Blum Holdings Inc (BLMH)

[BidnessMan]

After demonstrating some relatively severe comparative weakness in the context of the cannabis space over the past six weeks, we put out a piece to start this week that it might be time to sniff around at Terra Tech Corp (OTCMKTS:TRTC). Since then, we have seen nearly 10% upside, with a double bottom in place helping to put the action on a technically solid foundation.

To further build this case, the company just announced that it has secured a 25% ownership stake in The Healing Tree Collective, Inc., a cannabis dispensary operator based in California. According to the release, “On July 23, 2018, The Healing Tree Collective was awarded a retail permit associated with a facility on W. Pendleton Ave, Santa Ana, by the City of Santa Ana. The remaining 75% of The Healing Tree Collective, and therefore the associated permit, is held by other members of the collective, with whom Terra Tech partnered in order to complete the permit application process.”

https://oracledispatch.com/2018/07/27/terra-tech-corp-otcmktstrtc-continues-show-positive-signals/