Why HEXO Shares Got Higher on Thursday

HEXO (NYSE: HEXO) is taking a significant step into a new market abroad, and investors are rewarding it -- its stock closed nearly 6% higher on Thursday.

Earlier in the day the marijuana company announced it has launched a set of medical marijuana products in Israel. These will be distributed and sold in collaboration with a local company, Breath of Life International, under a 24-month contract.

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Source Fool.com