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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 Apr 06, 2022 7:35pm
62 Views
Post# 34582477

RE:Research Links (HEXO / Molson / Tilray)

RE:Research Links (HEXO / Molson / Tilray)Reposting for those looking for some of the Tilray / HEXO News / CEO interviews etc

quinlash wrote: Just a collection of handy links related to HEXO Corp, it's partner Molson Coors and additional information / links interviews etc related to the pending partership with Tilray (TLRY) 


COMPANY PRESENTATIONS AND INTERVIEWS (HEXO, TILRAY)
 
(Mar 4, 2022) Tilray Brands – HEXO Corp. Strategic Alliance Webcast
https://youtu.be/gbx1md3Fzr0
 
(Mar 4, 2022) BNN Bloomberg Interview with Tilray CEO Regarding HEXO Deal
https://www.bnnbloomberg.ca/tilray-strikes-deal-with-hexo-to-buy-211m-in-debt-launch-joint-venture-1.1731864
 
(Mar 3, 2022) Tilray + HEXO Partnership Presentation
https://staticproduction.s3.amazonaws.com/financial-statements/2022/TILRAY+BRANDS_HEXO_Investor+Presentation+(March+2022)_VFinal.pdf?fbclid=IwAR2hxFc3ciFT_9LymLJ_iUVczsQRk5gNHo4PjklpEWsYMrQeCUXWNHOTjMI
 
(Jan 18, 2022) Revised Investors Deck – THE PATH FORWARD
https://www.hexocorp.com/investors/
 
(Oct 5, 2021) – AGP’s Virtual Fall Consumer MJ Conference (HEXO CEO)
https://www.youtube.com/watch?v=NEt8irlPLgU&t=612s
 
(Sept 1, 2021) This is BIG – Splash Video
https://youtu.be/rZJjGl1R3y0
 
(Aug 20, 2021) – BNN Interview with HEXO CEO regarding US Expansion
https://www.bnnbloomberg.ca/marijuana/video/shares-of-hexo-plunge-nearly-30-after-public-offering-news~2264114?fbclid=IwAR1vDa38XbajlpqALMW3yQJKt_eLksYkRpb9TQjKpz-6AVKhRNHtKF5xVRs
 
(Aug 10, 2021) CEO Fireside Chat at 2021 Cannacord Conference (New CPG Partner Signed)
https://youtu.be/KPlMQlLYE-g
 
Comments include:
  • 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
  • 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 (New 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
  • (Min 7:25) HEXO about to launch with Fortune 200 Food Company
  • HEXO largest Cannabis LP by sales with 1 10th the Marketcap to competitors
 
Additional Link -> (Jan 17, 2022) PoW Group YouTube Video showing HEXO Corp Investor Relations Confirming Fortune 200 Partnership in Place with HEXO Corp under Non-Disclosure Agreement
https://www.youtube.com/watch?v=5itQAN3B8Cc&t=3s
 
(July 13, 2021) Molson-Coors Announces Expansion of CBD Drinks across Colorado
https://www.molsoncoorsblog.com/news/truss-cbd-usa-plans-expansion-across-colorado
 
(June 16, 2021) Cantor Fitzgerald Fireside Chat with HEXO CEO Sebastien S.L. & CFO Trent M.
https://www.youtube.com/watch?v=gvStRypSOpA
 
(June 12, 2021) HEXO CEO on BNN
https://www.bnnbloomberg.ca/marijuana/video/focused-product-strategy-can-bring-us-ahead-in-the-u-s-market-hexo-ceo~2222003
 
Video Highlights (min:sec):
 
(Min 5:30) Fully activate Belleville center By September. Bulk package from cultivation facility to retail shelf in 5 days.
(Min 6:35) Some analysts find the price paid for Redecan considerably low versus was they are actually valued at. Received an offer at 1.4B and turned it down.
(Min 7:15) Redecan numbers will blow the market away. They need Redecan audit before they can post numbers. Making sure they cross Ts and dot the Is (this has since been provided, see link provided below)
(Min 8:30) They want to bring that #1 portfolio from Canada to the USA. They've got great margins and he thinks that MSO will be interested in getting those excellent products plus excellent margins.
 
