Achieved positive net income for the first time in Company history
Adjusted gross margins increased from 40% to 45% while maintaining pricing
SG&A and operating expenses continued to. | March 16, 2023
HEXO Reports Q2 23 Financial Results streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
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Hexo says the Truss Beverage operations – a joint venture with Molson Coors Canada – are not affected by this change and will continue to operate out of the Belleville plant.
GATINEAU, Que. Hexo Corp. says it will close its Belleville facility this summer affecting 230 employees as it further streamlines operations. The Gatineau, Que.