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

BLACKROCK Municipal Income TRUST > Aurora Cannabis Runs Mexico’s Cannabis Market

<< Previous

Bullboard Posts

Next >>

Post by Quietinvestoron Nov 25, 2020 1:46pm

725 Views

Post# 31971033

Aurora Cannabis Runs Mexico’s Cannabis Market

How ACB is targeting the Mexican cannabis market?

Aurora Cannabis (ACB) is the only prominent Canadian cannabis player with a real stake in the Mexican market. On December 7 2019, the company announced a supply partnership with Farmacias Magistrales S.A. The latter is a major pharmaceutical manufacturer and distributor in Mexico. Then, the legal medical marijuana market in Mexico was targeting 130 million people.

On December 10 2019, Aurora Cannabis announced that it planned to buy Farmacias Magistrales SA. Farmacias was the first company to secure import licenses for raw materials containing more than 1% THC (Tetrahydrocannabinol) in Mexico. According to Aurora Cannabis’ press release, Farmacias will use the imported raw materials to make medical cannabis oil products.

GLTA