Blum Holdings Inc (BLMH)

[Dickybad]

2015 conservative Nevada revenues are $100 million to 115 million annual recurring revenues.
10 mil Reno Dispensary
15 mil Las Vegas Dispensary (more like blum 25 million annual)
30 mil Clark County Dispensaries (two)
30 mil Clark Cultivation/Production
30 mil Washoe Cultivation/Production

To compete successfully in the state it was important for us to align ourselves with locals who have some ownership of the MediFarm LLC's. We did not, however, want to give up the revenue and profit potential over the long run, so we swapped an initial equity distribution for Terra Tech to have the right to the majority of the revenue and net profits of the operations. This was a strategic move as we see significant growth in the state over the next several years,"
http://finance.yahoo.com/news/terra-tech-releases-financials-quarter-032124531.html

We formed MediFarm, LLC, a Nevada limited liability company (“MediFarm”) on March 19, 2014. We own 60% of the membership interests in MediFarm. The remaining membership interests are owned by Camden Goorjian (20%) and by Richard Vonfeldt (20%), two otherwise unaffiliated individuals. Upon receipt of the necessary governmental approvals and permitting, we expect MediFarm to operate medical marijuana cultivation, production and dispensary facilities in Clark County, Nevada and a medical marijuana dispensary facility in the City of Las Vegas.

We formed MediFarm I, LLC, a Nevada limited liability company (“MediFarm I”) on July 18, 2014. We own 50% of the membership interests in MediFarm I. The remaining membership interests are owned by Forever Green NV, LLC (50%), an otherwise unaffiliated entity. Upon receipt of the necessary governmental approvals and permitting, we expect MediFarm I to operate a medical marijuana dispensary in Reno, Nevada.

We formed MediFarm II, LLC, a Nevada limited liability company (“MediFarm II”) on July 30, 2014. We own 55% of the membership interests in MediFarm II. The remaining membership interests are owned by Nevada MF, LLC (30%) and by Forever Green NV, LLC (15%), two otherwise unaffiliated parties. Upon receipt of the necessary governmental approval and permitting, we expect MediFarm II to operate a medical marijuana cultivation and production facility in Spanish Springs, Nevada