Also categorized in BoardNews:
Corporate Boards: Shifting From Aging Men To New Generation Of Women?
x hide permanently

Marijuana Company Pressed to Make Deal by Activist Investor

wsj.com

Hexo Corp. has drawn interest from an occasional activist investor, who fears the Canadian marijuana company will miss out on a frenzy of deal making in the budding industry. New York-based Riposte Capital LLC, Hexo’s second-largest shareholder with a roughly 2.5% stake, plans to urge the company to explore strategic alternatives and take advantage of the cannabis sector’s rapid growth, according to people familiar with the matter...

Mentions: stake marijuana activist investors