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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 Keeleron Nov 24, 2021 6:27pm
164 Views
Post# 34163520

Research not shown in queentard's scrapbook

Research not shown in queentard's scrapbookThis is the kind of info you can find if you do basic research - not cut and paste biased news releases from Hexo's web site.

The information by the way, is from a Hexo year end document - I'm not surprised that with all his research, Queentard has to ask the Hexo bullboard for help with info on sales in Germany.
Shows the quality of his scrapbook research (which has a photo of SSL on the cover).


International

On July 9, 2020, HEXO announced it had launched medical cannabis products in Israel through a 24-month agreement with leading Israeli medical cannabis company, Breath of Life International Ltd. A first shipment for 493.92 kg of cannabis sativa dehydrated flowers, contributing sales of $1.291 million, was completed on March 24, 2020. During the fiscal year 2021, the Company shipped 3,600 kg of cannabis sativa dehydrated flowers, contributing sales of $9.0 million.

Through Zenabis, the Company has a joint venture (ZenPharm Limited) in Birebbua, Malta, with a local pharmaceutical processing and distribution company for the purpose of providing refined cannabis products to the EU pharmaceutical market. On May 20, 2020, Zenabis successfully received EU GMP approval for the Atholville Facility. On February 1, 2021, ZenPharm Limited received EU GMP certification issued by the Malta Medicines Authority. EU GMP certification is a requirement for export of medicinal cannabis products into most European markets and ensures that patients seeking medicinal cannabis treatments benefit from the highest quality and safety standards in manufacturing processes. Regular recurring commercial shipments to ZenPharm Limited are expected to begin in 2022 after receipt of all licensing and regulatory approvals of ZenPharm Limited by the Malta Medicines Authority.

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