BLACKROCK Municipal Income TRUST V.BFK.P

RE:RE:RE:HEXO: Gross Margin Q2 / Q3 2020

[quinlash]

Success for any company depends on it being able to sell product for more than it costs to make it.  HEXO is operating at a gross margin of 40% vs. 9% of Canopy Growth so HEXO is reporting a margin (how much they are making on each sale) is higher than what Canopy is doing.  

HEXO has not only rolled out Vapes, Drinks and new oil products in the last few months but also announced expansion of it's market into Israel.  HEXO is providing more product to larger markets now which provides it the ablility to pull in more money again.

Next QTR report is Oct 26th.  This report will provide the latest on what has been going on with the company over the last three months and may include additional information as to what will be taking place going forward. 

Keep in mind that none of the Cannabis producers were making any significant sales when they hit their all time highs.  These companies are now progressing with sales, increasing month over month, and some are expecting to start making money sooner than others. 

HEXO is expecting to cross that line before Aurora and Canopy by becoming EBIDTA positive as soon as the end of 2020 calendar year with cash positive being the next milestone.

Q

Giocatorei wrote: Sales for the 3rd Qtr are $22,078 and Gross profit is $8,783. By simple math Gross profit is 8783/22078 or 39.781683 rounded to 40%. Rather than post BS on the boards just cover your short position and move on to the next play.  The train is about to leave the station on this one.  You don't have much time!