently stated it would thrive in downtimes because consumers would continue to make purchases. However, no one ever thought a pandemic would close the doors entirely. That has changed with the news that Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) has made the decision to temporarily close all corporate-owned Tokyo Smoke and Tweed retail locations across Canada, effective at 5:00 p.m. local time today, March 17. “We have a responsibility to our employees, their families, and our communities to do our part to “flatten the curve” by limiting social interactions. For us, that means shifting our focus from retail to e-commerce,” said David Klein, CEO, Canopy Growth . “This is a big decision but it was also an easy one to make – our... (Canada, Cannabis, Medical Marijuana, Products, Recreational)
03/17/2020 - 5:05pm
Cannabis And Coronavirus: HEXO Delays Financial Statements, Canopy Growth Closes Stores - Benzinga
Cannabis And Coronavirus: HEXO Delays Financial Statements, Canopy Growth Closes Stores Benzinga (Cannabis)
03/17/2020 - 5:05pm
HEXO, CGC
Cannabis And Coronavirus: HEXO Delays Financial Statements, Canopy Growth Closes Stores - Yahoo Finance
Cannabis And Coronavirus: HEXO Delays Financial Statements, Canopy Growth Closes Stores Yahoo Finance (Cannabis)
03/17/2020 - 8:51am
HEXO
HEXO CORP. ANNOUNCES DELAY IN FILING OF INTERIM FINANCIAL STATEMENTS AND PROVIDES CERTAIN FINANCIAL RESULTS FOR Q2 2020
HEXO Corp. announced that it has not filed its interim financial... Read the full article " HEXO CORP. ANNOUNCES DELAY IN FILING OF INTERIM FINANCIAL STATEMENTS AND PROVIDES CERTAIN FINANCIAL RESULTS FOR Q2 2020 " on The Daily Marijuana Observer . (Cannabis)
03/17/2020 - 7:27am
HEXO
HEXO Generates $17 Million Revenue in Q2 But Expects $265-280 Million Impairment Charge
Hexo Corp. Announces Delay in Filing of Interim Financial Statements and Provides Certain Financial Results for Q2 2020 OTTAWA, March 17, 2020 (GLOBE NEWSWIRE) — HEXO Corp. (“HEXO” or the “Company”) (TSX: HEXO; NYSE: HEXO) today announced that it has not filed its interim financial statements and related management’s discussion and analysis (“MD&A”) and certifications […] (Management)
03/17/2020 - 6:30am
HEXO
HEXO CORP. ANNOUNCES DELAY IN FILING OF INTERIM FINANCIAL STATEMENTS AND PROVIDES CERTAIN FINANCIAL RESULTS FOR Q2 2020 - GlobeNewswire
HEXO CORP. ANNOUNCES DELAY IN FILING OF INTERIM FINANCIAL STATEMENTS AND PROVIDES CERTAIN FINANCIAL RESULTS FOR Q2 2020 GlobeNewswire ()
03/16/2020 - 7:30pm
ACB, CGC, CNPOF, HEXO, SNDL, CBCA
CIBC Outlines Next Steps in Cannabis Investing
Cannabis investments are set to get hyper-focused, says a new report from a big Canadian bank. In a note issued to investors last Thursday (March 12), John Zamparo, an analyst with CIBC Capital Markets and a tough critic of the cannabis space, indicated that after evaluating balance sheets, cash burn rates and available liquidity he is suggesting very specific cannabis companies. The analyst said Cronos Group (NASDAQ: CRON ,TSX:CRON) and Canopy Rivers (TSX: RIV ,OTC Pink:CNPOF) are “the most ideal names to own in the current environment.” He added that Canopy Growth’s (NYSE: CGC ,TSX:WEED) status as the leading company in the Canadian industry will maintain investor attention. Cannabis experts and market analysts offered valuable insight and 2020 forecasts for the quickly evolving cannabis sector Read our new report on the MJBizConINT'L Conference Give me my free report! “We believe focus among cannabis investors has shifted to minimizing downside; in other words, evaluating cannabis... (Cannabis, Financing, Growers, Investing, Investment, Investments, Investors, Stocks, Cultivation)
03/16/2020 - 5:22pm
HEXO
Hexo Launches Original Stash Hash10
submitted by /u/Ttacount [link] [comments] ()
03/15/2020 - 11:10am
HEXO, ACB
Tilray sells stock for less than $5 a share, and that may not bode well for Aurora and Hexo - MarketWatch
Tilray sells stock for less than $5 a share, and that may not bode well for Aurora and Hexo MarketWatch ()
03/13/2020 - 11:17am
HEXO
Cannabis Stock: Will Hexo Get Delisted Next? - Market Realist
Cannabis Stock: Will Hexo Get Delisted Next? Market Realist (Cannabis)
03/13/2020 - 11:17am
HEXO
Cannabis Stock: Will Hexo Get Delisted Next? - Market Realist
Cannabis Stock: Will Hexo Get Delisted Next? Market Realist (Cannabis)
03/11/2020 - 1:49pm
HEXO
HEXO Stock Drops After Stifel Analyst Gives ‘Sell’ Rating
