HEXO Acknowledges Zenabis Group CCAA Filing

HEXO Corp. (NASDAQ: HEXO) (TSX:HEXO) acknowledged 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.

The CCAA petition is limited …

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