Hexo posts improved third quarter with CA$19.5 million loss

MJBizDaily
By Solomon IsraelJun 11, 2020, 11:21 am236 pts
Canadian cannabis cultivator Hexo Corp. posted a net loss of 19.5 million Canadian dollars ($14.5 million) for the quarter ended April 30 as recreational sales grew and operating expenses shrank from the previous quarter. Hexo’s net loss decreased by 93% from the second quarter, which was marked by a major…

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