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Benzinga
Benzinga
Business
Henry Khederian

Here's Why HEXO Shares Are Rising

HEXO HEXO Corp Nasdaq

Shares of many cannabis stocks, including Hexo Corp (NASDAQ: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.

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