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 > Nice ! New Article

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Comment by quinlashon Jun 30, 2020 9:39am

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Post# 31206979

RE:Nice ! New Article

Good Article, thanks for posting Stego67.

IMHO these companies never did start up with the plan to compete with Black Markets products and pricing. The whole goal was to get to the point where they could offer products that the black market could not easily compete with (infused drinks etc) and to make their money there.

HEXO is showing strong QTR over QTR growth (30% in last report) and are positioned well with Molson-Coors (2nd largest brewer in North America) to distribute their products through out Canada and the United States

JMHO

Q

Stego67 wrote:
U.S. Consumers Project to Spend Nearly $3 Billion on Cannabis-infused Products in 2020

COMTEX - Updated 3 minutes ago

PR Newswire
The global health crisis has actually increased the sales of cannabis-infused products. New reports reveal cannabis consumers in the United States are becoming more interested in cannabis-infused products. The latest report from New Frontier Data projects that 17 percent of U.S. spending on legal cannabis in 2020 will be on cannabis-infused products like edibles, sodas, and topicals. The report said that in total, U.S. consumer spending on legal cannabis will grow by 25 percent in 2020 to exceed $18 billion. While cannabis flower remains the favored cannabis product over cannabis-infused products, researchers expect the demand for non-combustible products, including lotions and beverages, to increase over the next year. The research firm believes sales of cannabis-infused products will grow to $3 billion this year. The report said: ""As alternative ways to consume cannabis beyond combustibles gain popularity during the current coronavirus (COVID-19) crisis, not surprisingly we are seeing a spike in consumption of edibles and other infused products," said New Frontier Data Founder & CEO Giadha Aguirre de Carcer in a press release. "We anticipate demand for innovative non-combustible ways to consume cannabis to continue to grow." Active cannabis companies in the industry making moves include: HEXO Corp. (NYSE: HEXO) (TSX: HEXO),