Gatineau

HEXO Announces Leadership Transition; Company Appoints Charlie Bowman as Chief Executive Officer and Julius Ivancsits as Chief Financial Officer

Retrieved on: 
Friday, April 29, 2022

GATINEAU, Quebec, April 29, 2022 (GLOBE NEWSWIRE) -- HEXO Corp ("HEXO" or the "Company") (TSX: HEXO; NASDAQ: HEXO) today announced that Charlie Bowman has been appointed the Company’s acting President and Chief Executive Officer, effective today. Mr. Bowman will move into a permanent role upon the successful completion of Health Canada’s security clearance process for key personnel, which has been initiated. Concurrently, Scott Cooper is stepping down from his role as HEXO’s President and Chief Executive Officer.

Key Points: 
  • GATINEAU, Quebec, April 29, 2022 (GLOBE NEWSWIRE) -- HEXO Corp ("HEXO" or the "Company") (TSX: HEXO; NASDAQ: HEXO) today announced that Charlie Bowman has been appointed the Companys acting President and Chief Executive Officer, effective today.
  • "I am honoured to lead HEXO into the future," said Charlie Bowman, HEXO's incoming CEO.
  • Bowman, who previously served as HEXOs Acting Chief Operating Officer and General Manager of HEXO USA, brings a wealth of global leadership experience in spanning the past two decades.
  • The Company also announced the departure of Acting Chief Financial Officer Curtis Solsvig and the appointment of Julius Ivancsits as Acting Chief Financial Officer, effective May 16, 2022.

HEXO Provides Update on Strategic Plan; Announces Changes to Further Streamline Operations on Path to Becoming Cash Flow Positive From Operations

Retrieved on: 
Thursday, April 21, 2022

The Company is announcing that it will close its Belleville facility and transition its operations to other sites to further streamline operations and capitalize on production efficiencies.

Key Points: 
  • The Company is announcing that it will close its Belleville facility and transition its operations to other sites to further streamline operations and capitalize on production efficiencies.
  • This is a critical next step for HEXO as we continue to make strides towards becoming cash flow positive from operations.
  • As part of the transition, all manufacturing machinery and equipment currently located at HEXOs Belleville facility will be transferred to other sites.
  • HEXO is working closely with employees to reduce the impact of this decision, including offering career counselling and other transitional services.

HEXO and Tilray Brands Agree to Create Strategic Alliance Bringing Together Two Canadian Cannabis Leaders

Retrieved on: 
Thursday, March 3, 2022

GATINEAU, Quebec, March 03, 2022 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the “Company"), a leading producer of high-quality cannabis products, today announced that the Company has taken a significant step in executing on its strategic plan -The Path Forward - by finalizing a strategic partnership with Tilray Brands, Inc. (“Tilray Brands”) which includes a new debt financing agreement.

Key Points: 
  • The new partnership also brings together Canadas top two cannabis market share leaders and is expected to create efficiencies of up to C$50 million within two years which will be shared equally between HEXO and Tilray Brands.
  • Irwin D. Simon, Tilray Brands Chairman and CEO, said, We believe the proposed transaction is a win-win for Tilray Brands and HEXO as it would launch a strategic partnership between two leading Canadian cannabis producers with complementary brand portfolios.
  • By bringing on Tilray as a strategic partner and alleviating the unsustainable monthly redemptions, weve allowed HEXO to refocus their strategic plan.
  • As consideration for Tilray Brands purchase of the Notes, Tilray Brands will pay HTI 95% of the then current outstanding principal for the Notes (Purchase Price).

HEXO thanks departing directors for their service to the Company

Retrieved on: 
Tuesday, February 22, 2022

GATINEAU, Quebec, Feb. 22, 2022 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the Company") earlier today announced its refreshed Board of Directors (Board).

Key Points: 
  • GATINEAU, Quebec, Feb. 22, 2022 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the Company") earlier today announced its refreshed Board of Directors (Board).
  • The Company would like to extend heartfelt thanks to John Bell, Adam Miron, Emilio Imbriglio, and Vincent Quan for their loyal service to HEXO.
  • The Company has issued the following statement:
    The Company would like to thank HEXOs outgoing Board of Directors for stewarding the organization through this transitional period.
  • The Company also serves the Colorado market through its Powered by HEXO strategy and Truss CBD USA, a joint venture with Molson-Coors.

Ideal Protein Announces Appointment of Dawn Halkuff as Chief Executive Officer

Retrieved on: 
Tuesday, January 25, 2022

GATINEAU, Quebec, Jan. 25, 2022 (GLOBE NEWSWIRE) -- Ideal Protein, the owner of a proprietary, medically developed weight loss protocol, today announced the appointment of Dawn Halkuff to the role of Chief Executive Officer.

Key Points: 
  • GATINEAU, Quebec, Jan. 25, 2022 (GLOBE NEWSWIRE) -- Ideal Protein, the owner of a proprietary, medically developed weight loss protocol, today announced the appointment of Dawn Halkuff to the role of Chief Executive Officer.
  • Ms. Halkuff succeeds Melanie Stack, who had been President and Chief Executive Officer of Ideal Protein since 2019.
  • Prior to Ideal Protein, she was Chief Commercial Officer at TherapeuticsMD (TXMD), where she built the companys prenatal vitamins business into a meaningful pharmaceutical organization in the U.S. market.
  • The Ideal Protein Weight Loss Protocol is easy to implement and makes the weight loss conversation simpler.

