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HEXO (TSX:HEXO) increases pre-roll production, launches inhalation technology

Cannabis, Market News
TSX:HEXO
08 February 2023 15:15 (EDT)

Source: HEXO.

HEXO (HEXO) has completed the expansion of its straight edge pre-roll production capacity at the company’s Fenwick, Ontario site.

The company will also launch a unique proprietary inhalation technology, aiming to improve the cannabis experience.

The development allows HEXO to increase its straight edge pre-roll production capacity. It will accelerate the delivery of the its popular Redecan Redees products to include the new TnT cannabis strain series. It also expands HEXO’s Original Stash brand to address rising consumer demand.

“Canadian customers immediately took to our straight edge pre-roll format; we recognized that to satisfy the growing demand, we’d need to up our production significantly,”stated Charlie Bowman, President and CEO of HEXO. “It was important to expand capacity without sacrificing THC percentage or terpene quality.”

The Redecan Redees straight edge pre-roll is HEXO’s premium pre-roll product. It will now also feature a unique inhalation technology, which was developed through comprehensive consumer research and feedback.

HEXO’s flagship Redecan Redees brand is launching several TnT strains throughout the year. It includes Warlock, Gluberry and Animal Rntz, along with a new 2:1 CBD:THC balanced product, CBD Kush. The brand will also continue to feature the Cold Creek Kush Redees and WappaRedees.

The company’s Original Stash line will launch its own straight edge pre-rolls. It will feature the line’s popular Atomik Sour Haze and Powdered Donuts.

HEXO is a licensed producer of innovative products for the global cannabis market.

HEXO Corp. (HEXO) is down 3.18 per cent, trading at C$2.13 per share at 3:41 pm ET.


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