You are here
HEXO receives licensing for two more zones in 250,000 sq. ft. greenhouse expansion
GATINEAU, Quebec, June 26, 2018 (GLOBE NEWSWIRE) -- The Hydropothecary Corporation (TSX:HEXO) (“HEXO” or “The Company”) is pleased to announce that four zones of its 250,000 sq. ft. greenhouse expansion are now licensed by Health Canada.
HEXO creates and distributes innovative, easy-to-use and easy-to-understand products to serve the Canadian cannabis market. One of the country’s lowest-cost producers, HEXO is rapidly increasing its production capacity in the lead up to the adult-use cannabis market. The Company currently operates with 300,000 sq. ft. of production capacity and has another 1,000,000 sq. ft. expansion set to be complete by year end. HEXO will serve the adult-use market under the HEXO brand, while continuing to serve its medical cannabis clients through the well-known Hydropothecary brand.