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Buds & Duds: Hexo drops on equity offering, Green Growths perks up in mid-morning trading

The North American Marijuana Index nudged down by 1% to hit 97 points.

Hexo Corp (NYSE:HEXO) dropped more than 10% on its announcement today that the Ottawa, Canada based firm has established an at-the-market equity program allowing the Company to issue up to CA $34,500,000 of common shares.

Green Growth Brands Inc (CSE: GGB) (OTCQB: GGBXF) was up more than 13% today. The Columbia, Ohio based cannabis company announced last week that Brian Logan is stepping down as its Chief Financial Officer, effective July 15. Logan has served as Chief Financial Officer of the company since January 2019.

Quick facts: Hexo Corporation

Price: 0.8653 USD

NYSE:HEXO
Market: NYSE
Market Cap: $418.33 m
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