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.

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BLACKROCK Municipal Income TRUST

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Comment by pocketchuckon Jan 06, 2019 11:23am

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Post# 29191965

RE:RE:RE:Pot prices post legalization 50% higher

It's called comparative and natural advantages.

I would be VERY surprised if hexo doesn't have the lowest cost per gram.

sotypical wrote: also to note you have no idea nor do I that HEXO will be the lowest cost producer that is impossible to claim at this point in time ;;;;;;;

pocketchuck wrote: profit margins are good right now.

Prices are going to go down, and it will reduce the % of profit.

Canopy CEO compares cannabis flower to sugar, where it is more of an ingrediant
to a more profitable product, like soda's.

I don't agree 100% with that, but he isnt 100% wrong either.

I think the dried flower market is a multi billion dollar market and that cost per gram is the way to win this battle.

Hexo will have the lowest cost per gram which will attract investors even more.

sotypical wrote: A leagl pot store opened in Vancouver yearday and the owner says prices are 50% higher now and the profit margins much smaller ;;
To me not good news for the elimination of the HA black markets

started at $10.49 per gram for Kiwi’s “Mango Haze” and CannTrust’s Forest Rain, about 50 per cent higher than the anticipated lowest price.