Hexo to buy 48North Cannabis for $50M

Mugglehead
By Jared GnamMay 17, 2021, 6:21 pm172 pts
Hexo Corp. (TSX: HEXO) (NYSE: HEXO) is buying competitor 48North Cannabis Corp. (TSX-V: NRTH) in a $50-million all-stock deal that continues the Ottawa-based pot company’s recent acquisition spree. Hexo said Monday that buying Toronto-based 48North will help the firm get closer to its goal of achieving a…

Read Article Share
Share Article
- email
- twitter
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on NewsBudz

Ayr dismisses talk of Connecticut exit amid its other marijuana consolidations 66

Cannabis sales reach new high in April 50

About NewsBudz

NewsBudz is your go-to app for daily cannabis news, covering everything from medical marijuana breakthroughs to recreational cannabis trends and legalization updates.

Our platform aggregates content from over 30 top-tier cannabis news outlets to deliver a curated stream of the latest headlines, insights, and developments across the marijuana and hemp industries.

Whether you're interested in policy reform, health research, cannabis business, CBD, delta 9 products or lifestyle stories, NewsBudz keeps you informed and connected. Accessible on the web and mobile, NewsBudz makes it easy to explore, read, and share cannabis news anytime, anywhere.