Hexo cuts losses, bets big on pot drinks

Mugglehead
By Jared GnamDec 14, 2020, 10:15 pm195 pts
While Canadian sales for cannabis drinks continue to lack fizz, Hexo Corp. (TSX: HEXO) says not to give up on the category just yet. On Monday, the Ottawa-based producer reported results for the first quarter ended Oct. 31, booking a net loss of $4.2 million on net sales of $29.5 million. It was a major…

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