Blum Holdings Inc (BLMH)

[grizzlyman69]

As usual,Derek Peterson-"the face of the US mj industry" is quoted in this article....But others in the industry are hopeful as more cannabis companies have found their way onto U.S. exchanges.

Derek Peterson, the chief executive of Terra Tech Corp (TRTC.PK), based in Irvine, California, which grows and sells cannabis, said the company has taken steps to prepare for a listing on a major exchange, such as undergoing a reverse stock split on the over-the-counter market to boost its share price. Investors’ search for deal flow in a sluggish IPO market will lead to greater acceptance of marijuana companies, he said.

“When the opportunity opens up, there will be a tremendous amount of institutional capital chasing it,” Peterson said. “It’s just a matter of time.”

Reporting by April Joyner in New York; Editing by Lisa Shumaker -link to complete article ----
https://www.reuters.com/article/us-hightimes-ipo/high-times-refreshes-ipo-plans-as-cannabis-companies-build-buzz-on-wall-street-idUSKBN1JF1KO