Hexo’s CEO and co-founder said the company has done “some pretty heavy lifting” as it works towards profitability in 2020.
No longer in operation after Hexo announced on Oct. 24 it was winding it down.
Withdraws 2020 outlook, citing slower pot store rollouts and early signs of pricing pressure.
A wave of cannabis-infused beverages is coming as Canada welcomes legal edibles in December.
Venture with The Hydropothecary Corporation will be a standalone start-up with its own board and management team.