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 > HEXO NEWS RELEASE - VAPE PENS OUT

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Comment by quinlashon Jul 23, 2020 6:46pm

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Post# 31311113

RE:RE:HEXO NEWS RELEASE - VAPE PENS OUT

News moves the markets and this news is a bit of a double-tap of positive IMHO.

It was a year or more ago that bad news came out of vapes from Health Canada regarding potential health issues etc and their sale was halted. HEXO took steps to withdraw their products from the market and wait until the concerns of HC were investigated etc.

We are now seeing the vapes not only being cleared by HC for sale but HEXO launching these across Canada. This bit of the news is likely getting missed by many.

The more obvious part of the NR is that HEXO has yet another Cannabis 2.0 product out and ready for purchase. Those familiar with vapes know how little oil they actually need per unit. The oils / extracts are very high margin products which the black market has great difficulity competing with.

Incremental sales from the Vapes can now be expected to appear on the next QTR results along with the estimated $640,000 in sales to Isreal we seen in the last bit of News from HEXO.

Investors may be starting to realize the longer term viability and potential of the company and may start coming in on the stock while existing investors opt to hold longer or set any potential sale of shares out to a higher price.

As far as actual dollar impact to the price tomorrow it is impossible to say. We should see above average volume however the shareprice will be the shareprice, the market will set that for us.

Invest with patience and a strategy.. if you can't pull off a razor sharp strategy at least hone your patience and wait, it should pay off well IMHO.

GLTA

Q