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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 Keeleron Mar 29, 2023 1:10pm
77 Views
Post# 35367274

Who DIDN'T know the whole cannabis sector is down?

Who DIDN'T know the whole cannabis sector is down?
Yes, the cannabis sector is down. all companies are down.

THIS is Hexo board - investors in Hexo should eb concerned witht he fact that Hexo is out of cash, experienced a declining rvenue and market share and their audtiors are suggesting that if they dont get a financing, they will declare protection - just like Zenabis did.

It's clearly stated - BY HEXO - that they havent even field the paperwork to access the KAOS backstop fianncing - and most likely won't quailyt for it anyway, that it's questionable that they can access the $40 million ATM, there's no way anyone is going to risk a brokered deal - Tilray is NOT going to fund them, Tilray has it's own problems.

Your list only shows ONE U.S. based company - Curaleaf, which is one of the better and larger US MSOs. The U.S. MSOs will skyrocket the day of elgalziation - Canadian LPs access to a foreign country's markets is questionable.

The current share prices make for an attractvie investment opportunity in the cannabis sector.

My point again - is that if you want to be in invest in a Canadian company who's share price is currently $2.00 or a larger US MSO company witha  share price of $2.00 - it's a no brainer that you would choose a US comapy.

Cura, TRU, Cresco, Terrascend, Ayr Wellness are bigger MSOs with low share prcies - but there are dozens of smaller quality companies - like a Jushi. 
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