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 > Aug 10th Cannacord Conf Interview with HEXO CEO

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Comment by CanadianKiaon Aug 10, 2021 5:37pm

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Post# 33680084

RE:Aug 10th Cannacord Conf Interview with HEXO CEO

Thanks for the recap. all i got from the below is that there is tons of room for expanding sales, so even at 400-500M of revenue with NO upside would mean if they can expand into the US without building a ton of factories, that revenue can double, triple in the next 3-5 years. That's exactly what you look for when you buy a company for the long term.

remember, 400-500M of revenue people is only based on current numbers, NO EXPANSION included.

quinlash wrote:
Below is the link to the recorded interview with the CEO of HEXO. I have included a few bullet points I noted however would recommend everyone holding a position on the stock to view the video themselves.

GLTA

Q

(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