11:30 AM EST - HEXO Corp. : Acknowledged today that its wholly-owned subsidiary, Zenabis Global Inc., as well as Zenabis’ direct and indirect wholly-owned subsidiaries have filed a petition with the Superior Court of Québec for protection under the Companies’ Creditors Arrangement Act (“CCAA”) in order to restructure their business and financial affairs. HEXO understands that Ernst & Young Inc. has been appointed as the Monitor to oversee the CCAA proceedings. HEXO Corp.
shares T.HEXO are trading unchanged at $0.27.