HEXO stock is in the red today after Stifel analyst W. Andrew Carter initiated coverage on HEXO Corp (TSX:HEXO) (NYSE:HEXO) with a ‘sell’ rating and a price target of a $1.15. Stifel Bearish on HEXO Stock Carter writes that the $1.15 target price and sell rating reflects Stifel’s position that the Quebec pot producer has “precarious positioning” in Canada. He continues to say that HEXO’s ongoing cash crunch and a management “credibility gap” will be difficult to overcome, and there is limited potential to drive the “robust growth outlined by the company.” Carter argues ... Read The Full Article On PotStockNews.com Get the latest marijuana stock news, cannabis on stock news on PotStockNews All content provided by Pot Stock News is subject to our Terms Of Use and Disclaimer . (Canada, Cannabis, Management)
03/10/2020 - 2:52pm
HEXO, APHA
Stifel initiates cannabis producer Aphria coverage with a hold rating, Hexo with a sell - MarketWatch
Stifel initiates cannabis producer Aphria coverage with a hold rating, Hexo with a sell MarketWatch (Cannabis)
03/08/2020 - 2:30pm
ACB, APHA, CGC, HEXO, SNDL
Canadian Cannabis Supply Bottle Neck
Last week one of the subjects we touched on was the perception of oversupply in the cannabis market and the reality that it’s a bit more complex than companies overgrowing. One of the most important things to keep track of with regards to the Canadian LP and the Marijuana Stock market is not just the supply of cannabis, but the ability to bring that dried flower and finished product to market. To understand why things are the way they are currently we must first understand what the initial goals for Canadian legalization were and the issues that brought us to this point. Recreational Cannabis was meant to do two things; Show the progressive nature of Canada & Trudeaus government while simultaneously killing the black market that currently thrives within the country. Health Canada since the beginning has been notoriously slow with the issuance of licenses in Canada to cultivate which in the beginning was a good thing for investors that found early entrants into the sector. As of... (Canada, Cannabis, Colorado, Facilities, Growers, Investments, Investors, Legalization, Recreational, Regulations, Stocks, United States, Dispensaries, Recreational Cannabis, Cultivation)
03/06/2020 - 2:21pm
HEXO
HEXO Stock Hovers Around Lows: All Eyes on Upcoming Earnings
The cannabis industry has not had a great time over the past months and many stocks are trading at abysmal lows. HEXO Corp (TSX:HEXO) (NYSE:HEXO) is one of those stocks, and for some time, HEXO stock has not been particularly favored by investors. The expectations from the market with regards to HEXO’s financial performance are weak, so it’d be wise to keep an eye on any future progress, good or bad. The company might actually end up beating analysts’ estimates due to overall low expectations. One of the most important steps taken by the ... Read The Full Article On PotStockNews.com Get the latest marijuana stock news, cannabis on stock news on PotStockNews All content provided by Pot Stock News is subject to our Terms Of Use and Disclaimer . (Cannabis, Investors, Stocks)
03/05/2020 - 7:35pm
ACB, CGC, HEXO
Canopy Facility Shutdowns, Layoffs ‘Not a Surprise’
Investors shouldn’t be apprehensive about the recent facility shutdowns from the biggest cannabis name in Canada, one portfolio manager said. “It’s a big announcement (but) I don’t think it’s a surprise,” Charles Taerk, CEO of Faircourt Asset Management, a sub-advisor to Ninepoint Partners’ cannabis-focused fund, said in reaction to the shutdown of operations at two key facilities in British Columbia (BC) owned by Canopy Growth (NYSE: CGC ,TSX:WEED). After trading hours on Wednesday (March 4), Canopy confirmed it was closing its facilities in Aldergrove and Delta, BC, eliminating approximately 500 positions. Find out what experts say about profiting from the cannabis market in 2020! Read our FREE 2020 cannabis outlook report! Give me my free report! In an interview with the Investing News Network (INN), Taerk said Canopy’s move to end its operations at these facilities is ultimately a positive one. He noted that rightsizing plans for Canopy had been previously discussed with the... (Canada, Cannabis, Edibles, Facilities, Investing, Investment, Investors, Management, Production, Recreational, Cultivation)
03/05/2020 - 5:38pm
HEXO
Cannabis Stock Hexo Is a Speculative Play Ahead of Earnings - Nasdaq
Cannabis Stock Hexo Is a Speculative Play Ahead of Earnings Nasdaq (Cannabis)
03/05/2020 - 3:00am
HEXO
Cannabis Stock Hexo Is a Speculative Play Ahead of Earnings - Yahoo Finance
Cannabis Stock Hexo Is a Speculative Play Ahead of Earnings Yahoo Finance (Cannabis)
03/04/2020 - 9:03am
ACB, HEXO
How Have Marijuana Stocks Been Impacted By The Coronavirus?