 
June 11, 2021 – Interview with HEXO CEO
https://www.youtube.com/watch?v=MBOiRu7Z15Y
 
Comments include:
  • HEXO becoming #1 in Canada as major deals close
  • Environmental concerns / changes being made by HEXO (See HEXO News Releases below)
  • Purchase of Redecan which has seen 169% Growth Year over Year
  • SSL believes there will be only 3 major players in the sector
  • Worldwide expansion plans
  • HEXO already in the US and selling product
  • Working with Molson to expand to more states – coming Soon
  • Functional Foods expansion – Legal to sell in US today
  • Prepping the business to expand as soon as rules change in the US
  • Number 1 producer in a number of Canadian Provinces
  • Blew Canopy out of the water with drinks
  • HEXO mostly focused on US Expansion at this time but also planning on Worldwide expansion
  • Products currently being sold in Israel
  • Discussion regarding distribution of product overseas through Molson sales channels
  • Aiming to EPS positive in a short period of time
 
(May 28, 2021) CNN Interview with HEXO CEO Regarding Redecan Acquisition (Video)
https://www.youtube.com/watch?v=Z50nIYXQRwM&t=10s
 
(May 28, 2021) HEXO+ Redecan (Splash Video)
https://www.youtube.com/watch?v=zHwI9ZnNCXY
 
 
Slide # 9 Reports Redecan as having 169% Year over Year increase in Sales as well as 50% + Gross Margins
Slide # 18 Shows HEXO expecting $32 Million in Annual Savings Post-Zenabis + 48 North deals closing
 
Additional Link – Redecan Products carried by Shoppers Drugmart
https://cannabis.shoppersdrugmart.ca/en_CA/lps/redecan
 
(May 28, 2021) HEXO NOW #1 Video
https://www.youtube.com/watch?v=zHwI9ZnNCXY
 
(May 20, 2021) BMO Capital Markets 16th Annual Farm to Market Conference – Video Interview with HEXO CEO and CFO
https://www.youtube.com/watch?v=plKNIcTXD70&t=23s
 
Video Highlights (min:sec):
Merger and Acquisition discussion regarding Zenabis and 48-North
HEXO seeking 20% Canadian Market Share
Expansion of product line in order to approach larger partner
New Bake Sale Product and Original Stash products targeting Black-market Customers (and winning)
How HEXO is addressing inventory management to avoid write-downs,
UP! Product line supporting 20% + THC levels
Powered By HEXO strategy for Consumer Packaged Goods (CPG) partners, moving to “functional foods”, (eg Pet Care and Cosmetics),
(Min 18:50) HEXO displaced major CPG producers in Colorado with drink launch,
(Min 20:30) 2nd Largest Patent Holder in Sector,
(Min 22:10) Colorado as launching location into the rest of the US,
(Min 23:40) Powered by HEXO structure compared to Intel Business Model,
(Min 27:00) HEXO has THC Zoning in US,
(Min 31:15) HEXO Drink re-buy rate for first time buyers of Truss drinks apx 85%.
 
(May 11, 2021) Canaccord Genuity’s 5th Annual Global Cannabis Conference – Interview with HEXO CEO
https://www.youtube.com/watch?v=oFFW1D7ZMyk&t=171s
 
2021 ICR Presentation with HEXO CEO (discussion on US expansion into Colorado and beyond)
https://icrinc.touchcast.com/showtime/icr-conference/embed/6a310d2c-3a67-6022-c73f-165d733a591a
 
Note: Starting from minute marker 19:20 the CEO comments on how HEXO has access to Molson’s relationship with Coke and Dwayne Johnson “The Rock”
 
(Dec 9th, 2020) - Video HEXO Virtually Rolls out New Belleville Facility
https://youtu.be/nhTKnCRhzv4
 
Link to HEXO Video Library Showing Inside the Operation
https://www.hexocorp.com/videos/
 
Powered By HEXO Summary (HEXO Page)
https://www.hexocorp.com/powered-by-hexo/?fbclid=IwAR1mcH41Fy_P3BnHaM3MXrops-atTYVY7mnRXBZIzYpbk_OZSOT2YmE4xT0
 
 
HEXO, MOLSON-COORS and TILRAY NEWS RELEASES:
 
NOTE:  A complete list of all HEXO Corp Press Releases is located on the HEXO Homepage
https://www.hexocorp.com/press-releases/  
 
NOTE on New Product Releases: HEXO Corp appears to favor releasing news of New Product rollouts via LinkedIn.  Investors are recommended to follow HEXO Corp on LinkedIn in order to be current on new Product Rollouts.
 
