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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 NorthBuddyon Feb 23, 2019 8:32am
125 Views
Post# 29403490

weed shortage

weed shortage
Comments from peeps close to the industry regarding supply shortage time lines ie:  that don't solely rely on what gets pulled out of their azz, ;) ..
 
Some insiders believe that cannabis production estimates are too optimistic, according to a report from Bloomberg

Canadian cannabis industry execs warn weed shortage could last three years

Will Canada see a way out of their cannabis shortage?

Aurora Cannabis CEO: 'I lose sleep over our ability to supply this global cannabis market'

Terry Booth says it will be at least five years until marijuana supply overtakes demand

CEO of Organigram Holdings believes that it will take “a couple years” for supply to catch up with demand. And Everett Knight, the executive vice president for strategy and investments at Valens Groworks, said it could be two to three years.

“It’s harder to grow cannabis than most people think,” Knight said.
 
 I think are just going to be ready to take hold in the next three to seven quarters,” Linton said. 
Government predicts ‘sufficient supply’

Tammy Jarbeau, a spokeswoman for Health Canada said in a statement in November that some product shortages could be expected.

“As with any new industry where there is considerable consumer demand, we expect there may be periods where inventories of some products run low or, in some cases, run out,” said Jarbeau. “Health Canada remains confident that there is sufficient supply of cannabis overall to meet market demand now and into the future.”

But she added that shortages were not expected to be prolonged or widespread.

“As the overall supply chain gains experience in the Canadian marketplace, it is expected that such localized and product-specific shortages will become far fewer in number,” Jarbeau said.

https://www.straight.com/cannabis/1188366/canadian-cannabis-industry-execs-warn-weed-shortage-could-last-three-years#

https://business.financialpost.com/cannabis/cannabis-business/aurora-cannabis-ceo-i-lose-sleep-over-our-ability-to-supply-this-global-cannabis-market

https://business.financialpost.com/cannabis/canopy-growth-results


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