Blum Holdings Inc (BLMH)

[NizamKram]

Colorado will take in 80-100 mil dollars in taxes/fees/licenses by the end of the year, that means CO's mmj and rec business is worth approx. $550-675 mil in annual revenues. CO has been a great test case for the past year, a decrease in the crime rate and an increase in revenues - cannot get better than this - soon a study will show that CO is one of the happier places to live, like Sweden, Norway, etc.

The Fed sees these figures (crime and revenue) and shaking its head, hmmm, maybe I (the Fed) want some of that. But the Fed lacks the "balls" to act in the manner that CO, WA, etc., legislatures have, so they will do it stealthily. Wait and see.


Moreover, the revenues generated (by an average size state) validate the industry value of $25-35 billion, and that is only in sales of the stuff and does take into consideration all other aspects of the industry and associated industries, putting it at nearly $50 billion - tooooooo much for the Fed to resist.

Hold those TRTC stocks!