Blum Holdings Inc (BLMH)

[Magnum7419]

David VV, owner and landlord says NO to Marijuana being grown on HIS land.
"7. USE AND OCCUPANCY.

Tenant shall use and occupy the Demised Premises for and in connection with its fruit, vegetable and floral business and for no other purposes (the "Permitted Use"). Tenant shall not be permitted to conduct any business on the Demised Premises on Sundays."

https://www.sec.gov/Archives/edgar/data/1451512/000147793216009227/trtc_ex1025.htm



The town of Belvidere, NJ says no to Marijuana being grown in their town.

How does the State of NJ trump Home town rule ?

IMHO

RESOLUTION NO. R2014x97
TOWN OF BELVIDERE
WARREN COUNTY, NEW JERSEY
A RESOLUTION IN OPPOSING THE LEGALIZATION OF MARIJUANA AND THE
PRODUCTION OF IT AS A CROP IN THE STATE OF NEW JERSEY