Blum Holdings Inc (BLMH)

[mfdesigner]

This is not about how many dispensaries IVXX is in. This is about how many products can a lab produce to keep supply higher than demand and profit coming in uninterrupted.

Let's say a lab supplies at most 125 dispensaries while satisfying the above criteria. 3000+ dispensaries in CA translates to 24+ labs.

If TRTC relies entirely on selling shares for the build out, we can expect further declining PPS.