Will HEXO Overtake Aurora in Revenue This Year?
HEXO (NYSE: HEXO) has its sights set on being one of the top three cannabis companies in Canada. And to do that, it will likely need to overtake Aurora Cannabis (NASDAQ: ACB), which has far less revenue than both Tilray and Canopy Growth. HEXO has been wheeling and dealing of late, making moves that will strengthen its top line and put it in a good position to potentially surpass Aurora.
Will that happen as early as this year, and do these transactions make HEXO a better buy, or will they lead to more challenges ahead? Below, I'll look at some of the company's recent moves and what they could mean for its top line.
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Source Fool.com
