Blum Holdings Inc (BLMH)

[mfdesigner]

Let's come up with a list of what TRTC has accomplished with that $50 Million accumulated deficit.

(1) Not a single functioning dispensary.
(2) One single extraction lab inside another company's dispensary.
(3) IVXX paying 300,000+ to DP's private grow op.
(4) EG is Still leasing land from another company.
(5) All subsidiaries are still losing money quarterly.

Like I said, bad business kernel is the reason I stop being long on TRTC. And I agree with you that every startup has accumulated deficit in the beginning. But TRTC is beyond that argument already.

TRTC's operating history resulted in nearly $50 mil accumulated deficit will hamper its effort to get any angel investor's money and not to mention Maryland's state license.

Business Kernel is a process and the governing principle behind a process that when applied repeatedly to the selling of a commodity can produce value for its investors.

Unfortunately, TRTC demonstrated clearly it has a bad kernel at its core.