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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 Golfdingeron Oct 22, 2019 11:13am
99 Views
Post# 30254786

Regarding the black market.

Regarding the black market.Everyone seems to forget that each houshold can have four plants growing. Each plant is capable of producing 1/2 pound to 2 pounds each. All the skill that is required can be gained on the internet. Starting with decent clones or seeds and following the accepted guidlines for growing, harvesting, drying and curing. Canadians can easily grow enough quality canabis for themselves and perhaps sell some to their freinds. Outdoors the plants can be grown with almost no investment. Indoors for the cost of a high pressure sodium light and ballast using organic soil you can get two crops per year. That would average about eight pounds per year. I think even the black market will not be able to compete with this. The future of cannabis appears to be in the products that require skill and investment that is beyond the average consumer and the black market. Selling cannabis at $125/ounce will not cut it in the long run. Only the oils, edibles, vapes, and primo bud will be profitable IMHO.
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