Blum Holdings Inc (BLMH)

[Magnum7419]

"Once we became aware of Mr. Rush's misconduct we consulted with the Department of Justice - See more at: http://globenewswire.com/news-release/2015/08/13/760657/0/en/Terra-Tech-CEO-Comments-on-Recent-Indictment-of-UFCW-Executive.html#sthash.GXKxac9D.dpuf

"It was important for me to make clear to the community our involvement in the recent news reports about Dan Rush. After I met Mr. Rush it was apparent the he was using his position as an executive with the UFCW to personally monetize his activities. As a company we have always stood for transparency, accountability and fair permitting processes. Bad actors exist in all industries and ours is no exception. The federal government has given the cannabis industry latitude to mature and corruption of any kind does not help our progression," stated Derek Peterson, CEO of Terra Tech. "Once we became aware of Mr. Rush's misconduct we consulted with the Department of Justice and under the guidance and direction of the FBI we assisted in their investigation. In partnership with the FBI we were able to use money misappropriated from Mr. Kaufmans trust as the subject in a corruption sting. We have worked hard to bring legitimacy to our often misunderstood sector and we hope that the activities of one individual don't become representative of the industry in whole." - See more at:
"Thanks Derek Peterson for stepping up and doing the right thing-- it's good to see decency still existing in our top entrepreneurial business CEO's and companies."

Here is a short sampling of comments by individuals after reading the article !!!!!

"Smart business etiquette. Keep it clean Trtc, good read!"

"Keep doing the right things"

" Great ethic. You can teach a thing or two to a few CEO's"

"When responsible actions are done, I am encouraged. There is a ray of hope. Keep doing the right thing TRTC"