Blum Holdings Inc (BLMH)

[JimofRidge]

Perhaps you missed what happened in the Senate races. Republicans now have a six seat advantage over Dems. It doesn't matter in the short run what voters or newly elected officials say and proclaim about legalizing pot. Mitch McConnell already has proposals by Elizabeth Warren and the Sen from Colorado that he has refused to bring to the floor for discussion! This proposal was not even going to legalize pot but rather it would prohibit the Feds from interfering with States that have by legislation to have legalized pot. Not bad but you still can't ship state to state and on a tax basis you pay full Federal Tax on entire REVENUE not net!This is not entirely going to go away but it will take another 6-12 months at minimum for it to have a serious chance to come to the Senate floor for a vote. Not enough time here to keep a bleeding business alive!GLDFF is going to be cash positive the 2nd half of 2019 as a result of their course of action. Our $12 million gets us to the finish line. Interesting to note you guys are projecting $7 million in revenue. Against what increase in expenses!I believe the bleed continues and should not be financed by GLDFF!