HEXO

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Sebastien St-Louis's photo - President & CEO of HEXO

President & CEO

Sebastien St-Louis

CEO Approval Rating

85/100

Founded:

2013

Status:

PublicIndependent CompanyTMX Group - Toronto Stock ExchangeHEXO

Annual Revenue
$82.5M
Employees
798

HEXO TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

Sebastien St-Louis

President & CEO

- -
798
$958M
$82.5M
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1

David Klein

CEO

98/100
2,362
$5.2B
$433.4M
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2

Miguel Martin

CEO

80/100
2,380
$969M
$270M
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3

Peter Amirault

Executive Chairman

84/100
633
$503.6M
$60.2M
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4

Joseph Dowling

CEO

76/100
78
$16.6M
$29.3M
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5

Michael Cammarata

President & CEO

72/100
165
$150.2M
$59.7M
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6

Beena Goldenberg

President & CEO

85/100
400
$305.6M
$44.1M
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7

Eric A Adams

President & CEO

96/100
13
$30M
$ < 1M
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8

Justin Gover

CEO

86/100
1,161
$31M
$559M
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9

CEO

- -
220
$75M
$32M
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10

CEO

- -
50
- -
$18M
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Missing a competitor? Contribute!

CGC is HEXO's biggest rival. CGC was founded in Smiths Falls, Ontario} in 2012. Like HEXO, CGC also competes in the Cannabis Products sector. Compared to HEXO, CGC generates $350.9M more revenue.

Aurora is HEXO's #2 rival. Aurora's headquarters is in Edmonton, Alberta, and was founded in 2013. Like HEXO, Aurora also competes in the Cannabis Products space. Aurora generates 327% of HEXO's revenue.

Organigram is HEXO's #3 competitor. Organigram was founded in 2013 in Moncton, New Brunswick. Like HEXO, Organigram also works within the Cannabis Products sector. Organigram generates $22.4M less revenue than HEXO.

HEXO Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$82.5M

HEXO's revenue is the ranked 4th among it's top 10 competitors. The top 10 competitors average 113.8M. Over the last three quarters, HEXO's revenue has grown by 513.7%. Specifically, in Q1 2021's revenue was $32.9M; in Q4 2020, it was $22.1M; in Q3 2020, it was $5.4M.

HEXO Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Redecan

May 2021

Source »
$764.7M
Redecan is a Canada-based medical cannabis company that produces and sells marijuana products such as edibles, capsules, vaporizers and oil extracts for individuals.
48North Cannabis Corp.

May 2021

Source »
$50M
48North is a Canada-based cannabis company that cultivates and manufactures topicals, concentrates and related products for the healthcare industry.
Zenabis Global, Inc.

Feb 2021

Source »
$185M
Zenabis is a medical cannabis company that produces and sells marijuana strains, edibles, capsules and oil extracts.

These are all the companies that HEXO has acquired. HEXO has acquired 3 companies and its latest acquisition was Redecan in May 2021. Redecan is a Canada-based medical cannabis company that produces and sells marijuana products such as edibles, capsules, vaporizers and oil extracts for individuals.

HEXO Funding History

Since HEXO was founded in 2013, it has participated in 13 rounds of funding. In total HEXO has raised $958.0M. HEXO's last funding round was on May 2021 for a total of $360.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Post-IPO Debt
May 2021
$360M
-
Private Placement
Aug 2020
$26M
-
Private Placement
Apr 2020
$28.5M
-
Private Placement
Jan 2020
$20M
-
Private Placement
Jan 2020
$20M
-

Since HEXO was founded in 2013, it has participated in 13 rounds of funding. In total HEXO has raised $958.0M. HEXO's last funding round was on May 2021 for a total of $360.0M

HEXO Investments

No recent investments found related to HEXO

HEXO News

HEXO Press Releases

Social Media

HEXO Headquarters

3000 Solandt Road

Kanata, OntarioK2K 2X2

1-866-438-8429

Driving Directions »

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HEXO Summary

ABOUT

Overview

HEXO is an Ontario-based medical cannabis company that produces and sells marijuana strains, edibles, capsules, and oil extracts. HEXO was founded in 2013. HEXO's headquarters is located in Kanata, Ontario, CA K2K 2X2. It has raised 958.0M in 13 round...

CEO

HEXO's President & CEO, Sebastien St-Louis, currently has an approval rating of 85%. HEXO's primary competitors are CGC, Aurora & Organigram.

Frequently Asked Questions about HEXO

  1. When was HEXO founded?

    HEXO was founded in 2013
  2. Who is HEXO's CEO?

    HEXO's CEO is Sebastien St-Louis
  3. How much revenue does HEXO generate?

    HEXO generates $82.5M in revenue
  4. How much funding does HEXO have?

    HEXO has historically raised $958M in funding
  1. Where is HEXO's headquarters?

    HEXO's headquarters is in Kanata Ontario, CA
  2. How many employees does HEXO have?

    HEXO has 798 employees
  3. What sector does HEXO operate in?

    HEXO is in Cannabis Products
  4. Who are HEXO's competitors?

    HEXO's top competitors are CGC, Aurora, Organigram