HEXO Announces Date of Fiscal 2021 Annual Meeting of Shareholders

Retrieved on: 
Thursday, December 16, 2021

GATINEAU, Quebec, Dec. 16, 2021 (GLOBE NEWSWIRE) -- HEXO Corp (HEXO or the Company) (TSX: HEXO; NASDAQ: HEXO) today announced that its fiscal 2021 annual meeting of shareholders will be held on March 8, 2022 and that its board of directors has fixed the close of business on February 4, 2022 as the record date for determining which shareholders will be entitled to receive notice of and voting at the meeting.

Key Points: 
  • GATINEAU, Quebec, Dec. 16, 2021 (GLOBE NEWSWIRE) -- HEXO Corp (HEXO or the Company) (TSX: HEXO; NASDAQ: HEXO) today announced that its fiscal 2021 annual meeting of shareholders will be held on March 8, 2022 and that its board of directors has fixed the close of business on February 4, 2022 as the record date for determining which shareholders will be entitled to receive notice of and voting at the meeting.
  • HEXO further announces that it has received an extension from the Toronto Stock Exchange (the TSX) permitting it to hold the upcoming annual meeting of shareholders after January 31, 2022, being later than six months after the end of its last financial year.
  • As indicated in its request to the TSX for the extension, HEXO is currently working on a number of plans and initiatives that it hopes to be in a position to announce in advance of the annual meeting of shareholders, and it believes that shareholders would benefit from being able to consider any such matters before being asked to vote on the various items of business at the fiscal 2021 annual meeting of shareholders.
  • This press release contains forward-looking information and forward-looking statements within the meaning of applicable securities laws (Forward-Looking Statements).

HEXO Announces Appointment of John K. Bell as Chair of Board of Directors

Retrieved on: 
Tuesday, December 14, 2021

GATINEAU, Quebec, Dec. 14, 2021 (GLOBE NEWSWIRE) -- HEXO Corp (TSX: HEXO; NASDAQ: HEXO), a leading producer of high-quality cannabis products, today announced the appointment of John K. Bell as Chair of the Board of Directors, effective December 14, 2021.

Key Points: 
  • GATINEAU, Quebec, Dec. 14, 2021 (GLOBE NEWSWIRE) -- HEXO Corp (TSX: HEXO; NASDAQ: HEXO), a leading producer of high-quality cannabis products, today announced the appointment of John K. Bell as Chair of the Board of Directors, effective December 14, 2021.
  • HEXO has a strong foundation with unique capabilities and assets based on its recent acquisitions to accelerate growth and build market share, said John Bell.
  • John was also a member and Chair of the Board at Canopy Growth between 2014 and 2020.
  • HEXO would like to thank Dr. Michael Munzar for his dedication to HEXO as Chair and for helping to guide HEXO as it grew from a start-up to the market leader, as he steps down from the Board of Directors.

VanillaSoft Strengthens Integrations with Salesforce, Zapier, Chorus

Retrieved on: 
Tuesday, November 9, 2021

Plano, Texas, Nov. 09, 2021 (GLOBE NEWSWIRE) -- VanillaSoft, a leading sales engagement technology company, today announced that they have enhanced their integrations with Salesforce, Zapier, and Chorus.

Key Points: 
  • Plano, Texas, Nov. 09, 2021 (GLOBE NEWSWIRE) -- VanillaSoft, a leading sales engagement technology company, today announced that they have enhanced their integrations with Salesforce, Zapier, and Chorus.
  • When SDR teams engage leads in VanillaSoft, updates are immediately transferred to Salesforce, ensuring immediate follow-up by account executives.
  • The integration between VanillaSoft and Chorus enables VanillaSoft customers to pass call recordings directly to Chorus.
  • Users can then access the Chorus analyses directly from within VanillaSoft and utilize this information for follow-up, or for sales rep onboarding and coaching.

Prime Minister announces Chief Government Whip

Retrieved on: 
Thursday, October 28, 2021

OTTAWA, ON, Oct. 28, 2021 /CNW/ - The Prime Minister, Justin Trudeau, today announced that Steven MacKinnon, Member of Parliament for Gatineau, has agreed to serve as Chief Government Whip.

Key Points: 
  • OTTAWA, ON, Oct. 28, 2021 /CNW/ - The Prime Minister, Justin Trudeau, today announced that Steven MacKinnon, Member of Parliament for Gatineau, has agreed to serve as Chief Government Whip.
  • He will be sworn in as a member of the Privy Council and Chief Government Whip.
  • He has previously served as Parliamentary Secretary to the Minister of Public Services and Procurement and Parliamentary Secretary to the Minister of Public Services and Procurement and Accessibility.
  • Mr. MacKinnon has worked on mergers, acquisitions, and financial communications at a global consultancy firm, and served in senior roles in government and politics.