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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 Sep 30, 2021 3:01pm
128 Views
Post# 33947023

RE:US Legalization -> Progress on MORE Act

RE:US Legalization -> Progress on MORE ActThe last time all the Canadian Cannabis Stocks rallied is when the Dems won the election and speculation on earlier than expected legalization came in.  The Dems didn't push legalization through as fast as the market had expected and all the Cannabis Stocks sold off as a result....  news moved the market, not overnight but it certainly moved the shareprice of all Cannabis Stocks.

Here again we have legalization becoming a possibility and frankly it's worth waiting for to see once again we start seeing a trend in the value of Cannabis Stocks.

It's a WHEN, not an IF IMHO and I have the patience to wait

Q




quinlash wrote: If you are tracking opportunities in the Cannabis Sector be sure to monitor the US House of Representatives progress on the MORE Act as well as the SAFE Act.

The MORE Act is currently scheduled to be voted on in the House today.

https://www.marijuanamoment.net/watch-live-federal-marijuana-legalization-vote-in-congress-days-after-banking-reform-advances/

The SAFE Backing Act is currently bundled with the large Defence Bill being voted on in the Senate

HEXO has no say in this nor does anyone on this stock forum however it will be news related to the Cannabis Sector and ...  News Moves the Market.

Q



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