Will Molson Coors + HEXO Corp. Dominate #Cannabis Industry?
Research analyst Matt Clark looks at Canada-based HEXO Corp.’s stock. HEXO produces, market and sells cannabis products. It made news earlier in 2020 when it struck a deal with Molson Coors to produce CBD beverages in Colorado. HEXO has hit headwinds, and its stock reflects that. It trades well under $1 today. But can HEXO get past these struggles with new products, such as its Veryvell™ drops? Watch this video to find out how HEXO stock ranks and whether a turnaround is possible.
0:41 — About HEXO
2:19 — HEXO financials
11:24 — HEXO stock score
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About Matt Clark: Matt Clark is a 25-year journalism veteran covering topics from college sports to politics and business. Over the course of his career, he has been awarded for investigative journalism, business reporting, editorial writing and sports coverage. Now, he’s the research analyst for Money & Markets, where he also hosts The Bull & The Bear podcast — available on Apple Podcasts, Spotify and Google Podcasts.
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#HEXOCorp #cannabis #potstocks #marijuana