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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 Quietinvestoron Jul 27, 2020 12:23pm
81 Views
Post# 31324847

MOVING CANNABIS ACROSS BORDERS

MOVING CANNABIS ACROSS BORDERSTo say that Canadian companies could mail cannabis products directly into the US to customers needs some clarification:

1. The new Canada/US/Mexico deal  does not include cannabis. The agreement would have to be opened and amended - not impossible but would take time - probably years.

2. The view of the experts is that if it was allowed, following changes to the agreement, some sort of tariff would be in place on Canadian and Mexican cannabis products coming into the US  like it is in the tobacco industry. Even though we had a free trade deal with US, they still imposed tariffs on some sectors.

We will see.

Glta
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