Blum Holdings Inc (BLMH)

[Blakedog]

Nice article in Cheat Sheet, Is 2016 the Year of Marijuana Investments?

"Terra Tech is also likely to be one of the few companies that will ever be allowed to call themselves a true “seed to sale” operation, since a California law passed in October 2015 bans a single company from participating in all aspects of cannabis production and sales, unless they began operations before July 1, 2015. (Blum began in 2012.)

By combining the agriculture side with the dispensary, Terra Tech expects to cut its costs significantly. Retail outlets like Blum can pay $2,500 per pound for cannabis from cultivators and sell it for somewhere around $5,000 per pound. Terra Tech chief executive Derek Peterson told MarketWatch that streamlining the entire process under one company roof will drop those costs to $600 to $800 per pound, before selling it at continuing market prices. The company is effectively cutting costs while keeping revenues the same (and hopefully growing), meaning profit margins should continue to grow if all goes well."

I think so!!!!
Long and Strong