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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 Jefe127on Oct 15, 2020 12:55pm
147 Views
Post# 31721779

"I'm still at the table with major world-class companies"

"I'm still at the table with major world-class companies"

John Chu -- Desjardins Capital Markets -- Analyst

Oh. Yeah, I'm just curious about how discussions are with new CPG partners out at the Belleville facility that's up and ready and licensed.

Sebastien St-Louis -- Co-founder and Chief Executive Officer

Yeah. Well, we haven't toured it yet, but they're all asking, which is super exciting. So we're still -- our conversation is ongoing. Again those are long haul conversations, that's very complex deals. I'm still at the table with major world-class companies and we're still very excited about the potential. We've got now about 400,000 feet of manufacturing space that's in a licensed facility, world-class cannabis Center of Excellence right next to another Fortune 500, right next to Truss, all in the same building, next to HEXO operations that's available to those Fortune 500 partners. So we'll be beginning tours probably sometime in the next couple of months for not only those potential Fortune 500 partners, but also other partners, investors, etc. So looking forward to showcase that facility and, yeah, for sure, I think that's going to have a positive impact in lendings and partners.

read the last report (June 2020) transcript here: https://www.fool.com/earnings/call-transcripts/2020/06/11/hexo-corp-hexo-q3-2020-earnings-call-transcript.aspx

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