Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Oct 03, 2022 2:13pm
78 Views
Post# 35002103

RE:RE:HEXO Quarter Report Dates

RE:RE:HEXO Quarter Report DatesOut of pocket cash paid for the 2021 acquistions was less than 500k. We already seen our HEXO Long Touran provide the supporting research for this however everyone invested in the stock should already have those numbers confirmed for themselves.

Redecan is reported as one of the most profitable companies in Canada for Cannabis products (pre-rolls being the claim to fame).  Those sales are now rolling up under HEXO Corp with the company noting in early fiscal 2022 that the production line for the pre-rolls would be increased in the range of 2 to 300%

In addition to focusing on the higher-margin / better selling products the company has also reported a number of cost-savings initiatives.  These cost-saving moves were further complimented to in 2022 when HEXO Corp and Tilray Partnered.  This partnership is reported as having a forecasted cost savings of 80 Million within the next 1-2 years. 

Tilray did not partner with HEXO out of the goodness of their hearts with it being reasonable to expect that Tilray sees the investment in HEXO Corp as being favorable going forward.  This investment by Tilray came in the form of Tilray Brands taking on over 200 million of the existing HEXO debt and providing HEXO Corp a much lower cost to carry.



<< Previous
Bullboard Posts
Next >>