Canadian cannabis producer Hexo’s sales decline as net loss grows

Federally licensed cannabis producer Hexo recorded net revenue of 14.5 million Canadian dollars ($11 million) in its most recent quarter, down slightly from the previous quarter’s CA$15.4 million. The Gatineau, Quebec-based company’s net loss widened to CA$62.4 million in the period ending Oct. 31 from CA$56.7 million in the last quarter. About three-quarters of the

Canadian cannabis producer Hexo’s sales decline as net loss grows is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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George Scorsis

Originally posted on Canadian cannabis producer Hexo’s sales decline as net loss grows via George Scorsis Medical Marijuana News