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Aug. 30, 2022, 7:47 a.m. EDT

Canada's Hexo to sell Tyson 2.0 cannabis

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By Steve Gelsi

Hexo Corp. /zigman2/quotes/206508254/composite HEXO +0.48% /zigman2/quotes/200008967/delayed CA:HEXO 0.00% said Tuesday it inked a deal to be the exclusive Canadian producer of Tyson 2.0 cannabis products including premium and affordable cannabis flower, concentrates and consumables. Tyson 2.0 co-founder Mike Tyson said, "Canadians have been eager to try the Tyson 2.0 line." Financial terms of the deal were not disclosed. Tyson told MarketWatch earlier this month that Tyson 2.0 remains a bigger focus for him than other business ventures. Shares of Hexo are down 70.3% in 2022, compared to a 55.5% loss by the Cannabis ETF /zigman2/quotes/213173823/composite THCX +3.92% .

/zigman2/quotes/206508254/composite
US : U.S.: Nasdaq
$ 0.17
+0.0008 +0.48%
Volume: 3.51M
Nov. 30, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$97.40 million
Rev. per Employee
$218,512
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/zigman2/quotes/200008967/delayed
CA : Canada: Toronto
$ 0.22
0.00 0.00%
Volume: 403,819
Nov. 30, 2022 3:59p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$132.22 million
Rev. per Employee
$277,363
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/zigman2/quotes/213173823/composite
US : U.S.: NYSE Arca
$ 3.18
+0.12 +3.92%
Volume: 22,045
Nov. 30, 2022 3:59p
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