Blum Holdings Inc (BLMH)

[MD-420]

Dicky,

Their are a couple questions I still have that the pr didn't answer, unless I missed them.

1. What does majority mean regarding the equity swap. How many shares were swapped and what percentage of profits and revenues will now be realized by TRTC. I thought this was vague and written in a way to possibly mislead investors into thinking almost all of the revenue and profits would be realized by TRTC, but couldn't 'majority' just mean 67%?

2. They did not spell out how the revenues from the lab would work. Will it come from leasing equipment, or from wholesaling the product?

Did I miss this info? On the surface, the equity swap and lab going live are positive, but I'm correct, we have no idea how positive and need to keep expectations in check.