Off-market insider buying at HEXO (HEXO)

Off-market insider buying at HEXO (T:HEXO)

Updated Tuesday May 26, 2020 04:39 AM EDT
Vincent Chiara, a Director, acquired 233,340 Common Shares on an indirect ownership basis for registered holder SMA Trust at a price of $0.900 through a prospectus or prospectus exempt offering on May 21st, 2020. This represents a $210,006 investment into the company's shares and an account share holdings change of 3.0%.

In addition, Michael R. Munzar, a Director, acquired 111,120 Common Shares on an indirect ownership basis for registered holder 159927 Canada Inc. at a price of $0.900 through a prospectus or prospectus exempt offering on May 21st, 2020. This represents a $100,008 investment into the company's shares and an account share holdings change of 6.7%.

HEXO is in the Pharmaceuticals Sub Industry Group under the Healthcare Sector.

Hexo Corp, formerly Hydropothecary Corp, is a Canada-based company that creates and distributes products to serve the Canadian cannabis market. The Company operates with an approximately 300,000 square feet of production capacity. The Company serves the adult-use market under the HEXO brand, while it serves its medical cannabis clients through the Hydropothecary brand. The following are the Company's products under the Hydropothecary brand: Time of Day product line, which includes dried marijuana buds for morning, midday, after dinner and bedtime; Hydrogen (H2) classical medical marijuana line, which includes Papaya Grove, Green Chai and Kush dried marijuana buds, among others; Decarb ready to consume activated marijuana powder; Elixir cannabis oil sublingual spray, as well as Fleur de Lune intimate cannabis oil.


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