HEXO Announces Changes to its Board of Directors
November 19 2021 - 6:30AM
HEXO Corp (“HEXO”, or the “Company”) (TSX: HEXO; NASDAQ: HEXO),
today announced that Sebastien St-Louis has resigned from HEXO’s
Board of Directors. The Company also announced that it has
appointed President and CEO, Scott Cooper, as a Director to replace
Sebastien St-Louis, effective yesterday.
“I would like to take this opportunity to thank
Sebastien for over eight years of service on HEXO’s Board of
Directors. Through his years of dedication, he has helped build
HEXO into a market leader in Canada.” said Dr. Michael Munzar,
Chair of the Board.
“It is my pleasure to welcome HEXO’s President
and CEO, Scott Cooper, to the HEXO board. Scott’s experience with
Truss, Molson Coors and several other publicly-traded consumer
packaged goods companies will be instrumental to HEXO’s success as
we continue to drive growth and profitability through the
commercialization of advanced cannabis products and to defend our
position as a market leader in Canada.”
Forward-Looking Statements
This press release contains forward-looking
information and forward-looking statements within the meaning of
applicable securities laws (“Forward-Looking Statements”).
Forward-Looking Statements are based on certain expectations and
assumptions and are subject to known and unknown risks and
uncertainties and other factors that could cause actual events,
results, performance and achievements to differ materially from
those anticipated in these Forward-Looking Statements.
Forward-Looking Statements should not be read as guarantees of
future performance or results. Readers are cautioned not to place
undue reliance on these Forward-Looking Statements, which speak
only as of the date of this press release. The Company disclaims
any intention or obligation, except to the extent required by law,
to update or revise any Forward-Looking Statements as a result of
new information or future events, or for any other reason.
About HEXO
HEXO is an award-winning licensed producer of
innovative products for the global cannabis market. HEXO serves the
Canadian recreational market with a brand portfolio including HEXO,
Redecan, UP Cannabis, Namaste Original Stash, 48North, Trail Mix,
Bake Sale, REUP and Latitude brands, and the medical market in
Canada, Israel and Malta. The Company also serves the Colorado
market through its Powered by HEXO® strategy and Truss CBD USA, a
joint venture with Molson-Coors. With the completion of HEXO's
recent acquisitions of Redecan and 48North, HEXO is a leading
cannabis products company in Canada by recreational market share.
For more information, please visit hexocorp.com.
For further information, please contact:
Investor Relations:
invest@hexo.com
www.hexocorp.com
Media Relations:
(819) 317-0526
media@hexo.com
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