Cannabis Co. Hexo Beats Investor Suit

Cannabis Co. Hexo Beats Investor Suit A New York federal judge has tossed out a proposed securities class action alleging that cannabis company Hexo Corp. lied and withheld information from investors before losing them hundreds of millions of dollars, saying the shareholders didn’t show that the company had knowledge of lower-than-expected demand. #CBD #Hemp https://www.law360.com/cannabis/articles/1362985?utm_source=rss&utm_medium=rss&utm_campaign=section March 9, 2021 9:19 pm