Here's Why HEXO Shares Are Rising

Shares of many cannabis stocks, including Hexo Corp HEXO, are trading higher following an afternoon report Thursday U.S. House Rules Committee has scheduled a Monday-afternoon meeting to prep federal marijuana legalization bill for floor action.

Cannabis advocates have been working tirelessly to bring a bill to federally legalize cannabis, to the House floor again this month… Read More

HEXO is engaged in producing and selling cannabis and cannabis products. The company is focused on smoke-free and traditional cannabis products.

HEXO is trading higher by 6.4% at $0.73. HEXO has a 52-week high of $7.55 and a 52-week low of $0.46.

The greatest investors and entrepreneurs in Cannabis are gathering at the Fontainebleau Miami Beach on April 20-21. Don't miss out.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CannabisPenny StocksSmall CapMarketsMoversTrading Ideaswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Cannabis is evolving – don’t get left behind!

Curious about what’s next for the industry and how to leverage California’s unique market?

Join top executives, policymakers, and investors at the Benzinga Cannabis Market Spotlight in Anaheim, CA, at the House of Blues on November 12. Dive deep into the latest strategies, investment trends, and brand insights that are shaping the future of cannabis!

Get your tickets now to secure your spot and avoid last-minute price hikes.