Hexo books CA$298 million net loss in second quarter

MJBizDaily
By Solomon IsraelMar 30, 2020, 12:50 pm120 pts
Major Canadian 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. An impairment charge for disposing of a Niagara, Ontario cannabis cultivation facility bought…

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