Cannabis company Hexo Corp. reports $62.4M first-quarter loss

The loss amounted to 24 cents per diluted share for the quarter ended Oct. 31, compared with a loss of seven cents per share a year ago when the company had fewer shares outstanding.Net revenue for what was the first quarter of the company's financial year totalled $14.5 million, up from $5.7 million a year ago.

The company said it took a corporate restructuring charge of $3.7 million in the quarter related to severance and other payroll related termination costs.

Over priced low quality garbage.

Allow the government to dictate how you run your business and shit happens.

I know a 16 year old kid who hangs out in the smoking area of our local school who could probably help them turn things around. 😂

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Cineplex Set To Be Sold To U.K. Company For $2.8 BillionThe Toronto-based company is Canada's largest chain of movie theatres Does the new company make good popcorn? I still miss empire theatres popcorn.
Fuente: HuffPostCanada - 🏆 61. / 53 Leer más »