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 > 200 cans/bottles a minute!

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Comment by quinlashon Jun 16, 2020 8:43am

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Post# 31154782

RE:RE:200 cans/bottles a minute!

In April HEXO announced their 2nd JV with Molson-Coors to expand sales into the U.S. for infused drinks. It was also expected that infused drinks would launch in Dec of last year. We know from Canopy that issues were found with the packaging of drinks that affected taste and quality. If HEXO encountered any of the same issues then they would have had to redesign packaging as well. This MAY account for delays in the launch.

Now that their monster manufacturing site is fully licensed, and the deal with Molson is in place to sell drinks into the US, it is reasonable to believe that drinks are in production. I have yet to see any other LP announce the "start of production" for their drinks so I am not expecting to see HEXO make any such announcement themselves.

The last NR from Canopy regarding drinks indicated that the product had shippedd out 2 to 3 month preceding the NR. We may see something similar from HEXO, hopefully sooner than later.

JMHO

Q