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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 quinlashon Dec 12, 2022 9:25pm
92 Views
Post# 35167527

RE:RE:RE:RE:More Beverages

RE:RE:RE:RE:More BeveragesTruss is currently producing and selling it's drinks across Canada, they will continue to be a source of revenue  (albeit not huge) to HEXO Corp due to royalities etc.  Regardless of Truss USA either being placed on hold or cancelled altogether the two new deals announced by HEXO Corp will more than make up for Truss USA business no longer contributing.  

IMHO both the Tyson 2.0 deal where HEXO is the sole producer and distributor of the Tyson products in Canada as well as the 3-year supply agreement now in place with Entourage (HEXO to produce the Entourage products) will more than make up for Truss USA.  Both deals likely provided some amount of cash upfront for HEXO Corp in order for them to start production

As I noted earlier on the Forum....    2 Positives > 1 Negative. 
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