(Jan 31, 2022) HEXO Provides Nasdaq Listing Update
https://www.globenewswire.com/news-release/2022/01/31/2375586/0/en/HEXO-Provides-Nasdaq-Listing-Update.html
 
(Jan 25, 2022) HEXO Provides Update on "The Path Forward"; Maintains #1 Position in Canada and Announces Redecan Product and Market Expansion
https://www.globenewswire.com/news-release/2022/01/25/2372590/0/en/HEXO-Provides-Update-on-The-Path-Forward-Maintains-1-Position-in-Canada-and-Announces-Redecan-Product-and-Market-Expansion.html
 
(Jan 25, 2022) Molson Coors Enters Exclusive Agreement With The Coca-Cola Company to Launch New Brand Inspired by Simply® Juices in the Alcohol Aisle
https://ir.molsoncoors.com/news/news-details/2022/Molson-Coors-Enters-Exclusive-Agreement-With-The-Coca-Cola-Company-to-Launch-New-Brand-Inspired-by-Simply-Juices-in-the-Alcohol-Aisle/default.aspx
 
(Jan 19, 2022) HEXO Provides Update on "The Path Forward"; Announces Cost Savings Initiatives
https://www.globenewswire.com/news-release/2022/01/19/2369153/0/en/HEXO-Provides-Update-on-The-Path-Forward-Announces-Cost-Savings-Initiatives.html
 
(Jan 5, 2022) HEXO Announces the Appointment of a New Board Member and Acting CFO
https://www.globenewswire.com/news-release/2022/01/05/2361654/0/en/HEXO-Announces-the-Appointment-of-a-New-Board-Member-and-Acting-CFO.html
 
(Dec 14, 2021) HEXO Announces Appointment of John K. Bell as Chair of Board of Directors
https://www.globenewswire.com/news-release/2021/12/14/2351475/0/en/HEXO-Announces-Appointment-of-John-K-Bell-as-Chair-of-Board-of-Directors.html
 
(Nov 19, 2021) HEXO Announces Changes to its Board of Directors
https://www.globenewswire.com/news-release/2021/11/19/2338110/0/en/HEXO-Announces-Changes-to-its-Board-of-Directors.html
 
(Nov 9, 2021) HEXO Provides Integration Update
https://www.globenewswire.com/news-release/2021/11/09/2330623/0/en/HEXO-Provides-Integration-Update.html
 
Note:  The above News Release details the disposal of facilities and staff reductions found to be unnecessary to fulfill the companies longer term business objectives.
 
(Nov 4, 2021) Redecan Expands Their Redees Line-Up with New Strains, More Bud and Holiday Spirit
https://www.newswire.ca/news-releases/redecan-expands-their-redees-line-up-with-new-strains-more-bud-and-holiday-spirit-863314732.html?s=09&fbclid=IwAR1cY2JiuwvNCKZGdV4EOAXqPG2PT1qVuvmgDCh1hcR6Y5j1lyNKD-yqpSU
 
(Nov 1, 2021) Truss Beverage Co. Expands into Partnerships with First Collaborative Brand, Bedfellow Liquid Arts
https://www.globenewswire.com/news-release/2021/11/01/2324132/0/en/Truss-Beverage-Co-Expands-into-Partnerships-with-First-Collaborative-Brand-Bedfellow-Liquid-Arts.html?fbclid=IwAR0keDYn6Wqgsopq4MdeHmcocP72l9l8Hhevc7xu-4wL4V2vkE85GQH3O2A
 
(Oct 20, 2021) HEXO Announces Scott Cooper as President & CEO
https://www.globenewswire.com/news-release/2021/10/20/2317236/0/en/HEXO-Announces-Scott-Cooper-as-President-CEO.html
 
(Oct 12, 2021) Molson Coors and The Coca-Cola Company Expand Offering to Bring Topo Chico Hard Seltzer® to Canada
https://www.newswire.ca/news-releases/molson-coors-and-the-coca-cola-company-expand-offering-to-bring-topo-chico-hard-seltzer-r-to-canada-855571416.html
 
(Oct 6, 2021) Truss CBD USA, A Molson Coors And HEXO Corp Joint Venture, Expands Veryvell™ CBD Beverages Semi-Nationally
https://www.prnewswire.com/news-releases/truss-cbd-usa-a-molson-coors-and-hexo-corp-joint-venture-expands-veryvell-cbd-beverages-semi-nationally-301393497.html
 
Note:  Expansion into 17 US States
 
Additional Link (Article) – Oct 11, 2021 Molson Coors, HEXO Corp Serve Up CBD Sparkling Water in More States
https://www.nutraingredients-usa.com/Article/2021/10/11/Molson-Coors-Hexo-Corp-serve-up-CBD-sparkling-water-in-more-states
 
(Sept 16, 2021) HEXO Achieves Carbon Neutrality
https://www.globenewswire.com/news-release/2021/09/16/2298232/0/en/HEXO-Achieves-Carbon-Neutrality.html
 
(Sept 15, 2021) HEXO to participate in Citi’s 5th Annual Consumer Disruptive Growth Conference
https://www.globenewswire.com/news-release/2021/09/15/2297316/0/en/HEXO-to-participate-in-Citi-s-5th-Annual-Consumer-Disruptive-Growth-Conference.html
 
