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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 BUYING4MEon Aug 29, 2018 11:10am
59 Views
Post# 28535641

RE:RE:RE:State of Nevada blows by

RE:RE:RE:State of Nevada blows byCanada only had 20.3 million international tourists last year.  I'm assuming you're including Canadians (BC, Ontario etc...) that visited Quebec, which would probably hold true to make the total 30m.  As a HEXO holder, I'm hoping Canadians support Quebec brands upon arrival in Quebec, it will be great for the bottom line. 

That being said, here's another way to look at it;  Canada's population 36.5 million + 20 million international tourists in 2018 = 56.5 million people who could potentially buy marijuana in "Canada". 

Nevada = 3 million people + 46 million tourists = 49 million people who could potentially buy marijuana in "Nevada".  I'm sure someone will point out I'm not taking into account the number of American tourists that go to Nevada, but the reason I'm not is more US states don't allow marijuana sales.  Therefore I'm just looking at total potential sales per geographical area, ie Canada vs Nevada.  

Nevada did 1/2 a billion in sales which is great, but Canada needs around 6 billion to meet expectations.  I think we'll do better than Nevada, and I hope we hit 9 billion, but I'm not sure comparing these things is that simple, especially since people go to Nevada to party lol. 

Anyhow, good luck to all.  Not trying to bring a cloud to these sunny days



Blackbear wrote: Good point buying4me......Quebec had 31 million visitors last year....so still quite a tidy sum ....even with the tourism factor numbers look very very nice....



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