HEXO’s Kilograms Sold for Medical Wholesale and Adult Use Cannabis

Download

About

This statistic highlights HEXO’s Kilograms Sold for Medical Wholesale and Adult-Use Cannabis starting from the Q1 of 2017. Click here to know more.
Subscribe to Pro or Enterprise plans to unlock this feature.
More information
Subscribe to Pro or Enterprise plans to unlock this feature.
Contact the Analyst
Share on facebook
Share on twitter
Share on linkedin
Share on email
Share on reddit
Share on facebook
Share on twitter
Share on linkedin
Share on email

Become a smarter investor today.

Access Business Quant for as low as $39/month

This statistic highlights HEXO’s Kilograms Sold for Medical Wholesale and Adult-Use Cannabis starting from the Q2 of 2017 to the latest.

HEXO Corp. is a Canadian cannabis company and was formerly known as Hydropothecary Corp. They produce and distribute products to serve the Canadian cannabis market. They operate a production facility of about 300,000 square feet. They serve the adult-use market under the brand name HEXO and the medical cannabis client under the name Hydropothecary. The company’s products are – Time of day product line which includes dried marijuana buds for the morning, midday, after dinner and bedtime, Hydrogen classical marijuana line, ready to consume marijuana powder, oils, and sprays.

The company sold 90.50 kgs of marijuana in the second quarter of 2017, 137 kgs in the third quarter, and 95.7 kgs in the fourth quarter. In 2018 they sold 120 kgs in the first quarter,131 kgs in the second quarter, 134 kgs in the third quarter, and 152 kgs by the end of the fourth quarter. HEXO saw a huge jump in sales during 2019 to 1,110 kgs in the first quarter, 2,690 kgs in the second quarter, 2,900 kgs in the third quarter and the sales then jumped to 4,820 kgs in the last quarter. The sales continued to increase in 2020 to 4.330 in the first quarter and are expected to be at around 6,690 in the second quarter.

Until 2019 the company sold only in wholesale and medical markets. IT has recently entered the adult-use market and the adult-use segment has become the major market for the company’s operations.

In the medical market, HEXO sold 90.50 kgs in the second quarter of 2017, 137 kgs in the third quarter, and 95.70 kgs in the last quarter. In 2018 the company sold 120 kgs of medical marijuana in the first quarter, 131 kgs in the second quarter, 134kgs in the third quarter, and 152 kgs by the end of the year. In 2019 the medical marijuana sales stood at 158 kgs in the first quarter, 152 kgs in the second quarter, 145 kgs in the third quarter, and 137 kgs in the last quarter. In 2020 they sold 129 kgs in the first quarter and expect to sell 107 kgs in the second quarter.

The last quarter of 2019 saw a substantial amount of wholesale sale of 672 kgs.

The company started selling adult-use marijuana in 2019 and the sales have been increasing ever since. In the first quarter of 2019, they sold 952 kgs of adult-use marijuana, 2,540 kgs in the second quarter, 2,760 kgs in the third quarter, and 4,010 kgs in the last quarter. As of the first quarter of 2020, they have sold 4,200 kgs of adult-use marijuana and expect to sell around 6,500 kgs in the next quarter.

The adult-use marijuana segment is now the company’s major source of income and sales in the segment have been growing manifold. In the coming years, both adult-use and medical marijuana are expected to be used intensively as more and more countries are legalizing the use of marijuana. The already established firms like HEXO will have an upper hand over newer firms.

Did you like HEXO’s Kilograms Sold for Medical Wholesale and Adult-Use Cannabis statistic? Get access to such granular datasets by registering for free.

Read more

Our Plans

Always know what you’ll pay. No hidden costs or surprises.

  • Annual
  • Monthly

Basic

Get to know us

  • Access to basic datasets
  • No credit card required
$0
per month*
Get Started

33% discount until October 31

Best Value

Pro

For serious investing

  • Access to all datasets Get immediate access to all the dashboards and dossiers.
  • Export underlying data Download the underlying data in CSV or XLSX formats.
  • Connect with Analysts Direct connect with the analyst team. Ask questions or suggest future coverage road map.
$59
$39
per month*
Buy Now

Enterprise

For tailored workflows

  • Everything in Pro Account Get unfettered access to all our dashboards and dossiers.
  • Custom Built Dashboards Get tailored dashboards built specially for you, to simplify your research workflow.
  • Bespoke Research We'll expand our granular coverage to companies and sectors of your choice.
$99
per month+*
Contact Us

* Billed annually, local taxes extra. 

Basic

Get to know us

  • Access to basic datasets
  • No credit card required
$0
per month
Get Started

33% discount until October 31

Best Value

Pro

For serious investing

  • Access to all datasets Get immediate access to all the dashboards and dossiers.
  • Export underlying data Download the underlying data in CSV or XLSX formats.
  • Connect with Analysts Direct connect with the analyst team. Ask questions or suggest future coverage road map.
$89
$59
per month*
Buy Now

Enterprise

For tailored workflows

  • Everything in Pro Account Get unfettered access to all our dashboards and dossiers.
  • Custom Built Dashboards Get tailored dashboards built specially for you, to simplify your research workflow.
  • Bespoke Research We'll expand our granular coverage to companies and sectors of your choice.
$149
per month+*
Contact Us

* Local taxes extra. 

BQ Star Yellow 3

Get Pro for 33% off

  • Access all features immediately
  • Datasets updated every day
  • Export data in CSV and XLSX formats

Offer Ends In

Starting from $59 $39 / month

Help us improve