Blum Holdings Inc (BLMH)

[Magnum7419]

"According to the allegations, Hegerich participated in three separate joint venture transactions, including a Reno cultivation operation, a real estate company and the operations of the Reno Blum dispensary. She charges that the entities weren’t properly audited and that Terra Tech “looted” the “highly successful” dispensary operations. According to an investigation by CaseyNeilon, “Terra Tech admitted numerous errors” in its accounting. She also claims that the company included false statements in its 10-Q filing, as the company misrepresented its ability to exclusively control the management of Blum’s Reno operations. Hegerich further alleges that Terra Tech failed to make rental payments to the real estate company."

https://www.newcannabisventures.com/terra-tech-hit-by-fraud-allegations-in-its-nevada-cannabis-operations/