Cannabis producer Hexo to list on NYSE American

Canadian marijuana producer Hexo Corp. said early Thursday that it has been approved for listing on the NYSE American exchange, and will begin trading Jan. 23. Hexo’s current over the counter listing in the U.S. is up 1.9% in Thursday trading. Hexo follows other Canadian licensed cannabis producers such as Aurora Cannabis Inc. and Canopy Growth Corp. , which have also listed on U.S. exchanges. Hexo and Molson Coors Brewing Co. have signed a joint venture to develop non-alcoholic, cannabis infused beverages. ETF Alternative Harvest ETF , which tracks a basket of pot stocks, is up less than 0.1% in midday trading.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


Source

Leave A Reply

Your email address will not be published.