Thursday, June 13, 2019

HEXO MED, AN AFFILIATE OF HEXO CORP, SECURES MEDICAL CANNABIS LICENSE IN EUROPE

HEXO MED, AN AFFILIATE OF HEXO CORP, SECURES MEDICAL CANNABIS LICENSE IN EUROPE Hexo Corp.'s affiliate, Hexo MED SA, has received a medical cannabis installation licence. The license, issued by the Greek government, will allow HEXO MED to establish cultivation, processing and manufacturing facilities in the region of Thessaly, Greece. With HEXO Corp's experience in the industry, HEXO MED is poised to become a leader in the European cannabis landscape. "This is a major step for HEXO as we continue to execute towards becoming a top three global cannabis company," said Sebastien St-Louis, HEXO Corp CEO and co-founder. "Receiving licensing in Greece will allow us to bring know-how and brands powered by HEXO to the European market. The new facility will also drive value for current and future Fortune 500 partners by giving them access to licensed infrastructure internationally with the vision of capturing first-mover advantage in the burgeoning European cannabis market." HEXO MED's large-scale high-tech greenhouse and world-class EU GMP facilities will be based on a 67,000 square meter (or 721,182 sq. ft.) plot in Larissa, Greece. The new facilities are expected to initially create 150 jobs in the local community which will continue to scale up as HEXO MED further expands. Construction of the approximately 30,000 square meter (or 323,000 sq. ft.) facility is expected to begin in Q4 2019. About HEXO MED HEXO MED, an affiliate of HEXO Corp, is a vertically integrated pharmaceutical company specialised in medical cannabis. HEXO MED aims to become the highest quality producer and distributor of medical cannabis products throughout Europe. HEXO MED is committed to drive research and development of the cannabis plant in Europe to bring new and innovative medical products to clients. About HEXO Corp HEXO Corp is an award-winning consumer packaged goods cannabis company that creates and distributes innovative products to serve the global cannabis market. Through its hub and spoke business strategy, HEXO Corp is partnering with Fortune 500 companies, bringing its brand value, cannabinoid isolation technology, licensed infrastructure and regulatory expertise to established companies, leveraging their distribution networks and capacity. As one of the largest licensed cannabis companies in Canada, HEXO Corp operates with 2.4 million sq. ft of facilities in Ontario and Quebec. The Company is also expanding internationally. The Company serves the Canadian adult-use markets under its HEXO Cannabis and Up Cannabis brands, and the medical market under HEXO medical cannabis. For more information please visit hexocorp.com. We seek Safe Harbor. © 2019 Canjex Publishing Ltd. All rights reserved.

Wednesday, April 10, 2019

Village Farms Ready To Start To Run Again- CIBC Accumulates $58 Million in 30 Days


VFF Is The Bottom in?



House Positions for C:VFF from 20190410 to 20190410
HouseBought$ValAveSold$ValAveNet$Net
79 CIBC1,000,62718,105,37318.094700,76312,711,90318.14299,864-5,393,470
7 TD Sec532,9349,653,34518.114443,6108,015,67318.06989,324-1,637,672
85 Scotia179,5593,256,15018.134126,1292,285,97218.12453,430-970,178
87 Beacon51,000922,10818.081051,000-922,108
2 RBC232,0634,201,19018.104197,0173,566,91518.10535,046-634,275
124 Questrade105,2451,909,18518.1470,7731,281,20918.10334,472-627,976
80 National Bank103,1251,874,89718.18168,7351,250,14718.18834,390-624,750
88 Credential38,983709,30718.19526,512480,19218.11212,471-229,115
13 Instinet98,5001,780,29218.07488,6251,604,49118.1049,875-175,801
19 Desjardins14,775268,51018.1737,010126,55418.0537,765-141,956
5 Penson74,8051,352,39518.07967,7061,228,14818.1397,099-124,247
65 Goldman4,50081,74118.1651,61229,22118.1272,888-52,520
143 Pershing3,52464,55218.3181,76732,11718.1761,757-32,435
94 Hampton1,00018,13018.1301,000-18,130
99 Jitney43,500786,55518.08242,700772,59818.094800-13,957
33 Canaccord5008,99517.990500-8,995
68 Leede1,00018,11618.1161,00018,01518.0150-101
62 Haywood5008,92017.845008,98017.96060
89 Raymond James1001,79217.922504,52218.088-1502,730
57 Interactive4,70085,54218.205,00089,83517.967-3004,293
36 Latimer2,44544,15618.063,47962,90618.082-1,03418,750
9 BMO Nesbitt81,0161,464,91618.08285,2691,537,52718.031-4,25372,611
28 BBS65511,80318.025,35098,42818.398-4,69586,625
39 Merrill Lynch75,0601,358,13318.09482,4351,489,99518.075-7,375131,862
53 Morgan Stanley4,30077,44918.01122,394404,16718.048-18,094326,718
8 Eight020,000361,98818.099-20,000361,988
72 Credit Suisse36,535657,65018.00164,7001,164,47217.998-28,165506,822
1 Anonymous683,13612,358,11018.091,240,75122,453,33718.097-557,61510,095,227
TOTAL3,374,08761,079,31218.1023,374,08761,079,31218.10200

Tuesday, April 9, 2019

Beacon Securities analyst Doug Cooper nearly doubled his share target for Village Farms International To $60.00





Globe says Village Farms International kept at "buy"

2019-04-03 08:16 ET - In the News
The Globe and Mail reports in its Wednesday edition that Beacon Securities analyst Doug Cooper nearly doubled his share target for Village Farms International ($20.04) in the wake of Monday's announcement that its 50-per-cent-owned joint venture, Pure Sun Farms, has exercised its option on the existing 1.1-million-square-foot Delta 2 greenhouse facility in Delta, B.C. The Globe's David Leeder writes in the Eye On Equities column that Mr. Cooper says in a note: "This will double the size of PSF's footprint ... to 2.2 million square feet. We believe this catapults PSF to top-3 status in terms of scale of all of the Canadian LP's in terms of domestic capacity. As a reminder, PSF also has an option on D1 (2.4 million SF), which is available until Sept. 28, 2021. If that is optioned, we believe PSF will be the largest Canadian LP and could ultimately have 30-40-per-cent market share in Canada." With an unchanged "buy" rating, Mr. Cooper hiked his share target to $60 from $32. Analysts on average target the shares at $41.25. Mr. Cooper adds, "In terms of total production, our recent site visit confirmed that PSF is currently on a 50-55,000 kilogram run-rate (making it one of, if not the largest Canadian producer."

© 2019 Canjex Publishing Ltd. All rights reserved.