Hexo books CA$298 million net loss in second quarter

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Major Canadian cannabis producer Hexo posted a second-quarter net loss of 298.2 million Canadian dollars ($210 million) on Monday, nearly five times larger than the CA$62.4 net loss reported in the previous quarter. An impairment charge for disposing of a Niagara, Ontario cannabis cultivation facility bought from Newstrike Brands last year comprised almost half that […]

Hexo books CA$298 million net loss in second quarter is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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