Blum Holdings Inc (BLMH)

[Investorhawk]

Thanks for the insight. I respect your perspective. Regarding the way this is trading I realize we all have different strategies to determine what a company is worth to us and formulating entry/exit points accordingly. I can't help but notice how so many of these companies are trading at ridiculous multiples of annual revenues.

Take for example Cannabis Sativa (CBDS). Unless I am looking at the wrong financials, they pulled in maybe $127K in revenue for the last four quarters combined. Yet their market cap is over $136 million which means they are trading over 1,000 times revenue. In comparison TRTC with its projected $40 million annual revenue for 2017 and current $357 million market cap is only trading at a little under 9 times its revenue. TRTC has a lot more going for it than CBDS. If companies like that can trade at 1000 times revenue then I don't see how the SP for TRTC cannot go much higher. That's my two cents and like everyone else I don't hold the crystal ball for predicting price movements. Just my perspective.

Happy New Year to you!