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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

Comment by quinlashon Aug 11, 2020 10:50am
108 Views
Post# 31392544

RE:RE:Recent News - July 2020

RE:RE:Recent News - July 2020

In the Molson Coors earnings call they referenced shipping out "product" to Colorado so one would have to think that means TRUSS products crossed the border into the US.  To the point brought up by one of our short-sellers (can't recall which one) that does not necessarily mean drinks shipped.  My guess on the cost to produce drinks and ship them to the U.S. would be no better than anyone else's so we are left to speculate if that is even viable for the company to do. 

If you google the location of the JV in Colorado and drink bottling facility you will find that there are a few big bottling facilities in that immediate area.  The JV in the US may be more profitable if they were to work with a local bottling company to produce and sell the drinks out of Colorado itself.


Q


Greenshooes wrote: Canopy has there beverages on the market and are doing well. Leading the market in beverages right now is Canopy. In current times, I’m unsure if shipments of Truss are crossing the boarder...either way, Truss should soon before or shortly after the economy opens release the truss beverages. I notice a lot more Cannabis  stores getting ready for there opening day. Will be interesting once we get a proper store count here in Ontario. 

 

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