Advertisement

Will a Change in Leadership Turn Things Around for Hexo?

Will a Change in Leadership Turn Things Around for Hexo?

Bruce Linton (Canopy Growth), Vic Neufeld (Aphria -- which is now part of Tilray), Terry Booth (Aurora Cannabis), and Greg Engel (OrganiGram Holdings) are all former CEOs who left their positions atop their respective cannabis companies in recent years. The latest to join that list is Sebastien St-Louis of marijuana producer Hexo (NASDAQ: HEXO). What made the Hexo announcement unique was the catalyst behind it: a shareholder letter.