(Sept 1, 2021) HEXO and 48North announce closing of arrangement
https://www.globenewswire.com/news-release/2021/09/01/2289876/0/en/HEXO-and-48North-announce-closing-of-arrangement.html
 
(Aug 30, 2021) HEXO announces closing of Redecan transaction
https://www.globenewswire.com/news-release/2021/08/30/2288543/0/en/HEXO-announces-closing-of-Redecan-transaction.html
 
(Aug 26, 2021) HEXO appoints Chief People & Culture Officer
https://www.globenewswire.com/news-release/2021/08/26/2286876/0/en/HEXO-appoints-Chief-People-Culture-Officer.html
 
(Aug 24, 2021) HEXO Corp. Closes US$144.8 Million Underwritten Public Offering
https://www.globenewswire.com/news-release/2021/08/24/2285933/0/en/HEXO-Corp-Closes-US-144-8-Million-Underwritten-Public-Offering.html
 
(Aug 25, 2021) HEXO Corp.’s Shareholders Overwhelmingly Approve Redecan Transaction and Senior Secured Convertible Note Financing Share Reserve
https://www.globenewswire.com/news-release/2021/08/25/2286658/0/en/HEXO-Corp-s-Shareholders-Overwhelmingly-Approve-Redecan-Transaction-and-Senior-Secured-Convertible-Note-Financing-Share-Reserve.html
 
(Aug 24, 2021) HEXO to Begin Trading on the Nasdaq (Move from NYSE)
https://www.globenewswire.com/news-release/2021/08/24/2285373/0/en/HEXO-to-Begin-Trading-on-the-Nasdaq.html
 
(Aug 16, 2021) HEXO expands its global leadership team with the appointment of Chief Commercial Officer
https://www.globenewswire.com/news-release/2021/08/16/2280923/0/en/HEXO-expands-its-global-leadership-team-with-the-appointment-of-Chief-Commercial-Officer.html
 
(July 14, 2021) HEXO provides update on Redecan acquisition
https://www.globenewswire.com/news-release/2021/07/14/2262586/0/en/HEXO-provides-update-on-Redecan-acquisition.html
 
(June 28, 2021) HEXO Corp formalizes its US presence with acquisition of production facility in Colorado
https://www.globenewswire.com/news-release/2021/06/28/2253703/0/en/HEXO-Corp-formalizes-its-US-presence-with-acquisition-of-production-facility-in-Colorado.html
 
Additional Link:  News Article Showing the Actual Facility
https://www.affinityrepartners.com/hexo-usa-acquires-industrial-condos/
 
Additional Link: (MJ Biz Daily) – Notes on cost of purchase as well as upgrades
https://mjbizdaily.com/Canadian-cannabis-producer-hexo-to-enter-us-with-colorado-production-facility/
 
NOTE:  The purchase of the facility is noted as being apx $6 Million with upgrades expected to cost in the range of $16.5 to $49.5 Million
 
(June 9, 2021) HEXO Corp wins dismissal of NY state court shareholder class action
https://www.globenewswire.com/news-release/2021/06/09/2244200/0/en/HEXO-Corp-wins-dismissal-of-NY-state-court-shareholder-class-action.html
 
(June 8, 2021) HEXO Corp commits to ESG leadership, starts by offsetting 100% of carbon emissions and plastic packaging
https://www.globenewswire.com/news-release/2021/06/08/2243398/0/en/HEXO-Corp-commits-to-ESG-leadership-starts-by-offsetting-100-of-carbon-emissions-and-plastic-packaging.html
 
Note:  As per the 2021 Year end MD&A Report, HEXO Corp entered into an agreement with Offsetters, a Vancouver-based organization that supports renewable energy and carbon projects across the world, and became carbon neutral in September 2021, as well as offseting 100% of the Company’s operational carbon emissions in addition to the personal emissions of our 1,200 employees.
 
 
(June 1, 2021) HEXO Corp. and Zenabis Global Inc. Announce Closing of Arrangement
https://www.globenewswire.com/news-release/2021/06/01/2239519/0/en/HEXO-Corp-and-Zenabis-Global-Inc-Announce-Closing-of-Arrangement.html
 
(May 28, 2021) HEXO Corp announces acquisition of Redecan to create Canadian market leader in adult-use sales
https://www.globenewswire.com/fr/news-release/2021/05/28/2238104/0/en/HEXO-Corp-announces-acquisition-of-Redecan-to-create-Canadian-market-leader-in-adult-use-sales.html
 
Taken From Above News Release
“With today’s announcement, we believe that we are on the verge of surpassing that objective to become the no.1 licensed producer by recreational market share. Building on our strong market momentum, the combination of HEXO and Redecan reinforces our position as an industry leader and creates a robust foundation for growth, efficiency at scale and improved financial results.”
 
