Cannabis Watch: Hexo denies cannabis facility is affected by flood as stock suffers

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Cannabis producer Hexo Corp.’s stock dropped 4% in Tuesday trading amid concerns about flooding near its production facility in Gatineau, Quebec, but the company said the facility was not at risk. R

ecord flooding has hit the Ottawa River, according to multiple reports from Canadian media, affecting Canada’s capital and several neighboring cities, including Gatineau, where Hexo’s HEXO, -4.29% HEXO, -4.05%  cannabis facilities are located.

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