The Coronavirus has taken its toll on marijuana stocks as well as the market as a whole. With many of the most popular pot stocks in the industry taking losses, could this be an opportunity for investors to get in at low prices? Many thought that the issues with the Coronavirus would be short-lived, but as we are seeing, it is becoming a global problem. The issue is that there is a massive unpredictability where the virus could spread. Because of this, investors are fearing that parts of the world could see their production halted, and economies slowed. But as any event usually does, this will likely calm down in the near future. [Read More] Can Pot Stocks Benefit From The Coronavirus? Will These Marijuana Stocks Trade Better In March? So for now, it is difficult to determine when this volatility will end. In the short term, however, it is a great opportunity to find some popular pot stocks to buy that are at bare-bottom prices. There is the possibility that this short term volatility... (Cannabis, China, Investments, Investors, Production, Products, Stocks, Vaporizers, Vaporizers)
02/28/2020 - 8:54am
CGC, HEXO
How Will These Marijuana Stocks Trade After Earnings?
As we know, 2019 was not the best year for marijuana stocks . A combination of high tax rates and a slow rollout of legislation meant that cannabis companies did not live up to investor expectations. But, 2020 is here and with that comes a new range of possibilities for pot stocks . Many companies are making headway this year despite last year’s setbacks. Although the market has been slow to recover. As February comes to an end, there are a few interesting cannabis companies that could show solid fourth-quarter gains. As investors may know, companies that manage over $100 million in assets, are required to file a form titled 13F. This form provides insights into where a given company has invested its money. [Read More] Marijuana Stocks To Watch This Week Will These Two Pot Stocks Pay Off In 2020? With a large amount of big Wall Street firms investing in cannabis, Form 13F will help marijuana stock investors to see what the big-name investment firms are putting their money into. With... (Cannabis, Investing, Investment, Investment Firm, Investments, Investors, Research, Stocks, Investment Firms)
02/27/2020 - 12:57pm
HEXO
HEXO Stock Continues to Hit New Lows on Growing Uncertainty
Many cannabis stocks made a comeback in the New Year, while others continued to struggle. HEXO stock is definitely in the latter category, slumping by 85% from its 52-week high. Analysts Turn Bearish Two analysts recently downgraded HEXO stock and revised their price outlook for HEXO Corp (TSX:HEXO) (NYSE:HEXO). One of the more important concerns is the potential size of the Canadian market. Jeffries analyst Owen Bennett stated that there is a bit too much optimism about the Canadian market, adding that the boost from cannabis 2.0 is going to be virtually “non-existent” in ... Read The Full Article On PotStockNews.com Get the latest marijuana stock news, cannabis on stock news on PotStockNews All content provided by Pot Stock News is subject to our Terms Of Use and Disclaimer . (Cannabis, Growing, Stocks)
02/27/2020 - 12:19pm
HEXO, ACB, OGRMF
Why Aurora Cannabis, Cronos Group, HEXO, OrganiGram Holdings, and Tilray Are Getting Hammered Today - Motley Fool
Why Aurora Cannabis, Cronos Group, HEXO, OrganiGram Holdings, and Tilray Are Getting Hammered Today Motley Fool (Cannabis)
02/27/2020 - 9:44am
HEXO, IIPR, VLNCF, OGRMF
Will These Two Pot Stocks Pay Off In 2020?
