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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 alter000on Nov 29, 2017 11:43am
81 Views
Post# 27054960

RE:Ensure supply?

RE:Ensure supply?I disagree with the first point you made. Ensured supply is definitely needed. Can you imagine a province without cannabis supply because they didn't sign the MOU? That will cause the black marekt in that province to continue operating, and the people within the province is going to buy from federal online store via mail order, which its tax revenue is going to the federal government instead of the province.  That province will be a mess.

Stocktree wrote:
1 - No supply will need to be ensured. It's not like there is not currently marijuana being selled all over the place. Parallel market will not disappear like magic.

2 - No one really knows what the legal market will look like. New consumers? Don't think that many will flood government stores except for a "legalization celebration party".

3 - Many current consumers will continue buying elsewhere or growing if they think government pot is too expensive.

4 - Marijuana is not like electricity of phone. Governement doesn't "need" to fill the demand. And surely not in an urgent manner.


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