HEXO Reports Q2’23 Financial Results
![HEXO Reports Q2’23 Financial Results](https://www.cannabisindustry.news/wp-content/uploads/2023/03/83559c51-ae7e-5bc0-8e62-6285616fdb99-26-850x560.png)
(marketscreener.com)
Achieved positive net income for the first time in Company history
Adjusted gross margins increased from 40% to 45% while maintaining pricing
SG&A and operating expenses continued to decrease
Generated $5.3M in cash from operation…
HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“HEXO” or the “Company”), a leading producer of high-quality cannabis products, today reported its financial results for the second quarter of the 2023 fiscal ye…