Blum Holdings Inc (BLMH)

[Magnum7419]

Does it make sense to pay 24,000 a month IN RENT for cultivation site (vacant) versus buying it......

Lets compare the costs down the road on 30 Benhenberger Loop versus :

"xxxxxxAnnounces Preliminary Agreement to Purchase xxxxxxxx Marijuana Grow and Manufacturing Facility in $1.55 Million Deal
Agreement includes purchase of 12,000 square foot indoor facility, including grow and production equipment for $1.3mm in xxxxx stock and $250,000 seller investment in xxx.

July 31, 2018 -- InvestorsHub NewsWire -- xxxx Holdings, Inc. (OTCQB: xxxxannounced today that it has reached a preliminary agreement to purchase a 12,000 square foot indoor marijuana grow and manufacturing facility in xxxxxxxx which has a current capacity to grow in excess of 800 pounds of high quality medical and recreational cannabis annually. The seller also holds a production license for the manufacture of extracts, oils and edibles, as well as the machines and equipment necessary to begin production, which will be included as part of the real estate purchase."