Hexo (TSX:HEXO) Stock Is up 123% Year to Date: Is This Sustainable?

$2.1 billion Hexo (TSX:HEXO) can be classified as one of the many cannabis companies that are flying high in a race to capture as much of the multi-billion cannabis market as possible. With a product offering including pre-rolls, flower, oil, and decarb products, the company has 1.8 million square feet of facilities in Ontario and Quebec and is working hard…

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Why Cronos Group Inc’s (TSX:CRON) Q4 Results Weren’t Good Enough to Give the Stock a Boost

Cronos Group (TSX:CRON)(NASDAQ:CRON) released its quarterly results yesterday in what was its first quarter that included recreational pot sales. The period ending December 31 saw revenues increase from $1.6 million to $5.6 million, for a year-over-year improvement of 248%. Although dried cannabis sales of $4.2 million were the bulk of the company’s top line, it was cannabis oil that saw the…

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