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HEXO Corp (TSX:HEXO) (NASDAQ:HEXO) reported Wednesday that its shareholders approved the previously announced acquisition of family-owned Canadian cannabis producer Redecan. In exchange, the Ottawa-based company agreed to pay $400 million in cash in addition to the issuance of 69,721,116 common shares at $7.53 per share, bringing the total consideration to $925 million.
...read full article on Benzinga
