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.

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BLACKROCK Municipal Income TRUST > SCALE - INCREASING VOLUME OF SALES?

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Post by Quietinvestoron Oct 02, 2020 6:11pm

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Post# 31661792

SCALE - INCREASING VOLUME OF SALES?

The longer term challenge for HEXO will be the cost of increasing volumne - scale of sales It has about 1200 employees. Aurora about 2500 and CANOPY over 3000. To make, advertiise and sell more product it will need to increase the number of employees, perhaps build more footprint and allocate more to advertising and administration The question remains "how much in sales can HEXO's current structure produce, without having to spend more?"

GLTA

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