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 11:29am

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Post# 29191981

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

The owner is talking about HIS profit margin (distributors)

has nothing to do with the producers.

you aren't the sharpest pencil of the box are you.

sotypical wrote: well according to the actual owner of the pot shop whom also had the shop before legalizations says prices are way up and profit margins are way down mostly because he cant buy grower drect so the distribution warehouse marks it up,federal tax is no added etc and its packaging is pretty fancy so I beleive the stor owner about much lower margins>>>>>>>>>

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.