Blum Holdings Inc (BLMH)

[DrewStegman]

$100 million market cap is waaayy to much for a company that is losing money and has negative cash flow.

Even with the sudden increase in cash the company is very overvalued and should be trading much lower.

Don't buy at these levels, you're wasting your money and will likely lose your entire investment.

I see > 10 cents coming in the near future unless this company can deliver on the financials, but at this point there is too much risk and the stock is extremely overvalued.