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 > Hexo next partnership

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Comment by Lappy001on Feb 21, 2021 9:43am

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Post# 32621089

RE:Hexo next partnership

Playing along, I'll go with 2 picks for 2021, for CBD USA:

Mondelez International

Mondelez international may not sound familiar to you. Well they are behind the brands Oreo, Trident, Chips Ahoy and many more well known brands. They are looking to get into the cannabis industry, more aggressively than my previous picks. In May of 2019, they announced they were interested in creating CBD Oreos. They reiterated this in 2020. I think 2021 will become the year they make a move in this industry. Hexo would willingly partner with Mondelez. I think any cannabis company would. They could be the future of edibles. Imagine a Oreo that gets you high. Stoners would love that.

Hexo has stated early this year that they are planning on announcing more partnerships this year. Watching and reading everything a company puts out gives hints into what is going to happen next. That’s how I knew news was coming out soon last week and it was going to be big. Well I am here to tell you, we should have partnership news sometime in March. I want to make it clear, Sebastian stated it is a Fortune 500 company. All the picks above are Fortune 500 companies. He also did hint that it could be multiple throughout this year. Get ready for a strong setup year for Hexo, as we look for legalization in 2022.

And because SSL once mentioned that talks, albeit more than a year ago, were most advanced with a cigarette producer, my second pick is:

Phillip Morris International

Philip Morris and Hexo would be the perfect partnership for both. Phillip Morris is lost right now. They plan on eliminating cigarettes by 2030. They are going to need to develop new products and venture into new industries. They need to get in the cannabis industry if they want to survive long term. Alteria has already made a big investment in Cronos. Phillip Morris should find a way to get into the space soon. Hexo needs help in this area. Their vapor products have gotten off to a slow start. A partnership with Phillip Morris would be a huge help, especially with their plans to become a global brand. The cannabis vapor market share will become pretty big, almost the same as the beverage. If Hexo can strike a strategic deal in this area, they can become the leader in the vapor industry.