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HEXO Corp announces acquisition of Redecan to create

Combined company would hold number one market-share in Canadian recreational cannabis and hold number one positions in four of Canada’s largest markets:. ....

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HEXO Corp. (HEXO) announces acquisition of Redecan for $925 million

HEXO Corp. (HEXO) announces acquisition of Redecan for $925 million
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Cannabis producer HEXO to buy privately held Redecan in deal worth $925 million

Article content
Cannabis producer HEXO Corp. is acquiring Redecan, Canada’s largest privately-owned licensed cannabis producer with a hefty portfolio of brands, in a $925 million cash-and-share deal.
The proposed transaction is intended to create a more competitive platform in Canada that is positioned for further expansion into the United States, said Sebastien St-Louis, chief executive and co-founder of publicly traded HEXO.
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Cannabis producer HEXO to buy privately held Redecan in deal worth $925 million Back to video
It would combine Ottawa-based HEXO, a dominant player in Quebec, with a product-dominant player in some of the largest markets in other parts of the country including British Columbia, Alberta and Ontario, St-Louis said in an interview. ....

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