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Published 1 year ago

Cannabis company Hexo regains compliance with Nasdaq's minimum bid price requirement

Summary by Ground News
Gatineau, Que.-based Hexo became non-compliant with the requirement when its closing bid price for common shares listed on the Nasdaq dropped below US$1 for 30 consecutive trading days. The company says it received a notice from Nasdaq on Jan. 19 that it has regained compliance. CEO of Hexo says the market is starting to recognize the strides the company has made.

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