Is It Too Late to Buy Hexo Stock?

Is It Too Late to Buy Hexo Stock?

Shares of Canadian cannabis producer Hexo (NYSE: HEXO) have seen some pretty wild trading action in the past year. On May 28, Hexo announced that it would merge with private cannabis producer Redecan, also based in Canada. This would result in reclaiming the top spot in the recreational cannabis market in that country, with a 17% market share.