Hexo Corp (TSX:HEXO)

Healthcare

HEXO Corp is a leading licensed cannabis company based in Canada. The company creates and distributes consumer packaged cannabis products in the global market.

It operates with two million square feet facilities in Ontario and Quebec.

HEXO Corp will reportedly partner with Fortune 500 companies as part of its national expansion strategy.

The cannabis producer claims to be an award-winning company that provide easy-to-use and easy-to-understand products in the Canadian markets.

Author and entrepreneur Sebastien St-Louis co-founded the company in 2013, incorporated as The Hydropothecary Corporation. Following the advent of the legalized cannabis market, the company changed its name to HEXO Corp in 2018.

HEXO Corp produces and sells cannabis goods in the adult-use market and medical market. It provides products in the Canadian adult-use markets under the brands:

• HEXO Plus
• UP Cannabis
• Original Stash
• Bake Sale

The Ottawa-based firm claims to follow industry-led norms to ensure products' quality at every stage of production.

It also caters to the medical market through HEXO Medical Cannabis.

The company also provides cannabis-infused beverages under a joint venture with Molson Coors. Some of the brands include Little Victory, Veryvell, XMG brand, House of Terpenes, and Mollo.

HEXO Corp also delivers dried cannabis, peppermint-based cannabis oil products, sublingual-mist spray, an activated fine-milled cannabis powder under the brand Decarb, dried flowers, and intimate-use cannabis oils.

The company claims to provide high quality and safe consumer-preferred products in the Canadian cannabis market.

It also claims to provide a supportive work environment to the staff and aims to be a world-class company.

HEXO Corp also says it provides career development, employment-generating programs for the staff and other stakeholders.

It reportedly engages in academic education and research investments, including educational programs for retail partners, providing support to food security and health organizations.

HEXO Corp provides innovative smoke-free options, which are naturally grown and tested.

Under the sustainable approach, the company claims to invest in water conservation like rainwater harvesting, reforestation project with Tree Canada, minimizing electricity consumption and opting for recycling and composting programs.