Cannabis

Is HEXO Stock A Better Long-Term Investment Option Now?

The market has rebounded somewhat in recent days in the hopes of the reopening of the economy following the coronavirus pandemic induced lockdown. However, the situation has not been great with pot stocks, which have continued to remain depressed. That being said, it is also true that it could be the perfect opportunity for investors to make clever investments in some of the notable pot stocks in the market. One of the pot stocks that stand out at this point in time is the HEXO Corp (TSX:HEXO) (NYSE:HEXO). There are some factors that make it one of the more compelling … Read More

stocks

How Should You Trade HEXO Stock Now?

In recent times, the Canadian cannabis industry has gone through a lot of difficulties, and most of the companies have been suffering. One of the companies that stand out in this regard is HEXO Corp (TSX:HEXO) (NYSE:HEXO). The company seemed to have turned a corner after it signed its largest wholesale supply agreement with Quebec.

Key Analysis

However, that turned out to be a false dawn as other problems cropped up, and the stock is now trading at $0.50 a share. As a result, the Hexo stock is possibly one of the more avoidable cannabis stocks in the market at … Read More