Hexo reports Q3 net income C$ (117.2M) vs. C$ (145.0M) last year

Reports Q3 revenue C$21.6M vs C$45.6M last year. “In the third quarter, we entered into a definitive arrangement agreement whereby Tilray will acquire all outstanding shares of HEXO,” said Charlie Bowman, CEO. “We continue to expect the transaction will be completed by June 30, 2023.”