(May 27, 2021) HEXO Corp Announces Public Offering of Senior Secured Convertible Notes
https://www.globenewswire.com/news-release/2021/05/28/2237912/0/en/HEXO-Corp-Announces-Public-Offering-of-Senior-Secured-Convertible-Notes.html
 
Taken from Above News Release
The Company expects to use substantially all of the net proceeds from the Offering to fund the acquisition (the “Potential Acquisition”), if it occurs, of a large Canadian licensed producer (the “Target Business”). The Company has not yet entered into a definitive agreement for the Potential Acquisition.
 
(May 17, 2021) HEXO Corp to acquire 48North Cannabis Corp.
https://www.globenewswire.com/news-release/2021/05/17/2230497/0/en/HEXO-Corp-to-acquire-48North-Cannabis-Corp.html
 
Taken from Above News Release:
 
  • Diversifies product portfolio: The addition of 48North’s innovative product offering, including topicals, bath and intimacy products provides a strong base for potential future CPG partnerships in the US, Canada and internationally.
 
  • Offers accretive synergies: HEXO estimates that, assuming completion of the Transaction, it may realize annual synergies of up to $12 million within one year of close, through cost of goods reductions, additional capacity utilization in HEXO’s Belleville Centre of Excellence and selling, general and administrative savings, which, if realized, should allow HEXO to continue its path towards positive earnings.
 
 
(May 14, 2021) HEXO Corp Announces Filing of Preliminary Base Shelf Prospectus for Debt and Planned Reduction in Previously Filed Shelf Prospectus for Equity
https://www.globenewswire.com/news-release/2021/05/14/2230199/0/en/HEXO-Corp-Announces-Filing-of-Preliminary-Base-Shelf-Prospectus-for-Debt-and-Planned-Reduction-in-Previously-Filed-Shelf-Prospectus-for-Equity.html
 
(May 14, 2021) HEXO Corp announces US production facility in Colorado
https://www.globenewswire.com/news-release/2021/05/14/2229789/0/en/HEXO-Corp-announces-US-production-facility-in-Colorado.html
 
Taken From Above News Release
The ~50,000 sq. ft. facility, located in Northern Colorado, will provide US CPGs and consumers access to the Powered by HEXO® technology.
 
Note:  The company has disclosed that the facility cost $6 Million USD to purchase and between $16.5 and $49 Million USD to retrofit
 
HEXO’s first in the US, is zoned for production of a full range of cannabinoids and offers multiple operational capabilities. The site will support Powered by HEXO initiatives across the country, in compliance with all applicable laws and regulations.
 
(May 14, 2021) ZENABIS MALTESE JOINT VENTURE PARTNER ZENPHARM RECEIVES LICENSE FOR PRODUCTION & DISTRIBUTION OF CANNABIS
https://www.zenabis.com/zenabis-maltese-joint-venture-partner-zenpharm-receives-license-for-production-distribution-of-cannabis/
 
Taken from Above News Release
The Medicinal Cannabis License allows ZenPharm to commence commercial shipments to the European Union, where Germany is ZenPharm’s most prominent target market.  ZenPharm has an executed supply agreement with a German-based customer to supply a minimum volume of 500 kg per year.  To that end, ZenPharm will be accepting shipments of up to 300kg from Zenabis Atholville through the end of this calendar year.
 
“… launching finished cannabis products under its own brand for distribution within the Maltese medicinal cannabis market, with similar entry into the Polish Market expected in the Q1 2022”
 
(May 13, 2021) HEXO Corp and REQ Announce Brand Partnership for “Powered By HEXO®” Expansion into United States
https://www.globenewswire.com/news-release/2021/05/13/2228927/0/en/HEXO-Corp-and-REQ-Announce-Brand-Partnership-for-Powered-By-HEXO-Expansion-into-United-States.html
 
Taken From Above News Release
As U.S. Agency of Record, REQ will assist HEXO as it continues to expand its footprint in the U.S. and ramps up to support the growth initiatives of Truss CBD USA, its joint venture with Molson Coors, and for potential non-beverage CPG partners with whom the Company is in ongoing discussions.
 
Note:  REQ has worked with such companies as eBay, MasterCard and Amazon.
 
