Blum Holdings Inc (BLMH)

[pearjammer]

Here are the questions i will send in to be answered tomm.

It is a list compiled of hot topics discussed here....

Questions for Derek Peterson

1- What is the progress on San Leandro and projected costs to remodel it. It was supposed to be open by Jan 1 2018.

2- Can you advise on the costs related to selling the most common sale items.
Things like the raw cost, testing cost, packaging cost, as well as shipping?
-> If you can't. What is the profit margin for 1 Ounce in recreational sales versus medical sales?

3- Why would you hire a man like Kenneth P. Krueger? I am sure that you did your research, and where aware of his background.
https://www.sec.gov/litigation/admin/2017/33-10430.pdf

4 -Why would you hire Michael James? He has a very bad reputation for what he did to the shareholders of NRTI? He diluted the PPS down to .001! Do you know how bad it looks that you hired this man?

6- The Company is a party to the following transactions with Martin Kaufman and Salwa Ibrahim, each of whom beneficially owns more than 5% of our outstanding Common Stock.

An entity owned 100% by Mr. Kaufman and Mr. Ibrahim owns the property where the Company’s Blum Oakland facility is located.

That entity leases the property to an unaffiliated third party for $16,000 per month. The Company subleases the property from the third party for $28,840 per month.

The Company pays $24,000 per month in rent for the property where its Oakland, California cultivation facility is located to an entity owned 50% by Mr. Kaufman and Ms.Ibrahim .

The Company pays $24,000 per month in rent for the property where its San Leandro, California dispensary and production facility is located to an entity owned 50% by Mr. Kaufman and Ms. Ibrahim.

The Company pays approximately $35,000 per month to an entity owned 50% by Mr. Kaufman to provide security at the property where its Blum Oakland facility is located.

During the twelve months ended December 31, 2016, the Company purchased $76,638 in products from an entity owned 9% by Mr. Kaufman".
How do you explain these expenses and ties with TRTC management team?