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Tilray Brands Inc takeover target Hexo Corp posts decline in third-quarter financials

Hexo Corporation (NYSE:HEXO), the producer of high-quality cannabis products which has agreed to a takeover by Tilray Brands Inc (NASDAQ:TLRY), has reported.

HEXO Q3 FY23 Revenue Declines 11% QoQ And 53% YoY, Here Are The Details - HEXO (NASDAQ:HEXO)

HEXO Corp. (NASDAQ: HEXO) (TSX:HEXO) released its financial results for the third quarter of the 2023 fiscal year, revealing total net revenue of CA$21.6 million ($16.2 million), an 11% sequential decline.

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