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BLACKROCK Municipal Income TRUST V.BFK.P


Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.


NYSE:BFK - Post by User

Comment by quinlashon Aug 12, 2021 10:40am
115 Views
Post# 33691350

RE:HEXO's New F-200 CPG Partner Signed

RE:HEXO's New F-200 CPG Partner SignedReposting for those who missed the interview with the CEO this week.  Adding the Redecan Investors Deck for those looking for further details on that deal

HEXO + Redecan Investors Deck
https://staticproduction.s3.amazonaws.com/financial-statements/2021/Hexo+Redecan+Investors+Deck.pdf
 



quinlash wrote: For those who missed the webcast yesterday where the CEO of HEXO disclosed that they now have their new Fortune 200 Consumer Packaged Goods (CPG) partner signed.

Would suggest going through the entire video a couple of times but I have provided some notes to show some of what is noted during the interview

(Aug 10, 2021) CEO Fireside Chat at 2021 Cannacord Conference (New CPG Partner Signed)
https://wsw.com/webcast/canaccord60/hexo/2459600
 
  • 17% Canadian Market Share
  • Number 1 in a multiple of categories
  • Redecan Reddies best for US Market
  • US THC business to start building out
  • HEXO expanding US Sales to more states very soon
  • Best Cannabis drink sales in the world
  • $156 Million Net sales on the QTR with Redecan, 44% margin
  • 169% sales growth Redecan combined with HEXO (excluding Zenabis sales)
  • Next 3 to 6 months to see more expansion for the US
  • Fortune 200 company now signed with HEXO (Foods mentioned)
  • Product testing on-going in Quebec, longer term to be expanded into US
  • Cross border consolidation to be expected with US Federal Cannabis Legalization
  • HEXO planning to work with local state suppliers and Multi-State Operators (MSOs)
  • HEXO to be a US manufacturer
  • HEXO products available in the US include VeryWell beverages, Verywell Drops, in Jan HEXO to expand to select states and supply Redecan Reddies and Gelcaps
  • Expansion of Redecan products in Quebec
  • 60% of Canadian Retail stores carry HEXO products
  • High levels (85%) for rebuy rate on HEXO / Truss CBD infused drinks
  • Canada a 4 Billion Dollar Market today, US Market also expanding
  • HEXO about to launch with Fortune 200 Food Company
  • HEXO largest Cannabis LP by sales with 1 10th the Marketcap to competitors



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