Blum Holdings Inc (BLMH)

[BidnessMan]

Hello All, Just some thoughts from a business perspective IMHO.

Seems like TRTC is using the existing management structure in place at Blum to run the business for 3 years rather than jumping in with both feet and fire and hire a new staff which would be a very bad decision if the partner is doing well.

Labor costs average 50% of the costs of running a business. You have to pay it one way or another and paying the costs usually come out of the business profits.

Buying and keeping a profitable business is much better in a growing economy than selling it. Esp if the merger makes business sense - and it absolutely does. Grow it, Package it, Sell it -

MJ will be a huge sector of the economy in a few years, no doubt.

Anyone know the back ground and education of the Ops Manager?