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 > Cresco - 2,700 Truck Loads of Pot in 7 Weeks?

<< Previous

Bullboard Posts

Next >>

Post by Keeleron Mar 23, 2023 10:34pm

155 Views

Post# 35357848

Cresco - 2,700 Truck Loads of Pot in 7 Weeks?

For some perspective,
given that U.S. MSO Cresco's quarterly sales are $200 million USD or approx. - or $270 million CDN - Cresco's convoy would translate into approx. 2,700 'pick up trucks' as compared to Hexo's little fleet of 200 F150's.
As well, Cresco won't use Mom's Ford F150, preferring a more manly GMC Sierra 2500HD.

Regardless, quinlash once again posts misleading and inaccurate information.

A 2023 Ford F150 can carry a paylod of approx 3,300 lbs.
50 tons of product is the equivalent of 100,000lbs - therefore it would require 31 F150's, not quilalshes exaggerated number of 50.

SO - if the United States legalizes, would U.S. MSO Cresco benefit the most or would near bankrupt, declining sales/market share Hexo?

I ask again - if you believe the US will legalize, what benefit is there to invest in a Canadian cannabis LP as oppsoed to a US vertically integrated MSO?

<< Previous

Bullboard Posts

Next >>

Calibre discovers significant gold in Newfoundland