Blum Holdings Inc (BLMH)

[Remember Tomorrow]

If my memory serves me correctly, sharing 50% of the profits in Nevada is only temporary. Part of the requirement to be granted licenses in Nevada was that you have local ties which TRTC did not have. To qualify, TRTC had to partner with locals. They structured a deal which gave away a lot in the early years, but I believe the deal changes over time and TRTC gives less profit away down the road. I remember DP saying they intentionally structured the deal that way so that they could maximize future profits. It seems smart to me since Nevada's mmj industry isn't really booming yet and it's pre-recreational. Give it time, and it will all be good. JMHO.

Remember Tomorrow