HEXO Corp aligns its operations with its 2020 expectations, reduces cost structure

The Company is rightsizing its operations to adjust to a changing market and regulatory environment with a view towards profitability and long-term stability.

GATINEAU, Quebec, Oct. 24, 2019 (GLOBE NEWSWIRE) — HEXO Corp (“HEXO” or the “Company”) (TSX:HEXO; NYSE:HEXO) announced today it has taken steps to reduce its workforce. The Company is rightsizing its operations to adjust to a changing market and regulatory environment with a view towards profitability and long-term stability.