GATINEAU, Quebec, March 12, 2019 (GLOBE NEWSWIRE)
-- HEXO Corp (âHEXOâ or the âCompanyâ) (TSX: HEXO; NYSE-A: HEXO) is
pleased to announce it is the first cannabis company to join
Food & Consumer Products of Canada (FCPC), the largest voice of
the Canadian food, beverage and consumer products industry. FCPC
exists to help its members deliver safe and affordable products
that enrich peopleâs lives.
âHEXO is thrilled to be the first cannabis company to join the Food & Consumer Products of Canada, an established and industry leading association in the consumer-packaged goods space,â said Sébastien St. Louis, HEXO Corpâs CEO and co-founder. âWe look forward to working with FCPC and all their members to forge new relationships and potential partnerships. It is an exciting time to be in the ever-evolving cannabis industry.â
HEXO is looking forward to meeting FCPC members in the coming months as the company continues to expand through innovation and reach new global markets. FCPC members are provided unique interactions with industry leaders, helping to shape the business environment, share research and resources, and access educational programs and industry insights.
âFCPC is very excited to welcome HEXO Corp as our newest member and our first ever in the cannabis space,â said Michael Graydon, CEO of FCPC. âAs the voice of Canadaâs food, beverage and consumer goods companies, we look forward to expanding into this new sector while continuing to provide value for members through a relentless focus on building an operating environment that fosters competitiveness, innovation and growth.â
HEXO has supply agreements in Quebec, British Columbia and Ontario, and a strategic investment in the private cannabis retailer Fire & Flower. HEXO has also entered into an agreement with Molson Coors Canada creating Truss, a joint venture to develop and distribute non-alcoholic cannabis-infused beverages. In January 2019, HEXO stock commenced trading on the NYSE-A.
About HEXO Corp
HEXO Corp is an award-winning consumer packaged goods cannabis
company that creates and distributes prize-winning products to
serve the global cannabis market. Through its hub and spoke
business strategy, HEXO Corp is partnering with Fortune 500
companies, bringing its brand value, cannabinoid isolation
technology, licensed infrastructure and regulatory expertise to
established companies, leveraging their distribution networks and
capacity. As one of the largest licensed cannabis companies in
Canada, HEXO Corp operates with 1.8 million sq. ft of
facilities in Ontario and Quebec and a foothold in Greece to
establish a Eurozone processing, production and
distribution centre. The Company serves the Canadian adult-use
and medical markets. For more information please visit hexocorp.com.
About FCPC
Food & Consumer Products of Canada is Canada's largest voice
representing the companies that manufacture and distribute the vast
majority of food, beverage and consumer goods found on store
shelves. Our sector provides high-quality jobs to almost 300,000
Canadians â more than any other manufacturing sector. Our
membership includes small and large multi-national and
Canadian-owned companies. Learn more at www.fcpc.ca.
Investor Relations:
Jennifer Smith
1-866-438-8429
[email protected]
www.hexocorp.com
Media Relations:
Caroline Milliard
(819) 317-0526
[email protected]
Director:
Adam Miron
819-639-5498