Blum Holdings Inc (BLMH)

[AC7880]

Wow read this article on the medmen deal direct competition starting trading tomorrow
I bet it tanks
https://equity.guru/2018/05/28/medmen-goes-public-tuesday-three-executives-will-make-money-deal/

"The CEO and the Chairman will each receive US$1.5 million per year in salary for four years, plus US$10 million in ‘redeemable units’ based on share price, that have vested, plus another $30 million in long term incentive plan units that vest over 24 months, at the end of every month.

This means Bierman is coming into this deal – stock aside – with $1.5 million in salary, another $15 million annually in ‘incentives’, and $10 million ‘just cus’, or $26.5 million off the top.

President Andrew Modlin gets the same deal, so of the $100 million raised in new shares going public, $53 million of it goes straight into the pockets of the big two."