Blum Holdings Inc (BLMH)

[BidnessMan]

Nope, They are dealing with a piss poor legal framework, a non existing banking system and a hodgepodge of state laws that are causing financial harm on many of these companies.

The only consistent money maker (and it did very well this quarter) is Edible Gardens. Maybe the new smokeless lines contributed a little.

So for the time being I believe Derek is waiting for Schedule II which will fix many of the issues that hinder profit and he's opted to increase product lines, grow Edible Gardens and look for acquisitions in states likely to pass favorable laws.

The statements about possible inability to become profitable have to do entirely about the federal and state governments ridiculous actions concerning MMJ. Out of all the MJ stocks there are none better to reach profitability quicker and better than Terra Tech. When The Schedule is changed then we will find out who is right. If it doesn't happen with the DEA it will happen with the presidential pick - assuming America does not loose it's collective mind.