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Home Cannabis Stock Quotes & News

HEXO Announces Election of Directors

Jeremy Vedder by Jeremy Vedder
March 9, 2022
in Cannabis Stock Quotes & News
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Could 2021 Be the Year of Federal Cannabis Legalization?

GATINEAU, Quebec, March 09, 2022 (GLOBE NEWSWIRE) — HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“HEXO”), a leading producer of high-quality cannabis products, today announced that at the annual general and special meeting of shareholders held on March 8, 2022, each of the seven director nominees was elected as a director of HEXO. The detailed results of the vote are shown below.

Candidate Votes in favor Abstentions Total des votes Percentage of votes in favor Percentage of abstentions
Mark Attanasio 108 012 980 0 108 012 980 100 % 0 %
Vincent Chiara 108 012 980 0 108 012 980 100 % 0 %
Helene F. Fortin 77 240 203 3 920 563 81 160 766 95,17 % 4,83 %
Rose Marie Gage 58 310 763 22 850 002 81 160 765 71,85 % 28,15 %
Rob Godfrey 108 012 980 0 108 012 980 100 % 0 %
Peter James Montour 75 782 705 5 378 060 81 160 765 93.37 % 6,63 %
Will Montour 77 304 011 3 856 755 81 160 766 95,25 % 4,75 %

All other agenda items were approved, including the reappointment of PricewaterhouseCoopers LLP as HEXO’s auditors, the change in location of HEXO’s registered office, the increase in the maximum number of directors for the increase from ten to twelve, the proposed equity consolidation and approval of unallocated awards and certain prior grants under HEXO’s Amended and Restated Class Long-Term Incentive Plan. Additional information on these agenda items is set forth in the Voting Results Report and Management Proxy Circular available under HEXO’s profile on SEDAR.

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About HEXO

HEXO is an award-winning licensed producer of innovative products for the global cannabis market. HEXO serves the Canadian recreational cannabis market with its portfolio of brands, including HEXO, Redecan, UP Cannabis, Namaste Original Stash, 48North, Trail Mix, Bake Sale, REUP and Latitude, as well as the medical market in Canada, Israel and Malta. The Company also serves the Colorado market through its Powered by HEXO® strategy and Truss CBD USA, a joint venture with Molson Coors. With the recent acquisitions of Redecan and 48North by HEXO, HEXO ranks first among cannabis products companies in Canada in terms of recreational cannabis markets. For more information, please visit hexocorp.com.

For more information, please contact:

Investor Relations:

invest@hexo.com
www.hexocorp.com

Media Relations:

(819) 317-0526
media@hexo.com

[Original Source]

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