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EXCLUSIVE: Key Insights And 4 Predictions On Cannabis Sector Equity Research For 2024
Tuesday, July 25, 2023 - 2:22pm | 761In an exclusive preview from Zuanic & Associates' recent cannabis equity research report, Benzinga reveals four key predictions for the next 18 months. The SAFE Banking bill is expected to pass in the fall of 2024. Key Senate players will aim for a "midpoint" compromise on add-...
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Tilray's HEXO Acquisition Creates Canada's Top Cannabis Company With 44% Market Share Boost
Friday, June 23, 2023 - 8:58am | 455Tilray (NASDAQ: TLRY) is making bold moves to secure a profitable future, and its latest acquisition of HEXO Corp. (NASDAQ: HEXO) has solidified its position as Canada's top cannabis company with a 44% market share boost, expanding its market share by 467 basis points. Despite a challenging...
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Mike Tyson's Blunt Size Knocks Fans Out: 'Larger Than His Own Head,' Trippie Redd Says
Thursday, June 22, 2023 - 4:41pm | 424Boxing legend Mike Tyson, known for his involvement in the cannabis industry, encountered a humorous incident during a recent episode of his podcast. Rapper Trippie Redd, who was a guest on Tyson's "Hotboxin'" podcast, presented the former world champion with a blunt larger...
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HEXO Corp. Advances Arrangement Agreement With Tilray Brands Inc.
Thursday, May 11, 2023 - 3:57pm | 260HEXO Corp. (TSX: HEXO) (NASDAQ: HEXO) received an interim order from the Ontario Superior Court of Justice advancing its arrangement agreement with Tilray Brands Inc. (NASDAQ: TLRY). In this transaction, Tilray agreed to acquire all of HEXO's common shares through a court-...
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Organigram Takes On Health Canada In Battle For Cannabis Ingestible Extracts Freedom
Friday, April 28, 2023 - 12:37pm | 479In a challenge to Health Canada's recent decision to restrict the sale of cannabis extracts that go beyond the federal 10mg THC packaging limit, cannabis producer Organigram Holdings Inc. (NASDAQ: OGI) filed for a judicial review. Organigram is one of several companies that...
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HEXO's Q2 2023 Financial Report Shows First-Ever Positive Net Income
Thursday, March 16, 2023 - 9:24pm | 320HEXO Corp. (NASDAQ: HEXO), a leading cannabis company, reported its financial results ate Thursday for the second quarter of the 2023 fiscal year. "HEXO held firm to our long-term strategy this quarter and remained focused on our most profitable brands and maintaining fair prices,...
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Canadian Cannabis Companies Being Told To 'Voluntarily Undertake Actions' Here's What's Happening
Friday, January 27, 2023 - 4:01pm | 587Health Canada recently required several cannabis companies to stop selling certain products on the grounds that they were incorrectly labeled as extracts rather than edibles. And now, reports MJBizDaily, Health Canada is looking into cannabis companies that allegedly misclassify...
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HEXO Updates Strategic Plan: Expects $37.5M Incremental Cash Flow In 2022
Thursday, January 20, 2022 - 10:13am | 599Following a recent acquisition spree, HEXO Corp. (TSX: HEXO) (NASDAQ: HEXO), a consumer packaged goods cannabis company, announced in December that it was streamlining its operations to core facilities as part of its ongoing integration plan. HEXO plans to close two 48North plants in Ontario at the...
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HEXO Looks to Streamline Operations After Recent Acquisitions
Thursday, December 2, 2021 - 9:31am | 646Photo by CRYSTALWEED cannabis on Unsplash The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. After a recent acquisition spree, HEXO Corp. (NASDAQ: HEXO) says it is streamlining its...
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Feather Company Taps Former Aurora Exec Shane Morris To Its Board
Friday, November 6, 2020 - 12:32pm | 303Cannabis hardware company Feather Company Ltd. has welcomed Morris and Associates Consulting's CEO, Dr. Shane Morris, to its board. Morris is a former Chief Product Officer at Aurora Cannabis Inc. (NYSE: ACB) with over two decades of experience in science policy. He has held a senior...
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Quarterly Earnings: Namaste, Hexo, KushCO, Delta 9, Liberty Health
Friday, October 30, 2020 - 12:43pm | 964Namaste Net Revenue Spikes 49% YoY In Q3: Namaste Technologies Inc. (TSXV: N) (OTCMKTS: NXTTF) reported Thursday a 49% year-over-year increase in net revenue, reaching CA$5.6 million in the third quarter. CannMart, a subsidiary of the Toronto-based company, generated CA$2....
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Cannabis Movers & Shakers: Blueberries, Harborside, HEXO, Christina Lake, RespireRx
Tuesday, October 27, 2020 - 10:59am | 1024Here is a summary of the latest leadership changes within the cannabis industry. Blueberries Parts Ways With CEO Camilo Villalba Latin American medicinal cannabis producer Blueberries Medical Corp. (CSE: BBM) (OTCQB: BBRRF) confirmed Monday that Camilo Villalba resigned as CEO...