Blum Holdings Inc (BLMH)

[IndustryParticipant]

Mexican production greatly misunderstood.....

Mexico has always been a shipping point for product from dozens of countries (Africa, South America, Asia, etc...due to political and legal (lacking).....and they pay pennies for bulk....

Mexican operations themselves have been acquiring U.S talent now for decades and most of their actual product is on the better side of global exports...The worse quality is simply things they procured 100,000lbs for $2-5 a lb and just brokering and shipping out, but of course becoming less and less for various reasons. (U.S market needing the quality....)

They've actually been doing more and more higher end for tourist locations for many years now, including pretty large indoor facilities. (And of course, the government down there doesn't see or know or say a thing....)

Very interesting market (bulk/black market) as much of the time it's approached as simply a commodity and no specific values assigned for the quality. (black, brown, brick, superior quality....all the same to them....(price/moneywise)...)

Should be (legal) a very interesting market in the future....