HEXO becomes first cannabis company to join Food & Consumer Products of Canada
March 12 2019 - 6:30AM
HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NYSE-A: HEXO) is
pleased to announce it is the first cannabis company to join
Food & Consumer Products of Canada (FCPC), the largest voice of
the Canadian food, beverage and consumer products industry. FCPC
exists to help its members deliver safe and affordable products
that enrich people’s lives.
“HEXO is thrilled to be the first cannabis company to join the
Food & Consumer Products of Canada, an established and industry
leading association in the consumer-packaged goods space,” said
Sébastien St. Louis, HEXO Corp’s CEO and co-founder. “We look
forward to working with FCPC and all their members to forge new
relationships and potential partnerships. It is an exciting time to
be in the ever-evolving cannabis industry.”
HEXO is looking forward to meeting FCPC members in the coming
months as the company continues to expand through innovation and
reach new global markets. FCPC members are provided unique
interactions with industry leaders, helping to shape the business
environment, share research and resources, and access educational
programs and industry insights.
“FCPC is very excited to welcome HEXO Corp as our newest member
and our first ever in the cannabis space,” said Michael Graydon,
CEO of FCPC. “As the voice of Canada’s food, beverage and consumer
goods companies, we look forward to expanding into this new sector
while continuing to provide value for members through a relentless
focus on building an operating environment that fosters
competitiveness, innovation and growth.”
HEXO has supply agreements in Quebec, British Columbia and
Ontario, and a strategic investment in the private cannabis
retailer Fire & Flower. HEXO has also entered into an
agreement with Molson Coors Canada creating Truss, a joint venture
to develop and distribute non-alcoholic cannabis-infused beverages.
In January 2019, HEXO stock commenced trading on the NYSE-A.
About HEXO CorpHEXO Corp is an
award-winning consumer packaged goods cannabis company that creates
and distributes prize-winning 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
1.8 million sq. ft of facilities in Ontario and Quebec and a
foothold in Greece to establish a Eurozone processing, production
and distribution centre. The Company serves the Canadian
adult-use and medical markets. For more information please visit
hexocorp.com.
About FCPCFood & Consumer Products of
Canada is Canada's largest voice representing the companies that
manufacture and distribute the vast majority of food, beverage and
consumer goods found on store shelves. Our sector provides
high-quality jobs to almost 300,000 Canadians – more than any other
manufacturing sector. Our membership includes small and large
multi-national and Canadian-owned companies. Learn more at
www.fcpc.ca.
Investor Relations: Jennifer
Smith 1-866-438-8429 invest@HEXO.com
www.hexocorp.com
Media Relations: Caroline Milliard(819)
317-0526 media@hexo.com
Director: Adam
Miron 819-639-5498
HEXO (TSX:HEXO)
Historical Stock Chart
From Aug 2024 to Sep 2024
HEXO (TSX:HEXO)
Historical Stock Chart
From Sep 2023 to Sep 2024