Direct Link to REQ Marketing Website (Companies they have worked with)
https://req.co/work/featured-work
 
(May 11, 2021) HEXO Corp Announces At-the-Market Offering of up to C$150,000,000
https://www.globenewswire.com/news-release/2021/05/11/2227270/0/en/HEXO-Corp-Announces-At-the-Market-Offering-of-up-to-C-150-000-000.html
 
Taken From Above News Release
The Company expects to use the net proceeds from the ATM Program for general corporate purposes, which may include: (i) costs ‎associated with the Company’s U.S. expansion plans including the contemplated acquisition of a facility in the State of Col‎orado and its subsequent retrofitting and improvement; (ii) capital expenditures, including potential capital ‎expenditures to make additional improvements to the production lines at the Company’s Belleville, Ontario facility; ‎‎(iii) potential future acquisitions; (iv) working capital, including replenishing existing cash resources and working capital which will be used to fund ‎certain transaction and integration costs and minimum debt repayments related to the Company’s proposed acquisition of Zenabis Global Inc. (“Zenabis”); and (v) ‎repayment of additional debts owed by Zenabis following the completion of the Zenabis acquisition.
 
(May 3, 2021) - HEXO Corp Announces Repayment of Credit Facility
https://www.globenewswire.com/news-release/2021/05/03/2221193/0/en/HEXO-Corp-Announces-Repayment-of-Credit-Facility.html
 
Taken From Above News Release
“We believe repayment of the credit facility provides HEXO with flexibility as we continue to execute on our US expansion plans and our goal to become a top two Canadian LP by adult-use recreational cannabis sales,” said HEXO CEO and co-founder Sebastien St-Louis. “We would like to thank our lenders for their support, which has contributed to HEXO’s success to date.”
 
(Apr 28, 2021) – HEXO Corp receives Control Union Medical Cannabis Standard GACP certification
https://www.globenewswire.com/news-release/2021/04/28/2218430/0/en/HEXO-Corp-receives-Control-Union-Medical-Cannabis-Standard-GACP-certification.html
 
Taken From Above News Release:
CUMCS-GACP certification represents a standard of quality and consistency for cannabis propagation, cultivation and post-harvest processes and is compliant with both the World Health Organization and European Medicines Agency Good Agricultural and Collection Practice guidelines
 
(Apr 21, 2021) – HEXO Wins 2021 Atomic Award
https://atomicawards.strategyonline.ca/winners/winner/2021/?e=110149&n=Veryvell
 
(Apr 15, 2021) - HEXO Corp Announces Filing of $1.2B Preliminary Base Shelf Prospectus
https://www.globenewswire.com/news-release/2021/04/15/2211308/0/en/HEXO-Corp-Announces-Filing-of-1-2B-Preliminary-Base-Shelf-Prospectus.html
 
Taken From Above News Release:
“We made the decision to file this new base shelf prospectus and registration statement to provide maximum flexibility as we continue to pursue strategic initiatives in both the United States and Canada,” said HEXO CEO and co-founder Sebastien St-Louis. “We have now started to deploy capital in the United States, are remaining active in M&A and are in ongoing discussions with potential non-beverage CPG partners which we expect will require additional capital as we continue to execute on our growth and expansion strategy.”
 
(Apr 14, 2021 – HEXO / Molson JV – Truss Launch New Drinks for Summer
https://www.benzinga.com/markets/cannabis/21/04/20621085/molson-coors-hexo-cannabis-jv-truss-beverage-to-launch-six-new-products-this-summer
 
(Apr 8, 2021) HEXO’s Partner Molson Coors Nominates Julia M. Brown as an Independent Director to Join Its Board of Directors
https://ir.molsoncoors.com/news/press-release-details/2021/Molson-Coors-Nominates-Julia-M.-Brown-as-an-Independent-Director-to-Join-Its-Board-of-Directors/default.aspx
 
Note:  As outlined in the news out from Molson, Mrs. Brown has been previously employed with Mars-Wrigley as well as Kraft Foods.
 
(Apr 6, 2021) – HEXO Launches Bake Sale – New Cannabis Baking Flower
https://www.globenewswire.com/news-release/2021/04/06/2204803/0/en/HEXO-launches-first-of-its-kind-Bake-Sale-value-brand.html
 
(Mar 26, 2021) – HEXO CFO Trent McDonald Hosts Reddit Ask-Me-Anything (AMA) Session
https://www.reddit.com/r/TheCannalysts/comments/m8rljy/hi_this_is_trent_macdonald_cfo_of_hexo_corp_ill/
 
Note: Trent addressed a number of topics from US Expansion to what a US Strategy would look like.  He also noted how undervalued the stock is in relation to others in the industry based on sales (this compares to share count vs sales dollars, PS-Ratio math helps explain what he is referring to)
 
(Feb 22, 2021) – HEXO and Namaste Tech Sign Agreement for New Product Releases
https://www.globenewswire.com/news-release/2021/02/22/2179988/0/en/Namaste-Technologies-Subsidiary-CannMart-Signs-National-Supply-Agreement-with-HEXO.html
 
