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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 CorporateRebelon Jan 05, 2018 4:19pm
383 Views
Post# 27293573

I love thcx but heres another stock

I love thcx but heres another stockI am holding about 24k shares of THCX atm, in since 2.6 -2.7 and averaged in a bit more around 3ish. I love this stock and you can see that I am a large proponent of it. 

I rarely do this, but another stock worth taking a look at is Delta 9 Cannabis. Ticker NINE:CA 

They're based out of manitoba and produce very high quality bud at the same setup cost per sq ft (120 dollars per sq ft). Gram for gram cost is not as low when you factor in everything, but the distribution costs from somewhere like quebec to manitoba would probably make it unlikely. Plus, manitoba also, similar to THCX in quebec, prefers job creation within its own province. 

WHile the population is not very impressive in manitoba, heres the interesting part. Manitoba is going to have fully private MJ distribution. Delta 9 has "thcx" level reputation within the manitoba community creating hundreds of jobs, and they have applied to be a retailer under this program. 

Best part? 200 M market cap, 80,000 sq ft facility, PP this month done at 2.7. Stock is trading slightly under this. Take a look for yourself, just a recommendation, not a pump. 

I'd like to get some exposure on all of my holdings out there to be honest, so just helping fellow THCXers find some other value. I also hold ABCN, EMC, FIRE, ACB ... but Delta 9 I think will make some good progress to at least the warrant price of 3.25 . 
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