Why Did HEXO (TSX:HEXO) Cannabis Stock Jump 38%?

HEXO (TSX:HEXO)(NYSE:HEXO) stock has been in trouble. Since April, shares have shed 75% of their value. This once multi-billion-dollar stock is now being valued at just $750 million. HEXO isn’t alone. The entire industry has experienced intense pain this year. Most cannabis ETFs are down at least 50%. Nearly every pot stock has been crushed. Yet the pain could finally…

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New Cannabis Data Proves Why This Market Is Still Heading Higher

The cannabis market has gone cold — or at least the stocks have. This year, most marijuana ETFs are down more than 50%. Stocks of both big and small companies alike have cratered. Nearly every competitor has been impacted. This type of contraction is commonplace in emerging markets. According to the Gartner hype cycle, a well-known tool for predicting the…

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