Redecan Pharm News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Image source: Getty Images Hexo(TSX:HEXO)(NYSE:HEXO) is an intriguing cannabis stock to assess right now. Indeed, Hexo’s stock chart is pretty incredible to look at. Similar to its Canadian peers, Hexo remains well off its speculation-fueled peak in 2019, where the stock was trading well in excess of $40 per share. Today, investors can pick up Hexo stock for around $8.50 at the time of writing. The more recent near-term chart for Hexo looks a lot better. On a year-to-date basis, Hexo stock is up more than 65% at current levels. Like the sector, Hexo has gotten a boost fr...

Redecan Pharm sold for almost $1 billion; GRE Montour family among owners June 2, 2021 164 views By Lynda Powless Editor The family behind the Grand River Enterprise empire may be one of the wealthiest, if not the wealthiest Indigenous families in Canada after Hexco-Corp announced it is buying out Redecan Pharm. Niagara Region’s Redecan Pharm was founded by Peter Montour, Will Montour, the grandsons of the late Pete Montour and Richard Redekop. “Joining the HEXO team will leverage our combined strengths and accelerate our growth within Canada and internationally,” added R...

Hexo Corp. (TSX:HEXO) is buying privately held cannabis producer Redecan Pharm in a deal worth $925 million. Hexo will pay $400 million in cash and $525 million in shares to acquire Redecan. After the deal closes, Redecan shareholders will own ...

BNN Bloomberg VIDEO SIGN OUT It's one of the biggest cannabis producers in Canada, even if it doesn't really have a full-time CEO in place.  But then, based on the run that privately-held Redecan Pharm has had over the past few years, it appears to be doing just fine without one.    "We all wear different hats here," said Will Montour, one of the owners of Redecan, who also manages its sales and marketing operations, in a rare interview with BNN Bloomberg. "Right now, you're talking to the marketing director and one of the head sales guys. This afternoon, I'll probably mop the fl...