Blum Holdings Inc (BLMH)

[La Puma]

This is what I am modeling as a "pie-in-the-sky" best case scenario for 2018 revenue and subsequent translation to a price target with the factors and inputs from the previous post. This assumes they do some things with the $75M in capital:

Blüm Oak - $75M
Blüm San Leandro - $40M
Green Door x 2 - $80M
IVXX - 750 dispensaries x $5k/mo each = $45M
Weedmaps = $85M
NV dispensaries = $50M x 5 = $250M
Accessories and pullthrough = $5M
EG: $25M
FL Blüm: $5M

Total: $610M

950M OS
20x multiple

$13.50/share price target

Puma