Blum Holdings Inc (BLMH)

[BidnessMan]

Did you miss the face book post? You sleeping when Nevada went recreational? Did you forget to turn the page on the calendar?

The stars were aligned in 2016 for growth not for profits. July 2017 is just the beginning of payback for that growth. It will be fully realized the third Quarter of 2018 in my opinion.

I fully expect a share buy back in 2018. That is the single best move Derek could do with the cash he will be dealing with in 2018. The company needs to stop looking like a penny stock and more like a big board stock by getting a handle on the share structure. It will help financing and reduce dilution while paying back the current share holders for their patience. It's the move I'm betting a small fortune on. He may be in a position earlier but I'm betting it's at least a year away.