Cannabis Watch: Hexo shares a bright spot in weak cannabis sector as revenue jumps in latest quarter

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Hexo Corp. shares were a bright spot in a lackluster cannabis sector Thursday, after the Canadian company posted results for its latest quarter, showing a narrower loss and big jump in revenue as the legal adult-use market in Canada kicked off. Quebec-based Hexo’s U.S.-listed shares HEXO, +3.19%  rose 3.4%, while its Toronto Stock Exchange-listed shares HEXO, +3.83% rose about 5%, as most of its rivals fell.

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