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 > Aphria 10% down this morning, that’s not good for the sector

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Comment by Rothchildishon Oct 15, 2020 9:25am

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RE:RE:RE:RE:RE:Aphria 10% down this morning, that’s not good for the sector

Theres now over 500 approved LPs, and itll keep rising. The market will be diluted to nothingness

LTStrategy wrote: Nice try ...... for the quarter stats Can reported increase of 23% in cannabis sales compared to previous quarter. 631m vs 513m

The increase of revenue that you see from Aphria 62.5m vs 53m demonstrates a deduction (17.9%) against industry average. Their wallet share is shrinking. So if the top 3 LPs wallet share is shrinking, facts are facts, then where is it going?

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