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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 Keeleron Jun 17, 2021 11:32pm
101 Views
Post# 33409612

RE:RE:RE:RE:Straight-roll joint pioneers ....Redecan

RE:RE:RE:RE:Straight-roll joint pioneers ....Redecanquinlash - (6/17/2021 3:57:25 PM)
RE:RE:RE:Straight-roll joint pioneers ....Redecan
HEXO has said squat about growing pot in the US and lots about producing 2.0 products in the US.  They referenced sourcing the cannabis from local producers a number of times.  The deal with Molson for drinks down there is using locally grown Hemp... keep up on your research and you would know that

Companies growing hemp in Colorado include Columbia Care and Village Farms.
Obviously, those companies sell at a market up/profit based on their production costs.
So rather than grow their own - and skip the middle man - you're saying Hexo is better off to buy it from companies like Columbia Care - and pay the mark up?

Meanwhile, in addition to selling hemp to Hexo - Columbia Care is also producing it's own 2.0 products and competing with Hexo for market share - but they can offer their products at a lower mark up. Plus of course, they're a US MSO and have been gorwing, producing and selling prodcut for years and already established - while Hexo renovates it's 45,000 sq ft quonset.   
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