With 2019 well behind us, 2020 is a fresh start for pot stocks . For those who watch pot stocks, you’re probably happy to see that 2019 is over and done with. Many issues hit the industry hard during last year’s trading. Some marijuana stocks have been able to bounce back while others are still fighting to hold on. Right now, there is a lot of opportunity with secondary or ancillary pot stocks. These companies offer an alternative to investors looking to find a marijuana stock to watch . There are two main benefits of investing in ancillary pot stocks. [Read More] Marijuana Stocks To Watch This Week First, ancillary companies usually are less volatile than the more pure-play cannabis companies. When volatility strikes pot stocks, it usually hits the largest players first and then it trickles down to the smaller and less involved cannabis companies. This means that often times, ancillary stocks can be a safer choice for more conservative investors. This is not to say that ancillary pot... (Cannabis, Deals, Extraction, Investing, Investments, Investors, Products, Stocks)
02/26/2020 - 4:27pm
HEXO
The Future Looks Bleak for Cannabis Stock Hexo; Here’s Why - Smarter Analyst
The Future Looks Bleak for Cannabis Stock Hexo; Here’s Why Smarter Analyst (Cannabis)
02/26/2020 - 7:34am
HEXO, OGRMF
Canada Finally Surpassed $1 Billion in Total Legal Weed Sales
Photo via After months of slow industry growth, it appears that Canada’s cannabis market is finally looking up. According to the latest report from Statistics Canada and a follow-up breakdown by the Motley Fool , the Great White North’s legal weed industry had its two most successful sales months to date in November and December of 2019. More than $100 million in pot was sold in November, and more than $110 million worth of weed was sold in December. In total, the new sales numbers pushed Canada past $1 billion in legal weed sales since nationwide legalization kicked off in October 2018. When Canada first opened online pot shops and brick and mortar dispensary doors, the nation’s few licensed weed brands were struggling to grow enough bud to supply rising demand . But as time passed, more cultivators came online, and others began to amass supply reserves, Canada’s pot drought disappeared. In addition to seeing increased strain variety and price points on dispensary shelves, the supply... (Canada, Cannabis, Edibles, Legalization, Products)
02/21/2020 - 5:58pm
HEXO
HEXO Stock Drops Following Analyst Downgrade - Motley Fool
HEXO Stock Drops Following Analyst Downgrade Motley Fool ()
02/21/2020 - 1:13pm
HEXO
HEXO Stock Slides After Jefferies Downgrades to Underperform
HEXO stock is in the red on Friday after Jefferies analyst Owen Bennett downgraded HEXO Corp (TSX:HEXO) (NYSE:HEXO) to Underperform from Hold, with a price target of C$1.00, down from C$1.90. Analysts Turn Bearish on Cannabis 2.0 According to Bennett, he believes that Canadian cannabis consensus sales estimates remain too high, and his Cannabis 2.0 analysis finds that economics suggest that the gross margin benefit from new products “may be nonexistent early on.” HEXO Corp has invested heavily in the 2.0 market, with 38 patents filed at the end of the most recent quarter, and plans ... Read The Full Article On PotStockNews.com Get the latest marijuana stock news, cannabis on stock news on PotStockNews All content provided by Pot Stock News is subject to our Terms Of Use and Disclaimer . (Cannabis, Products, Patents)
02/21/2020 - 11:24am
HEXO
Are These Marijuana Stocks At Risk of Being Delisted?
