Blum Holdings Inc (BLMH)

[pearjammer]

Thank you for posting this....it shows how dirty Derek Peterson operates and what his motives are, and why this stock is not a long term hold anymore, and most of all why the pps is .28

I mean they diluted >500,000,000 shares in a year...its a wonder the pps even holds .28 pps.

The article breaks down in a very simple easy to understand way how this company is an insider enrichment con run at a very very high level.

At the end of the day all they care about is taking every dollar /cent at the current level, and leaving nothing on the table.

Why else do you think they do not spend their own money on things? CBIS buys 2 dispensaries in LA for nothing!!!!

They like to apply for permits in the outskirts of bigger metro areas because it costs them very little but looks good on paper...metrics

That day is coming close, and then just doing reverse split to clean up the books, and selling the assets to the highest bidder....

They even said so themselves..so it really is no surprise

They are not inthis for the long haul...