FAQs
Did Tilray acquire Hexo? ›
Tilray - Tilray Brands Completes Accretive Acquisition of HEXO Corp. Leading the Next Evolution of Canadian Cannabis.
How much did HEXO pay for Redecan? ›Founded in 2013, HEXO's $925-million acquisition of Redecan will be its largest deal yet, CEO Sébastien St-Louis told Cannabis Business Times.
Is HEXO getting bought out? ›Leading the Next Evolution of Canadian Cannabis. LEAMINGTON, Ontario , June 22, 2023 (GLOBE NEWSWIRE) -- Tilray Brands, Inc.
Where did my Hexo share go? ›Holders of Hexo's common shares have received 0.4352 Tilray share per Hexo share, and Tilray issued roughly 19.5 million common shares in relation to the acquisition. Hexo “expects its common shares to be delisted from the TSX and the Nasdaq shortly,” said the company, now a Tilray subsidiary, in a news release.
What happened to Hexo Corp? ›Leading the Next Evolution of Canadian Cannabis. Tilray Brands, Inc.
Will HEXO be delisted? ›The common shares of HEXO Corp. will be delisted from the Toronto Stock Exchange at the close of business on June 26, 2023. PER HEXO3 CONTRACT: i) 3 common shares of Tilray Brands Inc., and a cash consideration equivalent to 0.0464 (100 x 0.000464) of Tilray Brands Inc.
Who are the largest shareholders of HEXO? ›Largest shareholders include Bank Of Montreal /can/, and Hantz Financial Services, Inc. . HEXO Corp (NASDAQ:HEXO) institutional ownership structure shows current positions in the company by institutions and funds, as well as latest changes in position size.
How much debt does HEXO have? ›| As at | July 31, 2022 | July 31, 2021 |
|---|---|---|
| Current debt | 248,680 | 421,264 |
| Working capital1 | 123,730 | 189,920 |
| Property, plant & equipment | 285,866 | 393,902 |
| Assets held for sale | 5,121 | – |
HEXO has a consensus rating of Hold which is based on 0 buy ratings, 1 hold ratings and 0 sell ratings.
Who owns Tilray? ›Tilray (TLRY) Ownership Overview
The ownership structure of Tilray (TLRY) stock is a mix of institutional, retail and individual investors. Approximately 4.34% of the company's stock is owned by Institutional Investors, 1.54% is owned by Insiders and 94.12% is owned by Public Companies and Individual Investors.
Did HEXO reverse split? ›
HEXO stock (symbol: HEXO) underwent a total of 2 stock splits. The most recent stock split occurred on December 19th, 2022. One HEXO share bought prior to December 23rd, 2020 would equal to 0.017857142857143 HEXO shares today.
How many employees does HEXO have? ›As of May 2024, HEXO Corp has approximately 265 employees across 4 continents, including North AmericaAsiaSouth America. Key team members include Chief Executive Officer And Founder: R. M.Chief Development Officer: J. J. M.
What did Tilray pay for Hexo? ›The arrangement was approved by roughly 93.7% of all votes cast. In April, Tilray entered into a definitive agreement to acquire Hexo for an aggregate purchase price of approximately $56 million (74 million Canadian dollars).
Why did Tilray stock fall so much? ›The mounting losses and poor outlook for the cannabis market have pushed TLRY stock deeper down on the penny stock league tables. At the same time, Tilray was hit with a scathing short seller report this past autumn. Kerrisdale Capital accused the company of intentionally diluting its stock.
What is the price of HEXO stock? ›The Hexo Corp stock price today is 0.8800.
What company did Tilray acquire? ›(“Tilray”, “our”, “we” or the “Company”) (Nasdaq: TLRY; TSX: TLRY), a global lifestyle and consumer packaged goods company, has successfully completed the previously announced acquisition of craft breweries Hop Valley Brewing Company , Terrapin Beer Co., and Revolver Brewing, from Molson Coors Beverage Company (“Molson ...
What is the prediction for HEXO stock? ›The average price target is $1.00 with a high forecast of $1.00 and a low forecast of $1.00. The average price target represents a 40.85% change from the last price of $0.71.