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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 Sep 12, 2018 6:26pm
199 Views
Post# 28608583

RE:what you think ?

RE:what you think ?I think any company who's selling wholesale to another company for recreational sales won't make a lot of money as margins are small to begin with.  CANOPY is smart.  They've already gone on record saying dry leaf recreational sale margins won't be big enough, so they're trying to move into patents and oils.  HEXO also recognizes this by focusing on their award-winning products for sales outside of Quebec as opposed to dry leaf marijuana.  By signing these agreements with smaller growers, Canopy can make money off their hard work and keep the real profits for their own yields.  
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