Cannabis & Hemp Stocks Investment Tools – Schedule Demo Now!

HEXO Achieves Carbon Neutrality — OTTAWA, Ontario, Sept. 16, 2021 – PRESS RELEASE HEXO Corp. announced the company achieved its goal to become carbon neutral by September 2021, offsetting 100% of its 2020 operational carbon emissions in addition to the personal emissions of its 1,200 employees.*

Related: HEXO Corp commits to offsetting 100% of carbon emissions

Hemp Stocks

In June 2021, HEXO embarked on a mission to counteract its carbon footprint through a partnership with Offsetters, a Vancouver-based organization that supports renewable energy and forest carbon projects across the world. As a leading cannabis player in Canada, on the path to becoming one of the top three global cannabis products companies, it was important for HEXO’s offset investments to have a global reach. At home in Canada, HEXO is helping reduce old-growth tree harvesting by supporting the GreatBear Forest Carbon Project. This landmark project balances human well-being and ecological integrity through carbon finance and is the first carbon project in North America on traditional territory with unextinguished aboriginal rights and title. Globally, HEXO is supporting two other carbon offset projects—a large-scale solar energy project in Asia and another forest conservation project in South America.

Related: Biden Proposes Plan to Pay Hemp Farmers for Carbon

To achieve carbon neutrality, HEXO offset a total of 25,965 tonnes of carbon—19,610 tonnes of operational carbon emissions and 6,355 tonnes of its employees’ personal carbon emissions. If the top 100 Canadian companies pursued similar sustainability initiatives, it would be a significant contribution to Canada’s role in combatting climate change.

“At the start of the summer, we pledged that HEXO would not only become carbon neutral, but that we would also offset the personal carbon emissions generated by every one of our employees. Today we are proud to say we have achieved our goal, setting a new standard in sustainability for our industry,” HEXO CEO and co-founder Sébastien St-Louis said. “Consumers and investors demand greater environmental and social integrity from companies. We are proud to share our commitment to sustainability and support our consumers’ ability to purchase products that align with their values.”

Related: Global Sustainable Building and Construction Research Report 2021

Hemp Stocks

In addition to carbon emissions, HEXO is counteracting the use of plastic in its packaging. Working alongside its primary packaging supplier Dymapak, in conjunction with Plastic Bank, HEXO has supported Plastic Bank’s ethical recycling ecosystems in coastal communities, collecting and reprocessing ocean-bound plastics for re-introduction to the global manufacturing supply chain. In doing so, HEXO initially offset 63,000 kilograms of plastic. By October 2021, HEXO will have supported the collection of an additional 8,000 kg of ocean-bound plastic—making it a total equivalent of over 3.55 million plastic bottles stopped from entering the world’s oceans.

Related: The Valens Company Achieves Access to GMP Manufacturing in Australia & Expands International Footprint to Asia

In supporting environmentalism, HEXO will continue to monitor and report on its carbon emissions and plastic production and seek opportunities to reduce both. HEXO plans to emulate its success in the Canadian cannabis industry throughout the United States.

HEXO is committed to continuously improving its Environmental, Social and Governance strategy which focuses on people, planet and product. For more information on these efforts and how the company continues to develop its stakeholder relations to make a positive contribution to communities globally, please visit:

*Estimated personal emissions based on the average Canadian’s emissions from heating and powering their homes, driving and food consumption.

About Cannin: Your Cannabis Stocks Resource

78% of Cannin’s fundamentals prove true within 30 days or less on 100+ recommendations over the past 2 years.

Cannin is your #1 trusted resource for cannabis stocks. Our global team of experts evaluates all emerging cannabis stock investing opportunities. We aggregate hundreds of hours of financial research and provide tips on the best cannabis stocks for 2021. 

Use Cannin as your resource for:

Market analysts expect the marijuana and hemp industry will have an annual value exceeding $75 Billion in the next decade. Is it too late to invest in marijuana stocks? No! This is the perfect time to invest.

Are you looking to buy stock in hemp companies or marijuana companies for 2021? Interested in new penny hemp stock companies? Looking for the best Canadian cannabis stocks to invest in? Looking to leverage the power of algorithmic stock trading to beat the cannabis market? We can help.

Are you interested in cannabis stocks like Curaleaf, Trulieve, Aurora Cannabis, Charlotte’s Web, Canopy Growth, or Hemp Inc.?

Predict price movements of cannabis stocks several hours in advance with our proprietary algorithmic stock trading software.

  • +30% Gains in 2020
  • +49.8% Gains in 2019
  • Backtested since 2012

We’re so confident you’ll love our algotrading cannabis stock signals, we’re willing to give you a one-month risk-free trial to see it for yourself.

Profit from the best cannabis stocks – we’ll show you how at