In search of profits, Hexo plans for more ‘right-sizing’ in 2022

Mugglehead
By Kathryn TindaleJan 19, 2022, 5:45 pm225 pts
In a bid to be cash-flow positive before other major players in Canada’s weed market, Hexo Corp. (TSX: HEXO) (Nasdaq: HEXO) is cutting costs and selling out non-core assets. On Wednesday, the Quebec firm provided an update to its “Path Forward” plan to reach cash flow positivity, with ambitious goals for the…

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