(Feb 16, 2021) HEXO Corp. to acquire Zenabis Global Inc.
https://www.globenewswire.com/news-release/2021/02/16/2176435/0/en/HEXO-Corp-to-acquire-Zenabis-Global-Inc.html
 
(Feb 2, 2021) - HEXO Book Launch 
https://obj.ca/article/local/book-excerpt-billion-dollar-start
 
(Jan 13, 2021) Truss CBD USA, a HEXO Corp and Molson Coors joint venture, launches Veryvell sparkling CBD water in Colorado
https://www.globenewswire.com/news-release/2021/01/13/2158006/0/en/Truss-CBD-USA-a-HEXO-Corp-and-Molson-Coors-joint-venture-launches-Veryvell-sparkling-CBD-water-in-Colorado.html
 
(Jan 12, 2021) Dwayne ‘The Rock’ Johnson partners with Molson Coors for nonalcoholic energy drink
https://www.msn.com/en-us/money/smallbusiness/dwayne-the-rock-johnson-partners-with-molson-coors-for-nonalcoholic-energy-drink/ar-BB1cEP6r
 
 
FINANCIALS AND QUARTER REPORTS
Foreword: Links to the trailing five Quarter Reports are provided below. Visit the HEXO homepage and / or www.Sedar.com for detailed information. HEXO’s 2022 Q3 report is expected out in June, 2022.
 
HEXO - Investor Relations Homepage - Quarter Reports and MD&A Reports (Also see www.sedar.com for more details)
https://www.hexocorp.com/investors/
 
2022 Quarter 2 Report
 
(Mar 18, 2022) HEXO Reports Second Quarter 2022 Results, Embarks on Transformative Plan
https://www.globenewswire.com/news-release/2022/03/18/2405925/0/en/HEXO-Reports-Second-Quarter-2022-Results-Embarks-on-Transformative-Plan.html
 
(Mar 18, 2022) 2022 Quarter 2 Earnings Call Transcript
https://seekingalpha.com/amp/article/4496532-hexo-corp-hexo-ceo-scott-cooper-on-q2-2022-results-earnings-call-transcript
 
(Mar 18, 2022) 2022 Q2 HEXO Corp. Condensed Interim Consolidated Financial Statement
https://staticproduction.s3.amazonaws.com/financial-statements/2022/Q2+FY22+HEXO+Corp.+Financial+Statements.pdf
 
2022 Quarter 1 Report
 
(Dec 14, 2021) HEXO Reports First Quarter 2022 Results and Launches New Strategic Plan, “The Path Forward” to Solidify its Position as Canada’s Leading Cannabis Company
https://www.globenewswire.com/news-release/2021/12/14/2351553/0/en/HEXO-Reports-First-Quarter-2022-Results-and-Launches-New-Strategic-Plan-The-Path-Forward-to-Solidify-its-Position-as-Canada-s-Leading-Cannabis-Company.html
 
(Dec 14, 2021) HEXO 2022 Q1 Earnings Call Transcript
https://news.alphastreet.com/hexo-corp-hexo-q1-2022-earnings-call-transcript/
 
(Dec 14, 2021) - HEXO 2022 Q1 Earnings Call - Audio Recording
https://www.youtube.com/watch?v=3uxOq30D9yo
 
 
2021 Quarter 4 / Year End Report
 
(Oct 29, 2021) HEXO Corp Reports Fourth Quarter Fiscal 2021 Financial Results
https://www.globenewswire.com/news-release/2021/10/29/2323554/0/en/HEXO-Reports-Fourth-Quarter-and-Fiscal-Year-2021-Financial-Results-Highlighting-Strong-Growth.html
 
(Oct 29, 2021) Forth QTR Earnings Call Transcript
https://seekingalpha.com/amp/article/4463513-hexos-hexo-ceo-scott-cooper-on-q4-2021-results-earnings-call-transcript
 
2021 Quarter 3 Report
 
HEXO Corp Reports Third Quarter Fiscal 2021 Financial Results
https://www.globenewswire.com/news-release/2021/06/14/2246424/0/en/HEXO-Corp-Reports-Third-Quarter-Fiscal-2021-Financial-Results.html
 
(June 14, 2021) – Audio file of HEXO 2021 Q3 Earnings Call
https://www.youtube.com/watch?v=V7kE3LeVb9A
 
 
2021 Quarter 2 Report
 
(March 3, 2021) HEXO Corp announces positive adjusted EBITDA and 94% increase in net revenue from prior year (2021 Q2 Report)
https://www.globenewswire.com/news-release/2021/03/18/2195226/0/en/HEXO-Corp-announces-positive-adjusted-EBITDA-and-94-increase-in-net-revenue-from-prior-year.html
 
