Cannabis producer Hexo ends year with CA$546 million loss

MJBizDaily
By Matt LamersOct 30, 2020, 10:06 am199 pts
Canadian marijuana producer Hexo reported a net loss of 170 million Canadian dollars ($127 million) for its fourth quarter, ending its 2020 fiscal year with a CA$546 million loss. The quarterly loss accounts for inventory write downs (CA$42 million), impairment (CA$46 million), in addition to a CA$54 million…

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