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 > Trade what

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Comment by quinlashon Aug 21, 2020 11:21am

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Post# 31438444

RE:RE:Trade what

When you step back and look at who HEXO is partnered with it is unlikely the company is doing anything but its best to get a quality product out the door to the biggest markets it can.

HEXO is partnered with Molson Coors, the 2nd largest brewer in North America. Molson Coors would not risk its own reputation and get in bed with a company it was not comfortable with. HEXO and Molson formed TRUSS together in the early days of Cannabis legalization to produce and sell drinks into Canada. In April of 2020 they formed another branch of TRUSS to promote and sell infused drinks into the United States.

During the Molson Coors earnings call they Coors mentioned that TRUSS "products" have already shipped out to the United States. None of this has come out yet as an offical News Release from the company however it is reasonable to expect that HEXO and Molson willl be making it public that drinks are available.

if you check over the last QTR report you will also note a substantial increase in the marketing budget of HEXO. This uptick in budget for marketing could be used for a substantial advertising campaign or other promotional actvities. If that is the case it will likely kick in just after the offical launch of drinks. More exposure for the company and the products means more interest from investors and current investors being less likely to sell their shares. That points to a share price increase.

ItsRightNow wrote:

Greenshooes wrote: Cibc downgraded Hexo..when you do little u get litttle. Not to be negative...will we even see beverages. I feel that if us investors have been led down the line, this is what it would look like....next beverages won’t be out until Christmas and then it will be after Newyears...

They have products to sell alright!!!

https://www.sqdc.ca/en-CA/Search?keywords=hexo&sortBy=score&sortDirection=desc&page=1