What Investors Need to Know About HEXO's Takeover of 48North
The marijuana industry continues to consolidate in 2021. One of the more under-the-radar acquisitions of late was Canadian company HEXO's (NYSE: HEXO) agreement to buy its compatriot and peer 48North Cannabis (OTC: NCNNF), announced in mid-May.
In this Motley Fool Live conversation with healthcare and cannabis bureau chief Corinne Cardina, longtime Fool contributor Eric Volkman takes a brief look at the deal and sizes it up. This clip was recorded on May 21.
Source Fool.com
