Blum Holdings Inc (BLMH)

[maxxm]

The cost to build NV facility is going to be around 3 to 4 million dollars and they have that money and after that TRTC will generate between 30 to 40 million in revenue from NV facility alone
http://www.reviewjournal.com/business/publicly-traded-terra-tech-looks-snag-medical-marijuana-license ;

Based on 35000sqft of MJ cultivation facility and production
The proposed facility is approximately 35,000 Sq ft and will contain both cultivation and production at the same location. The team is working towards completing their state application while at the same time working aggressively towards submitting an application to the City of Las Vegas to operate a medical Cannabis dispensary. The company intends to give further updates about their efforts throughout Nevada as they progress through the process, reach certain milestones and enter new applications.
http://finance.yahoo.com/news/terra-tech-subsidiary-medifarm-llc-200100592.html ;
http://www.reviewjournal.com/business/publicly-traded-terra-tech-looks-snag-medical-marijuana-license ;

MJ plants sells wholesale for $2,500 to $3,500 per LB . A 35000 sqft cultivation & production facility will generate over $325,000 per week for edibles and MJ wholesale.

Peterson envisions a 30,000 square-feet to 50,000 square-feet cultivation plant, for which the company budgeted $3 million. A production facility could cost about $1 million, he said, while a retail store could cost between $500,000 and $700,0000, plus another $100,000 for security.
Here’s how Peterson breaks down the figures: a 50,000 square foot cultivation facility, with a staggered growth schedule, could produce 50 to 75 pounds of marijuana a week.

In other markets where marijuana is legal, the plant sells for $2,500 to $3,000 per pound at wholesale. That’s upward of $225,000 per week for a cultivation facility.
http://www.reviewjournal.com/business/publicly-traded-terra-tech-looks-snag-medical-marijuana-license ;

TRTC secures Permit for a Medical Cannabis Cultivation and Production Facility in Clark County NV
http://finance.yahoo.com/news/terra-tech-subsidiary-medifarm-llc-200100592.html ;

TRTC secured two MJ permits out of Nevada the commissioners decided to give TRTC a cultivation and a production permit. The whole community was in support of TRTC.
Here is the actual video of commissioners

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MediFarm LLC20140422P1075UC-0336-146585 W. Gary Ave176-23-410-007 Production
MediFarm LLC20140422C1076UC-0337-146585 W. Gary Ave176-23-410-007 Cultivation


TRTC buys CBD Hi-flo System 20L 5000 PSI extraction machine from this co.
http://edenlabs.com/equipment/co2-units/hi-flo-system-20l-5000-psi ;
TRTC news reg CBD extraction
http://finance.yahoo.com/news/terra-tech-corp-expands-cbd-110000253.html ;