52 Week Range
As of on the Toronto Stock Exchange ∙ Minimum 15 minute delay
Canadian cannabis producer Hexo Corp <HEXO.TO> said on Thursday it cut 200 jobs as it controls costs amid slower than expected store rollouts and as the government delays approval for cannabis derivative products.
Canadian cannabis producer Hexo Corp said on Thursday it cut 200 jobs as it controls costs amid slower than expected store rollouts and as the government delays approval for cannabis derivative products.
Canadian cannabis producer Hexo Corp <HEXO.TO> pulled its 2020 forecast on Thursday, blaming an uncertain environment and slow store rollouts due to delays in cannabis derivative approvals, sending its U.S. shares tumbling 23%.
Canadian pot producer Hexo Corp withdrew its forecast for next year on Thursday, citing regulatory uncertainty around the cannabis market and a slower rollout of its retail stores, driving shares down 18%.
Canada's main stock index fell at open on Monday, led by losses in shares of cannabis producer Hexo Corp after its chief financial officer resigned, as well as concerns over the outcome of the U.S.-China trade talks this week.
Molson Coors Brewing Co's Canadian arm will make cannabis-infused drinks along with marijuana producer Hydropothecary Corp, betting on a promising market as beer sales stagnate in North America.
The Canadian unit of Molson Coors Brewing Co said on Wednesday it will form a joint venture with marijuana-producer Hydropothecary Corp to make non-alcoholic, cannabis-infused drinks for the Canadian market.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.