In 2019, marijuana stock investors saw many popular companies begin to list on large U.S. exchanges. After listing, investors believed that this would be a major step forward for the cannabis industry. Soon after uplisting, many of the larger pot stocks began to fall in value. This is due to a combination of factors including poor estimates for cannabis demand and high taxes throughout the market. Although the industry is starting to bounce back, billions of dollars in market capitalizations were lost during that time. [Read More] Is Europe the Next Big Market for Pot Stocks? Currently, many marijuana stocks are suffering from the risk of being delisted from large U.S. exchanges. It is worth mentioning that there is no official statement from either the NYSE or the NASDAQ about the delisting of these pot stocks. Only one of the companies mentioned has received a warning about it being delisted. But, with many marijuana stocks now trading below the $5 mark, the risk of being taken off... (Canada, Cannabis, Grower, Investments, Investors, Production, Stocks, Cultivation)
02/20/2020 - 9:27am
HEXO, CBWTF
Inner Spirit Holdings Ltd. (ISH.CN) Announces Additional Spiritleaf Store Openings in Alberta
Inner Spirit Holdings Announces Additional Spiritleaf Store Openings in Alberta To Bring Total Number of Open Retail Cannabis Stores to 46 Across Canada Inner Spirit Holdings Ltd. (“Inner Spirit” or the “Company“) (ISH.CN), a Canadian company establishing a national network of retail cannabis stores under its Spiritleaf brand, today announced that franchised stores in Sherwood Park and Spruce Grove, Alberta will be opening this week, making Spiritleaf the largest cannabis retail store brand in the province. The Company also announced that its franchise partners have begun construction on four additional Spiritleaf stores in Alberta and that it is awaiting final licensing approval for a store in Kelowna, British Columbia . “We are delivering on the Company’s growth plan by opening additional Spiritleaf cannabis retail stores and obtaining more licences. We will soon have 46 Spiritleaf stores open and serving communities with a premium recreational cannabis shopping experience. We’re... (Canada, Cannabis, Events, Growing, Investments, Marketing, Products, Recreational, Retail Stores, Stocks, Recreational Cannabis)
02/18/2020 - 6:00am
AXIM, HEXO, OTC:HEMP, ACB, ACRGF, CBCA, TRTC, APHA, MJNA, CGC, CVSI, SLNG, ITHUF, KERN, KSHB, NEPT, SMG, STRRF
2020 Top 11 Most Effective Cannabis PR Firms
The cannabis industry is one of the most unique and restricted industries in general, but when it comes to advertising, marketing and public relations, it stands alone in its capabilities and the landscape in which to operate. The keys to any good marketing or PR campaign in cannabis, since advertising is still almost completely illegal to even engage, are creativity, understanding the laws, and relationships. If you have never worked in PR for the cannabis industry, and made the transition into it, you would know there is a learning curve that requires time. No matter how big, long standing or respected a firm may be, it will take 6-12 months to figure out how to navigate the cannabis terrain. Unfortunately, many brands and companies will go and hire the most expensive PR firm in the world, only to find out 3-6 months in, that they would have received 20 times more coverage if they would have gone with a firm that has a sole, or major, focus on cannabis for no less than a year... (Acquisition, Advertising, Beverage, Biotechnology, Brand Development, Branding, Brazil, California, Cannabis, Cannabis and Hemp, CBD, Colorado, Compliance, Consultants, Consulting, Consulting Services, Development, Distribution, Edibles, Education, Events, Extraction, Food, Growing, Hemp, Investment, Investors, Jordan, Legalization, Lighting, Management, Manufacturing, Marketing, Media, Medical Marijuana, Mexico, Michigan, New York, Packaging, Partnerships, Processing, Product Development, Production, Products, Research, Seed to Sale, Social Media, South Africa, Training, United States, Vertically Integrated, Washington, THC, Web Design, Extracts, Financial Services, Pharmaceuticals, Cultivation, Funding, Hedge Fund, Holding Company)
02/18/2020 - 6:00am
AXIM, HEXO, OTC:HEMP, ACB, ACRGF, CBCA, TRTC, APHA, MJNA, CGC, CVSI, EXL, SLNG, ITHUF, KERN, KSHB, NEPT, SMG, STRRF
2020 Top 12 Most Effective Cannabis PR Firms
The cannabis industry is one of the most unique and restricted industries in general, but when it comes to advertising, marketing and public relations, it stands alone in its capabilities and the landscape in which to operate. The keys to any good marketing or PR campaign in cannabis, since advertising is still almost completely illegal to even engage, are creativity, understanding the laws, and relationships. If you have never worked in PR for the cannabis industry, and made the transition into it, you would know there is a learning curve that requires time. No matter how big, long standing or respected a firm may be, it will take 6-12 months to figure out how to navigate the cannabis terrain. Unfortunately, many brands and companies will go and hire the most expensive PR firm in the world, only to find out 3-6 months in, that they would have received 20 times more coverage if they would have gone with a firm that has a sole, or major, focus on cannabis for no less than a year... (Acquisition, Advertising, Beverage, Biotechnology, Brand Development, Branding, Brazil, California, Cannabis, Cannabis and Hemp, CBD, Colorado, Compliance, Consultants, Consulting, Consulting Services, Development, Distribution, Edibles, Education, Events, Extraction, Florida, Food, Growing, Hemp, Investment, Investors, Jordan, Law, Legalization, Lighting, Management, Manufacturing, Marketing, Media, Medical Marijuana, Mexico, Michigan, New York, Packaging, Partnerships, Pennsylvania, Processing, Product Development, Production, Products, Research, Seed to Sale, Social Media, South Africa, Training, United States, Vertically Integrated, Washington, THC, Web Design, Extracts, Financial Services, Pharmaceuticals, Cultivation, Funding, Hedge Fund, Holding Company)