Blum Holdings Inc (BLMH)

[BidnessMan]

TRTC will not be able to up list to NASDAQ until MJ is off the illegal drug list at the Federal level. Derek has to get the BOD completed, Share structure inline, and the share price at the required level and since it is a Marijuana stock he needs to meet all the requirements without waivers that are allowed many times to other companies in less controversial industries.

He's started working to get more impartial directors, The share structure and the share price could be fixed three ways that I see.

1. Through buy backs and share increases if the California market does what a lot of folks here wants it to do. (Big gains for share holders)

2. Through a RS after legalization is certain and the added revenues from growth is not enough. Which is why he is asking for the ability to conduct an RS in the future. (Gains eventually, but could be a rocky road.)

3. Through a merger with a big board company if legalization is certain. (HUGE for common share holders.)

What company in the alcohol and Tobacco industry or even companies like Coke and Nabisco would not jump at the chance to grab up these comparably small companies with the next huge consumable?