Canadian cannabis producer Hexo reported a net loss of 4.2 million Canadian dollars ($3.2 million) for the quarter ended Oct. 31, 2020, a significant improvement over its CA$170 million loss in the previous three-month period. The Ottawa, Ontario-based company saw net revenue rise 8.8% quarter-over-quarter to CA$29.5 million, the company announced Monday. Adjusted EBITDA, a […]
Hexo doubles down on cannabis beverages, cuts loss to CA$4.2 million is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
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