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 > Article: Hexo's stock soars

<< Previous

Bullboard Posts

Next >>

Comment by quinlashon Jul 09, 2020 9:27am

96 Views

Post# 31244383

RE:Article: Hexo's stock soars

Last QTR report HEXO indicated that they sold 9.5 Tons of product. They announced today that they shipped 498 kg of product to Isreal, that's 1100 lb / apx 1/2 Ton of product to Isreal. That's a BIG chunk of cash.

Link to 2020 Q3 Transcript
https://www.fool.com/earnings/call-transcripts/2020/06/11/hexo-corp-hexo-q3-2020-earnings-call-transcript.aspx

quinlash wrote: the Canada-based cannabis company said it will start selling medical cannabis in Israel, marking the first time its medical cannabis products will be available outside of Canada. The sales in Israel will be through a 24-month agreement with Israeli medical cannabis company Breath of Life International Ltd. The company said it completed the first shipment of 493 kilograms

COMPLETED THE SHIPMENT = UNEXPECTED REV ON NEXT QTR REPORT

Link to Full Article:
https://www.marketwatch.com/story/hexos-stock-soars-after-first-medical-cannabis-sales-outside-of-canada-2020-07-09?mod=mw_quote_news