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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

BLACKROCK Municipal Income TRUST > marijuana-banking-vote-

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Comment by Keeleron Nov 29, 2022 8:28pm

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Post# 35138359

RE:RE:marijuana-banking-vote-

queerlash - can you explain how this woudl benefit Hexo?

The banking legislation relates to US cannabis retail stores and LPs - operating in states where cannabis has been legalized.

Other than riding some good sector news resulting in a short term bump in sp for a few days - the legislation simply doesnt relate to Hexo - or other Canadian LPs.

Is it a step forward in US cannabis legalization - yes. It's good for US vertically integrated MSOs, not foreign cannabis companies

quinlash - (11/29/2022 7:48:01 PM)

RE:marijuana-banking-vote-