With the arrival of fall comes cannabis business awards season, and Quebec-based HEXO Corp (TSX: HEXO; NYSE: HEXO) has snagged one of many first main trophies.
The Develop Up Convention and Expo passed off final week in Niagara Falls, Ontario to have fun craft growers, cultivators, and analysis groups.
HEXO grower Agnes Kwasniewska took dwelling the Grasp Grower Of The Yr award, beating out 9 different nominees from Truro Natural, WeedMD, Zenabis, Sundial, CannTx, and extra.
This win follows her naming as the highest cultivator final yr in BotaniQ’s Energy 10 of the Canadian Hashish Business awards. Discussing this newest acknowledgement from the Develop Up Convention, Kwasniewska commented:
I’m honored to obtain this award. That is nice recognition for the whole cultivation crew and HEXO’s concentrate on constant, high-quality merchandise.
With the Develop Up Expo Awards now over, further cannabis-focused North American enterprise conferences and awards exhibits are attributable to happen within the coming months.
Entries at the moment are open for the 2019 Canadian Hashish Awards, with candidates capable of submit merchandise by way of late October. The awards gala will then be held on November Eight on the Fairmont Royal York Resort in Toronto.
Final yr’s iterations of that awards present was dominated by the now disgraced CannTrust, which continues to be attempting to outlive a Well being Canada audit after a non-licensed rising scandal.
On the U.S. aspect of the enterprise., the Hashish Enterprise Awards will happen in Miami on October 27. That showcase will characteristic quite a lot of superstar appearances, together with former Miami Dolphins soccer participant Ricky Williams.
In different latest HEXO Corp information, co-founder and Chief Model Officer Adam Miron stepped down from his place again in July. Final month the corporate moreover added 18 new merchandise to its lineup accessible by way of the Ontario Hashish Retailer.
These new product choices embody the corporate’s Helios dried flower, which managed to win the Greatest Sativa class on the O’Cannabiz 2019 Business Awards.
HEXO’s inventory is presently buying and selling at a worth of $4.18 a share as of Tuesday morning, affected by the identical meteoric crash that each one licensed cannabis producers skilled through the spring. The value has since dropped almost in half from a excessive of $8.28 again in late April.