Blum Holdings Inc (BLMH)

[BidnessMan]

While reading the hype the doom and gloom nutcakes put out remember the last financials. Keep your eye on the ball. Watch for increased value and growth. Debt used to increase value and grow the companies is fine if it makes sense.

If Derek decides the company needs a yacht or a Cessna Citation then I'm gone.

If he decides to pre-load emerging markets with grow operations or buy real estate for future dispensaries, (like in Florida), I'd applaud the forethought. The only problem with growth is growing to quick to sustain. Does not seem to be a trait of our CEO.

41% revenue growth year-over-year for full year 2015 - WOW

44% revenue growth quarter-over-quarter for Q4 2015 - WOW

And debt was reduced to $917,000 from $4.62 Million - WOW

Heck 917,000, your local businesses probably have more debt and they are doing just fine. You gotta spend money to make money.