Blum Holdings Inc (BLMH)

[Banana314159]

TRTC & Peterson will ruin those assets. The more operations they’re given the more money they WILL lose

Under normal circumstances you’re absolutely right. However here Peterson is simply floundering around till a big fish comes in and eats all the common shares for lunch and he and the BOD can pull the golden parachutes we all tolerated them giving themselves.

California grows more competitive by the day and TRTC with Peterson at the helm have successfully run BLUM and IVXX into the ground. Everyday they lose market in Nevada. Reno is the only good market they’re in and it’s by mistake they’re there.

At best BLUM California could consume 20% of the flower all those “cultivation centers” eventually put out. Consider 50% retail revenue is product COGS, and at best flower is 40% of that and at best, 40% of that is high end flower. (Much is outdoor and greenhouse etc).

If you think TRTC will go from losing money to being a competitive grower, extractor and producer all of a sudden in the worlds biggest, most mature and most competitive cannabis market, than you’re the perfect shareholder to be supports these scum bags.