Blum Holdings Inc (BLMH)

[IndustryParticipant]

Various sources (alcohol industry) have reported cumulative drops nationwide in cannabis states. (One can find reports from 2.5%-9%).

Of course, different segments are affected in various ways. (Budget, craft, spirits, wine, etc), but cumulatively, I've seen as much as 9% and $4B decline depending on the source)

Here's a quick search return on the lower end....

http://time.com/money/4592317/legal-marijuana-beer-sales/

Another quick blurb:

https://truththeory.com/2017/03/14/alcohol-industry-frantically-lobbies-legal-weed-beer-sales-predict-2-billion-drop/

I've seen this non veteran inexperienced white collar monopoly gran before in other states. (5 of us could "probably" handle the whole state)

"Probably"?..........So we should launch a billion dollar industry, with hundreds of participants and we'll "probably" be fine?. You can "probably" serve everyone and ensure a smooth rollout of the program statewide?

"Probably". :) lol.......(Unfortunately, they "probably" would need to completely alter their operations, as it can't be slapped on the beer trucks, stored with the kegs, and so on......)