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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 MisterMontrealon Mar 15, 2019 3:44pm
92 Views
Post# 29493245

RE:RE:RE:$400mil revenue potential but who’s gonna buy it all

RE:RE:RE:$400mil revenue potential but who’s gonna buy it allSo, ya... it's normal that sales are down in January and February, as has been seen in Colorado. Also, legal sales in Colorado $124.9 million USD for a population of just over 5 miliion people.

Not necessarily the best indicator of future performance, but something to think about. 


MisterMontreal wrote:

Marijuana Sales on Pace for New Heights in 2019

Colorado's marijuana sales are off to a slightly faster start in 2019 than they were at this time last year, according to data from the state Department of Revenue. If sales keep up the pace through December, this will be the highest-revenue year ever for the state's pot industry.

Medical and recreational pot sales combined for around $124.9 million in sales in January — nearly 6 percent higher than the same month in 2018. And this January's sales even saw a dip from the previous month, with dispensaries bringing in 7.3 percent less than in December.

Sales decreases in winter months have become common in Colorado's legal pot market; sales have dropped between December and January every year since 2014, the first year of recreational sales in Colorado. Further declines may continue until March, according to sales trends of years past.




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