Blum Holdings Inc (BLMH)

[BidnessMan]

DEA Schedule II is the holy grail. -

Forget Green Door, Parker, Elvis,

Until then it's all hoping and wishing.

No Business tax exemptions. Means every dollar is taxed. No Profits because expenses will eat all the profits. Kinda like we saw with the 1st Quarter results.

Also, what monies that are made will not be accepted in any bank. Big deal. How do you pay vendors, contractors, employees? With Bitcoins? Cash?

Terra Tech does business interstate. How's that supported? Hopefully they are keeping Edible Gardens monies separate from Pot monies until Reschedule and the rules change.

Cash business and No exemptions. Might as well open a lemonade stand and donate the proceeds to the Girl Scouts until reschedule day.

Terra Tech will have to live off of stock and Edible Gardens which does make money.

The volume will stay low and the bears will run the show.

Longs will be OK because the long term still looks good if the DEA doesn't take longer than TRTC can survive but they ought to stop looking at the ticker for a few months. Just go take a vacation.

Traders are going to have to really like gambling because the volatility will get hairy to say the least. We could see the 20's or the 40's and all in between in just a week's time.

My wild assed guess is a .20's-.40's roller coaster the next two months. Until DEA is closer, I'm mostly on the sidelines.

I sincerely hope I'm dead wrong.