Newstrike Brands Ltd.

12:15 PM EST - Newstrike Brands Ltd. : And HEXO Corp have entered into a definitive arrangement agreement under which HEXO will acquire, by way of a plan of arrangement under the Business Corporations Act (Ontario), all of Newstrike’s issued and outstanding common shares in an all-share transaction valued at approximately $263 million. Newstrike Brands Ltd. shares V.HIP are trading up $0.05 at $0.50.