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 > Ontario Market $3 billion/year?

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Comment by CougerMilkon Oct 01, 2020 12:03pm

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Post# 31649066

RE:RE:Ontario Market $3 billion/year?

Here's a link to a chart showing the recent correlation between Ontario's opening of new retail outlets and sales growth. https://twitter.com/weedstreet420/status/1307415592597688322/photo/1

There's an existing $2.2 billion blackmart in Ontario to be tapped and drained. Add to that growth new customers in a legalized market. And, Ontario's officially on pace to double its retail outlets by January 2021 and a similar increase every 4 months thereafter. I would expect Ontario to other moves to liberalize (e.g., availability of beverages) in its economic recovery measures.

Both new customers and the blackmarket users of 1.0 products appear highly price-sensitive. So, Hexo's strategy of low cost production and sales could lead the highly predictable growth coming in Ontario.

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