Blum Holdings Inc (BLMH)

[IndustryParticipant]

SA False Timelines-Post#265446

TRTC did acquire two locations in Southern Ca, one of which will be a large cultivation site that is projected to generate millions of dollars in revenue.......so when will that revenue arrive ?

CEO feels the facility itself will NOT be completed till Q2 2019 imho

I see great potential but no reason to enter TRTC now.

"On the cultivation side of the equation, we think the potential revenue at full capacity under current market conditions we can achieve approximately $10 million to $15 million in revenue from a cultivation of flour standpoint at that facility and we could have that likely completed by Q2 2019."

Among the dozen or more deliberately misleading posts already today, this one is the simplest and quickest to correct. (My job, unfortunately is not board servicing)

1. It has been thoroughly documented the Santa Ana processes have moved very slow, and stated on calls (I believe) as far back as 2017 they were awaiting not only the Phase 2 on the dispensary licenses, but the Phase 1/Phase 2 cultivation licensing process as well, of which there was no timeline available.

2. At the time of those statements, neither of the dispensary applications had entered Phase 2 (commence construction), nor had the cultivation application processes opened yet.

Between 1 and 1.5 months after those statements, not only were both locations waved ahead to proceed in Phase 2, but the cultivation, manufacturing, and distribution license processes opened as well.

Links to all above can be found here. (Phase 2 dispensary for both locations, construction begun, and Non retail (cultivation, manufacturing and distribution) licensing process opened) All occurring early/mid June.

Yet another case of focusing upon outdated, irrelevant material to intentionally mislead as the documentation proving such has been provided. Many times.

Fun translation:
That means, they are, in these cases, dramatically ahead of schedule. :) LOLOL

Yet, oddly enough...., no posts on such.....(everything commenced, and quite a bit ahead of schedule....lol)