Cannabis company Hexo’s stock craters on bad news

MJBizDaily
By Jenel Stelton-HoltmeierOct 11, 2019, 3:45 pm319 pts
(This story is part of MJBizDaily’s premium subscription service, Investor Intelligence.) Days after Hexo’s CFO resigned, the marijuana company announced a huge miss to fiscal fourth-quarter revenue and withdrew its 2020 revenue guidance. The stock has fallen roughly 29% on the news. The stock move isn’t…

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