Blum Holdings Inc (BLMH)

[Neesh]

Honest Question:

After the initial exuberance before and after a Yes vote for recreational in Nevada and Cali (or before the vote and then dumping after a No vote), what happens to TRTC pps? Is recreational MJ in either state even a good thing for TRTC?

Maybe I'm thinking about it wrong, but I'm just wondering if the removing the MMJ-only structure would negatively impact TRTC business. Becuase then the floodgates are open. So from one view, TRTC has a head start and brand recognition etc. etc. But then again, they also did all the heavy lifting under a terrible MJ climate, which resulted in all the dilution and negative financing.

I'm trying to picture what happens to TRTC if/when MJ is legal and all of sudden all these startups pop up, not having to deal with OTC financiers, competition abounds, the specialness of MMJ licenses are no longer special, there's no longer any exclusivity to MJ sale and/or production in these states...

Or will that not happen? What's the other (or positive) longterm viewpoint?