Blum Holdings Inc (BLMH)

[Magnum7419]

-DP made a point to say that they have a "firm eye on acquisitions." Get ready, folks!!!





A Few Interview Highlights from :

http://potstockradio.com/

Solid interview from DP. He touched on a lot of topics, reiterating to the short-sighted investor that building this successful company, decreasing risk, and improving financing deals in this sector will take time, but we are definitely on the right track. If you're looking for get rich quick, this is not the pick. That said - very solid updates.

-“As we sit now, I feel pretty comfortable that we walk out of this with at least another location…”
(DP referencing the CC situation and chances for another dispensary location in CC!!)

-Working with a construction company that has a lot of experience building for casinos, so they have the connections and know the permitting process, which will make things go smoother for TRTC. No worries on getting all those permits and final approvals that so many talk about!!!!

-Looking at opportunities/relationships to use portions of existing grow facilities to start growing/producing in NV before they have their own facilities completed.

-Purposefully taking time to build grow/production facilities to make sure TRTC has the most efficient facility that will outlast the others, especially when prices drop and costs become a major issue for those jumping right in without planning.

-Hoping to start building cultivation facility by end of year.

-Reno dispensary should be finished no later than Jan 2016, hoping for December 2015.

-DP made a point to say that they have a "firm eye on acquisitions." Get ready, folks!!!

-Excited about PP and finishing up S1, which puts TRTC in a comfortable place in terms of financing. Transparent about dilution - not afraid to say it's part of the deal to build the company. That said, they are moving away from the convertible debt financing and continuing to improve financing terms. The build out of TRTC's 6-8 MME's will eventually let them dictate financing terms.

-S1 5% discount – debt holder does not decide when to sell stock –company decides when to sell stock. Trtc has ability to set floor price associated with that financing. Allows for a lot of flexibility.

-CA for profit in 2016 - chances are very good for this to happen. Even more reason to continue with IVXX brand throughout the state.

-EG continues to grow - looking to expand to west - CA, etc. EG NJ facility will allow for immediate switch to mj grow facility - it's just a matter of time before it happens.


http://www.sec.gov/Archives/edgar/data/1451512/000147793215004058/trtc_s1a.htm

An asset of 794,000 in cannabis(IVXX) as of March 31th 2015

That's with only 90 days of operation and a distribution of only 5 dispensaries.

To date we now have 16 dispensaries .


Please make this a sticky !!!!!!!