When was HEXO founded?

HEXO was founded in 2013 and raised its 1st funding round 6 years after it was founded.

Where is HEXO located?

HEXO is headquartered in Gatineau, Canada.

How many employees does HEXO have?

As of Sep 30, 2026, the latest employee count at HEXO is 223.

Is HEXO a funded company?

HEXO is a funded company, having raised an undisclosed amount across 4 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Oct 23, 2019.

When was the latest funding round of HEXO?

HEXO's latest funding was a $***** Post IPO round on Jun 01, 2023, with participation from 0 investor.

Where does HEXO rank among its competitors?

HEXO ranks 5th amongst 164 active competitors, of which 3 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was TerrAscend, which secured $21.8M in Jun, 2026.

Who are the top competitors of HEXO?

HEXO's top competitors include Auxly, High Tide and TerrAscend. Among them, TerrAscend secured the most recent funding round in June, 2026.

HEXO - 2026 Company Profile, Team, Funding & Competitors

Company Details

Brand of cannabis based products. It cultivation, production, and distribution of cannabis products for adult-use and medical consumers. Cannabis company that creates and distributes award-winning cannabis products for both adult-use (recreational) and medical markets. The company offers a wide range of products under brands such as HEXO, Redecan, UP Cannabis, Namaste Original Stash, and others, and also produces cannabis beverages and advanced formulations for global markets.

Website: hexocorp.com
Social
Email ID: *****@hexo.com, *****@hexo.com
Phone Number: +1 **********

Key Metrics

Founded Year

2013

Location

Gatineau, Canada

Stage

Acquired

Latest Funding Round

Post IPO, Jun 01, 2023, $*****

Investors

Tilray

Ranked

5^th among 164 active competitors

Employee Count

223 as on Sep 30, 2026

Investment & Acquisitions

Redecan & 3 more

Similar Companies

Auxly & 1958 more

Exit Details

Acquired by Tilray (Apr 10, 2023)

View HEXO's full profile

HEXO got acquired by Tilray on Apr 10, 2023.

Click here to take a look at HEXO's acquisition in detail

HEXO has raised funding over 4 rounds. Its first funding round was on Oct 23, 2019. HEXO has 1 institutional investor.

Here is the list of recent funding rounds of HEXO:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 01, 2023	9105260	Post IPO	8603587	2692353	9454016	4117937
Mar 03, 2022	1831800	Post IPO	2543787	6134872	7469839	Tilray
Aug 13, 2020	5125885	Post IPO	3510805	9700200	4146210	6218043

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View details of HEXO's funding rounds and investors

The founders of HEXO are Adam Miron and Adam Chambers.

Here are the details of HEXO's key team members:

Adam Miron: Co-Founder of HEXO and founder of 2 other companies, No. 2 Mission Row and The Hydropothecary Corporation.
Adam Chambers: Co-Founder - Financier of HEXO.

View details of HEXO's Founder profiles and Board Members

HEXO's employee count trend

HEXO has 223 employees as of Sep 26. Here is HEXO's employee count trend over the years:

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Top competitors of HEXO include Auxly, High Tide and TerrAscend. Here is the list of Top 10 competitors of HEXO, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Auxly 1987, Toronto (Canada), Public	Provider of platform to manage cannabis manufacturing operations in industries	$132M	Vermögensclub, Nesta & 1 others	70/100
2nd	High Tide 2009, Calgary (Canada), Public	Manufacturer of cannabis products	$18.4M	Aurora Cannabis, Aphria & 1 others	55/100
3rd	TerrAscend 2017, Mississauga (Canada), Public	Retailer of cannabis dispensaries and medical products	-	Entourage Effect Capital, Phyto Partners & 4 others	53/100
4th	Green Tank Technologies 2015, Toronto (Canada), Series B	Private label brand of vape products	$38.5M	Casa Verde Capital, Green Acre Capital & 4 others	49/100
5th	HEXO 2013, Gatineau (Canada), Acquired	Brand of cannabis based products	-	Tilray	39/100
6th	SQDC 2018, Montreal (Canada), Unfunded	Provider of cannabis and cannabis-related products	-	-	39/100
7th	Neptune Wellness 1998, Laval (Canada), Public	Manufacturer of cannabis products and retail services	-	-	37/100
8th	Simply Solventless 2020, Calgary (Canada), Public	Retailer of CBD concentrates	-	Example Company	29/100
9th	Trees 2018, Toronto (Canada), Public	Retail of diversified cannabis products	-	-	29/100
10th	NOVA Cannabis 2018, Edmonton (Canada), Acquired	Retailer of diversified cannabis products	-	Green Acre Capital	27/100