UPAC to Investigate Links to Cannabis Producer HEXO

UPAC will look into HEXO cannabis producer links

, Annabelle Blais, Jean-Michel Genois Gagnon, Marc Sandreschi and Marie Christine Trottier MISE & Agrave; DAY

The Permanent Anti-Corruption Unit (UPAC) will carry out checks on the cannabis producer HEXO in connection with the presence of a close relative of the Hells Angels in his entourage.

< p> Our Bureau of Investigation revealed yesterday that the Sûreté du Québec recently alerted Ottawa to the fact that HEXO, the largest supplier of cannabis to the Société québécoise du cannabis (SQDC) has just acquired a business linked to a close relative of the Hells Angels.

< p> “& nbsp; In the case that concerns us, please note that a request for verification has already been submitted by the Autorité des marchés publics (AMP) to UPAC”, wrote Stéphane Hawey, a speech.

“Depending on the nature of the analysis and the resulting recommendation to the AMP, the company could then be entered in the Register of companies not eligible for public contracts and thus be excluded from public contracts for a period of five years & nbsp; “, he continued.

The family of Josh Hill, an Ontario entrepreneur, has been a shareholder of HEXO since HEXO acquired Ontario producer Redecan in May, a reported our Bureau of Investigation. & nbsp;

Josh Hill once had an office at Redecan. He is openly posted on his Instagram account with members in good standing of the Ontario Hells Angels. He also poses in a photo with two members of the HEXO board of directors.

The SQDC wonders

La Société québécoise du cannabis (SQDC) also called the pot producer HEXO to account yesterday.

“We have contacted HEXO to shed light on this situation. If links with organized crime were demonstrated for any of its suppliers, the SQDC would not hesitate to take the necessary measures & nbsp; “, wrote to us Fabrice Giguère, spokesperson for the state corporation. & Nbsp;

According to the latter, it is primarily the responsibility of Health Canada and the Royal Canadian Mounted Police (RCMP) “to check the background of key personnel of cannabis producers before the licensing of cannabis cultivation and processing is granted”. .

HEXO however reiterated yesterday that according to it there was “no business relationship between HEXO and the person in question [Josh Hill] & nbsp;”.

♦ According to our sources, the revelations from our Bureau of Investigation caused a lot of talk at the Lift Cannabis Expo, a trade show, which opened yesterday in Toronto. Neither Redecan nor HEXO have a booth this year.

On the market yesterday

Hexo Corp TSX: HEXO-T
Closing of the action 1.65 & nbsp; $ CA
Declining 0.15 & nbsp; cent & nbsp; • 8.33 & nbsp;%
Transaction volume 3,563,854
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