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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 Jan 17, 2021 2:25pm
109 Views
Post# 32315829

RE:Old news

RE:Old news HEXO was planning on having edibles out by early 2020 (that was in one of the investor videos) however C-19 and the prioritization of their cash likely delayed that while they rode out the downturn in the markets.  I do not recall seeing edibles mentioned in recent company documents but I hope to see something come out in early 2021 on gummies or chocolates or even a M&A deal for a edibles company.

Despite if they move forward on edibles or not their numbers point towards EBITDA positive on the upcoming 2020 Q2 report. 

My plan is to hold tight on to every share I can, for as long as I can and only add as it makes sense against my averages.  Once all of my averages are exceeded by "enough" I will rebalance the investment to reset the total dollars to a number low "enough" to run for my timeframe which is now likely late 2021 or early / mid 2022 (for my own retirement plan, not due to anything with HEXO)

Q

quebec4ever wrote: Now picture gets clearer by the day! https://www.globenewswire.com/news-release/2019/03/12/1751643/0/en/HEXO-becomes-first-cannabis-company-to-join-Food-Consumer-Products-of-Canada.html


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