Top 3 Marijuana Stocks That Could Surge in 2024
The demand for cannabis is growing on a global scale. With legalization and decriminalization happening all around the world, many analysts and investors believe that marijuana will be a growing industry in the next decade. Get the latest report on 3 pot stocks set to take off in 2024!
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Shares Stats
| Shares Outstanding | 122,317,000 |
| Shares Float | 115,828,588 |
| Shares Short | 9,574,615 |
| Insider Holdings | 521% |
| Institution Holdings | 9.93% |
About HEXO Corp
HEXO Corp., through its subsidiaries, produces, markets, and sells cannabis in Canada. It offers dried cannabis under the Time of Day and H2 lines; Elixir, a cannabis oil sublingual mist product line; and Decarb, an activated fine-milled cannabis powder product. The company offers its adult-use and medical products under the HEXO brand name. Additionally, it offers cannabis beverages under the Little Victory, House of Terpenes, Mollo, Veryvell, and XMG brand; and cannabis products under Original Stash and Up brand names. The company was formerly known as The Hydropothecary Corporation and changes its name to HEXO Corp. in August 2018. HEXO Corp. was founded in 2013 and is headquartered in Kanata, Canada.
General
| Name | HEXO Corp |
| Ticker | HEXO |
| Exchange | NYSE |
| Sector | Healthcare |
| Industry | Drug Manufacturers-Specialty & Generic |
| Currency | USD |
| Country | USA |
| Fiscal Year End | July |
Highlights
| Market Cap | 974,983,232 |
Financials
| Return on Assets | -0.09 |
| Return on Equity | -0.76 |
| Gross Profit | -57,975,000 |
| Quarterly Revenue Growth | 1.03 |
Valuation
| Price/Sales (Trailing 12 Mt.) | 8.36 |
| Price/Book (Most Recent Quarter) | 1.94 |
Earnings
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