Blum Holdings Inc (BLMH)

[chrislal]

Ref: the Haze Post# 47033

You must be joking to mention bankruptcy?

They have 2.9 million cash on hand and

The company recently announced full year 2014 revenue guidance of $7 million and wanted to provide a quarterly breakdown of those projections to give investors some insight into the seasonality of their business. The company expects the following revenue targets for the upcoming quarters:

Q-2 2014: $3,500,000

Q-3 2014: $1,500,000

Q-4 2014: $1,500,000

"We continued to grow the breadth of our retail relationships throughout the quarter and placed our new 5-acre facility into production, which was a key step in expanding our produce business throughout the remainder of the year," explains Derek Peterson, CEO Terra Tech Corp. "Additionally we took some key steps to begin to increase our exposure to the medical cannabis markets. We see significant demand for domestic based CBD extractions and look forward to working throughout California to develop and distribute a safe and reliable product to retailers."