Cannabis company Hexo’s stock craters on bad news

On: October 11, 2019

(This story is part of MJBizDaily’s premium subscription service, Investor Intelligence.) Days after Hexo’s CFO resigned, the marijuana company announced a huge miss to fiscal fourth-quarter revenue and withdrew its 2020 revenue guidance. The stock has fallen roughly 29% on the news. The stock move isn’t a surprise; this was a massive miss. Management expects this […]

Cannabis company Hexo’s stock craters on bad news is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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