Pyxus International, Inc., an agricultural company, engages in the provision of various agricultural products, ingredients, and services to businesses and customers. It offers products in the leaf tobacco, e-liquids, industrial hemp, and cannabis industries. The company was formerly known as Alliance One International, Inc. and changed its name to Pyxus International, Inc. in September 2018. Pyxus International, Inc. was founded in 1873 and is based in Morrisville, North Carolina.
pot stock making gains today. Pyxus International Inc. (NYSEYX) is up 2.6% at $28.69, on news that the tobacco company's hemp processing partner, Criticality, opened a new plant in Wilson, North Carolina. The hemp processed at the facility will be used in "Korent," Criticality's line of CBD products. The shares of PYX are already up 141.9% year-to-date -- rebounding off their Jan. 2 low of $11.30. While resistance at the $29 level briefly capped the rally, the stock managed a bounce atop its 20-day moving average before climbing higher. The equity is pacing for it's third straight win today, and is trading at a level not seen since late October.
