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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

BLACKROCK Municipal Income TRUST
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Comment by catfacesupremeon Sep 21, 2017 8:42am
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Post# 26724419

RE:RE:RE: One of the major players

RE:RE:RE: One of the major players
Expansion is set to begin this Fall, if they're up and running they could easily contribute to filling the demand in Quebec. Current production capacity is around 4,200 KGs/year which is more than a few OZs: (quote from expansion news release - This expansion will increase Hydropothecary's capacity under the Access to Cannabis for Medical Purposes Regulations (Canada) from 50,000 sq. ft. to 300,000 sq. ft. Hydropothecary's management anticipates a resulting increase in annual production capacity of six times its current production capacity to 25,000 kilograms of dried cannabis per year.)

Using Q3 figures
4,200,000 grams @ $8.62/g = $36.2M gross 
Cash cost per g = 4.2M x $1.32 = $5.544M
At the current production & costs they're undervalued @ the current market cap
Quebec takes care of their own, so THCX will have the lion's share of demand (if they can fill it).
GLTA
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Dealroom for high-potential pre-IPO opportunities