Note: HEXO Achieved positive adjusted EBITDA, along with the seventh consecutive quarter of adjusted EBITDA improvement.   This is a milestone yet to be achieved by Canopy Growth or Aurora Cannabis
 
 
2021 Quarter 1 Report
 
(Dec 14, 2020) HEXO Corp Reports First Quarter Fiscal 2021 Financial Results (2021 Q1 Report)
https://www.globenewswire.com/news-release/2020/12/14/2144424/0/en/HEXO-Corp-Reports-First-Quarter-Fiscal-2021-Financial-Results.html
 
(Oct 29, 2020) HEXO Corp Reports Financial Results for the Fourth Quarter and Fiscal Year 2020 (2020 Year End / Q4 Report)
https://www.globenewswire.com/news-release/2020/10/29/2117487/0/en/HEXO-Corp-Reports-Financial-Results-for-the-Fourth-Quarter-and-Fiscal-Year-2020.html
 
HEXO EARNINGS CALL TRANSCRIPT LIBRARY
https://seekingalpha.com/symbol/HEXO/earnings/transcripts
 
 
NOTABLE NEWS FROM 2020 AND EARLIER
 
(Dec 23, 2020) – HEXO Completes 4:1 Stock Consolidation.
HEXO consolidated shares at a ratio of 4:1 on Dec 23, 2020 in order to comply with NYSE minimum listing requirements.  This occurred during Covid while the entire Cannabis Sector was largely being ignored due to the pandemic.
 
(July 9, 2020) HEXO established a Medical Cannabis Supply contract with Israel
https://www.globenewswire.com/news-release/2020/07/09/2059798/0/en/HEXO-launches-medical-cannabis-products-in-Israel.html
 
(April 15, 2020) Molson Coors and HEXO Corp Expand Partnership with Joint Venture in Colorado
https://www.businesswire.com/news/home/20200415005395/en/Molson-Coors-HEXO-Corp-Expand-Partnership-Joint
 
Additional Link:  Molson / HEXO JV in the US – TrussCBDusa Homepage
https://trusscbdusa.com/
 
(Sept 29, 2020) Molson Coors to Bring Coke’s Alcoholic Topo Chico to U.S.
https://www.msn.com/EN-US/money/companies/molson-coors-to-bring-coke-s-alcoholic-topo-chico-to-u-s/ar-BB19xmoa
 
(Aug 31, 2020) Zenabis Announces First Shipment to Australia
https://www.hexocorp.com/2020/08/31/zenabis-announces-first-shipment-to-australia/
 
(Oct 31, 2019) Molson Coors drops ‘Brewing Co’ from its name as it looks beyond beer
https://www.cnbc.com/2019/10/31/molson-coors-drops-brewing-co-from-its-name-as-it-looks-beyond-beer.html#:~:text=Molson%20Coors%20Brewing%20Company%2C%20one%20of%20the%20world%E2%80%99s,name%20will%20shift%20to%20%E2%80%9CMolson%20Coors%20Beverage%20Company.%E2%80%9D
 
Taken From Above News Release:
Molson Coors Brewing Company, one of the world’s largest brewers, is to rename itself in an effort to “expand beyond beer.”
 
Louisa Osmond, a professor of marketing at Edinburgh Business School said the name change will let Molson Coors adapt to consumers’ changing tastes.
 
(Oct 4, 2018) Molson Coors Canada and HEXO Launch Truss
https://www.newswire.ca/news-releases/molson-coors-canada-and-hexo-launch-truss-695202311.html
 
 
 
Research Links:
 
Canadian Cannabis Tier 1 Index List
https://www.newcannabisventures.com/canadian-cannabis-lp-tier-1-index/
 
Library of all HEXO, NewStrike Resources, and Zenabis Global News Releases
https://www.hexocorp.com/press-releases/
 
HEXO – Institutional Ownership Information
https://fintel.io/so/us/hexo
 
HEXO – Insider Trading Information
https://www.canadianinsider.com/node/7?menu_tickersearch=HEXO+%7C+HEXO
 
Note:  Most recent activity includes Dr. Munzar purchasing just under 160,000 shares on the open market at a price of $1.73 CDN
 
HEXO - Price to Sales Ratio Data
https://ycharts.com/companies/HEXO.TO/ps_ratio
 
HEXO Historical Daily Shareprice Data
https://ca.finance.yahoo.com/quote/HEXO.TO/history/
 
HEXO Live Trading Link for Extended Hours Trading (Stated in US Dollars)
https://www.marketwatch.com/investing/stock/hexo



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