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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 locust1on Jan 10, 2018 9:26am
151 Views
Post# 27321617

RE:Organigram Announces $100 Million Bought Deal Financing

RE:Organigram Announces $100 Million Bought Deal FinancingNo, I’m not. I suspect money raised will be primarily used for growth expansion but that does not necessarily mean Canadian base marijuana market (expected to be legalized this summer). Most likely the next focus of Canadian market will be the edibles market which is expected to be legalized next summer. The edibles market will be much larger than the base marijuana market of around $8 billion in Canada.

Although the market of focus now is in Canada for North Americans but the “true” money is actually outside of Canada. Europe, Australia, and other countries in South America will also be legalizing medicinal marijuana, and the marijuana market is expected to be in the tens of billions.
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