The company enjoys the highest market share in the Canadian medical cannabis market, with partners including CannaMedical and Shoppers Drug Mart. We're already seeing issues with the launching of retail stores that have inhibited growth in this market. It offers dried cannabis under the Time of Day and H2 lines; Elixir, a cannabis oil sublingual mist product line; and Decarb, an activated fine-milled cannabis powder product. By providing my email, I consent to receiving messages from Stockhouse. Most importantly, the company was included as a supplier for Ontario's recreational marijuana market. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. NYSE and AMEX data is at least 20 minutes delayed. It has become further a mess post the announcement of a delay in the release of the earnings report of fiscal 2020 Q2. Stock Advisor launched in February of 2002.
However, Aurora Cannabis also has a much higher capacity and greater sales than Hexo does. I think it will take longer for the company's growth to justify its valuation than many think it will. Keith began writing for the Fool in 2012 and focuses primarily on healthcare investing topics. The U.S.-listed shares of Hexo Corp. sank 8.0% in premarket trading Wednesday, after the Canada-based consumer packaged goods cannabis company announced a C$34.5 million ($25.5 … That was the largest forward-supply contract in the history of the cannabis industry.
Cookies are used to offer you a better browsing experience and to analyze our traffic. It has become further a mess post the announcement of a delay in the release of the earnings report of fiscal 2020 Q2. ICC has around 70% of the market share in Uruguay, the first country to legalize recreational marijuana.
Market data powered by FactSet and Web Financial Group. But it's the international marijuana markets that present the greatest opportunity for Aurora Cannabis. My hunch is that HEXO will indeed secure another major partnership or two. @themotleyfool #stocks $HEXO, If You Invested $1,000 in HEXO's IPO, This Is How Much Money You'd Have Now, HEXO Corp. (HEXO) Q2 2020 Earnings Call Transcript, 3 Marijuana Stocks to Avoid Like the Plague in March, Copyright, Trademark and Patent Information. How did I arrive at this figure? Aspire filed a Motion to Dismiss Hemostemix's amended complaint on August 14, 2020 and Hemostemix filed a response to Aspire's Motion to Dismiss on August 28, 2020. Post-Market 0.00 (0.03%) Returns as of 09/24/2020. Keith began writing for the Fool in 2012 and focuses primarily on healthcare investing topics. Cumulative Growth of a $10,000 Investment in Stock Advisor, Where Will HEXO Be in 5 Years? HEXO Corp. HEXO 0.69 0.02 (2.82%). Montoro Resources; 4-5 exciting properties, C$4.5M enterprise value, too cheap to ignore? Cumulative Growth of a $10,000 Investment in Stock Advisor, Better Marijuana Stock: Aurora Cannabis vs. Hexo Corp. @themotleyfool #stocks $ACB $HEXO, top marijuana producer in the world based on capacity, biggest marijuana market outside North America, 3 Trends Robinhood Investors Can't Stop Buying Into, The 5 Worst Stocks Robinhood Investors Love, 3 Top Robinhood Stocks to Avoid Like the Plague in September, These Popular Robinhood Stocks May Lose 50% (or More) of Their Value, 2 Marijuana Stocks Trading Near or Below Their Book Value, Copyright, Trademark and Patent Information. Stock analysis for HEXO Corp (HEXO:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile.