Quebec cannabis producer Hexo postponed the release of its financial results, which were expected Thursday, after announcing a plan to raise 70 million Canadian dollars ($53 million) in a private placement. In a news release, Hexo said the delay was due to “the (private placement) financing and additional time required to finalize” its year-end filings.
Marijuana producer Hexo delays earnings release, announces CA$70 million private placement is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
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Originally posted on Marijuana producer Hexo delays earnings release, announces CA$70 million private placement via George Scorsis Medical Marijuana News
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