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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 VeritasVernon Nov 26, 2022 3:47pm
71 Views
Post# 35130970

RE:HEXO 2022 Year End Sales = $265,418,000

RE:HEXO 2022 Year End Sales = $265,418,000If the financials are not good, as usual, expected, then that combined with tax loss pressure this stock could drop into the mid-teens. The sales of Hexo combined (Rede, 48N, etc) keep declining. Craft growers plus black/grey market is kicking the shlt out of legalized pot and looks like it will continue. 

quinlash wrote: HEXO Reported in excess of $265 Million in sales for Fiscal Year end 2022. This marked a 55% increase in sales over pervious year.

Their next report is due by Dec 15th which will be Fiscal 2023 Q1

Here is a link to where the reports can be found

https://www.hexocorp.com/investors/#financial


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