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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 GreatGabboon Nov 05, 2021 7:49am
100 Views
Post# 34090766

The entire weed sector is a bust. 📉🐻

The entire weed sector is a bust. 📉🐻

More than 3 years after legalization and every major Canadian player continues to see bigger losses and declining revenues. The assumption that US legalization is the ticket out of this glut assumes that Canadian companies will dominate the American market which simply will NOT be the case. Major American MSOs already exist, will continue to emerge, and export dreams will quickly dissipate.

Sorry to say but if you think consolidation is finished, you couldn't be more wrong. Not many of today's players will survive the weather, and HEXO is without a doubt one of those CannTrust-style "could have been better" stocks. 


GLTA — you'll need it. 

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