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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

Post by ridingrocketson Sep 10, 2021 4:15pm
128 Views
Post# 33841261

Someone mentioned how many redees can be

Someone mentioned how many redees can be

produced in an hour or something to that effect. I beleive it was Touran if I recall correctly. I can not remember the figure for certain but feel it was around 200k an hour. Maybe who it was will repost it. I am not digging for it as I do not care too much. What I heard from the cannacord PR was SSL saying something on the lines that Redecan was the owner of the rights to the licensing and it came with the acquisition. This could be a nice ongoing cash source for these guys. Even at 100k an hour that would be 10k packages an hour. At cost plus 1 cent per pre roll joint or something to that effect you will be looking at 1k profit an hour. I doubt they go that low with what they charge however I used that figure for a simple take on what can be achieved by being a packager/producer of a finished product. It would be a consistent revenue stream..... So much is being overlooked on HEXO it is just sad. Oh well I am in no rush to sell.

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