Marijuana producer Hexo Corp. said Wednesday it has raised C$57.5 million ($43.3 million) through a stock sale. Hexo stock is up 0.4% in morning trading. CIBC Capital Markets and BMO Capital Markets were the lead underwriters for the deal. Hexo, which recently began trading on the NYSE American exchange, inked a deal with Molson Coors Brewing Co. last year to form a joint venture to develop non-alcoholic pot-infused drinks in Canada. Hexo stock has gained 30% in the past three months, as the ETFMG Alternative Harvest ETF , which tracks a basket of pot stocks, has gained 13.5%.