Blum Holdings Inc (BLMH)

[pearjammer]

Finally some moments of clarity and honestly from AC. I believe they will not need anymore toxic financing if they continue to move at this current pace and revenues increase $15 to $20 million dollars from the added dispensaries and grow facility providing harvests...(according to Derek)

If they Need more money, than they are just not running an honest business...something is not making sense. Because we all know the expenses are fabricated for tax purposes. The laws are changing and the increase revenue should be more than enough to handle this next phase into Nj....if that even happens .... who knows what will be rewarded? who knows the outcome of the NJ boys lawsuit?
Will Derek screw it all up and have to buy a parcel of land and rebuild the grow house? Thats actually not a big deal to take apart and rebuild...but land is expensive in NJ.

Will this battle with one of NJ's most well respected farming families effect getting what they have been lobbying for since 2014? Time will tell

I would be very very disappointed if Derek Peterson jumped on another toxic finance deal ....especially since banking laws are coming very soon.....If he automatically jumps on toxic fins before then..its a sure sign of insider enrichment 101.......why pay the bank back a loan ...when we can just sell shares....

But on the same note....TRTC may also work one against each other for a better rate..idk

The dilution has to stop ...and the company has to perform ..everything is in place now....

The numbers should at the very least double from the pathetic 2018 1st quarter results of $8.5 million in revenue and $10 million in expenses....

this is after NV was recreational 1 year and CA was recreational 3 months.... it was only something like $1.7 million better than the prior year......which is not very good, considering this the honeymoon phase of MJ being recreational..... soon there will much more competition and people will not be so curious to go to a dispensary...possibly just buying online instead....as that will be coming soon....