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BriarPatch

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BriarPatch

Re: On2_addict post# 216997

Monday, 05/08/2017 9:17:41 AM

Monday, May 08, 2017 9:17:41 AM

Post# of 290030
Check you numbers...
If memory serves Blüm/oak was bought in Jan '16 for 1.5x future 12 month earnings. At the time of sale they were making roughly 14 mil per year, so that would put the sale price around 21 mil plus the increase in earnings per the following year. (I'm on the fly so I don't currently have access to my records) Blüm/oak had 42k registered patients, seeing nearly 1000 per day, an on-site cultivation facility and home of the ivxx™ extraction lab and production facility and according to the local / State gov was/is the premier example of a dispensary.

The SEC Filing and press release

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11104802

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