Blum Holdings Inc (BLMH)

[Banana314159]

1. Competition has 10X more CA locations and expanding
-harvest, acreage, cookies, medmen, NorCal, GTI, Connected. All will have well over 10 stores by years end. Some have single stores that outpace TRTCs entire Ca market share.

2. DP failed in Nevada and in the last year alone has lost 50% of the retail footprint that TRTC spent 4 years and $30M + to build. Why?
-the competition runs circles around TRTC already. Wait till next year. They’ll maybe have Reno still. There are state of the art grows in NEvada that are currently expanding to the size of the VanVredes basil farm that TRTC pretends to own, only they grow Weed and make a fortune at it because they know what they’re doing

3. TRTC Delivery is dead on arrival
-TRTC has never operated deliver and has zero advantage or experience or edge.
-others command unique technology relevant to marketing, order tracking, delivery logistics etc
-others leverage low cost (high margin) products because they developed cultivation, manufacturing and production successfully while DP and his wife were buying their third million dollar mansion to celebrate losing $10s of millions of their shareholders money while creating zero actual value.

4. BLUM San Leandro is a dud. Seriously, you’re correct they have a monopoly but there’s dozens of successful delivery’s who have serviced the area for years and 2 well liked Dispensarys under 10 minutes away in oakland. Check a map. Check weedmaps. Look on Instagram. The sales are flat. DP runed the reputation Blum had.

I feel really bad for you if you’re always defunding these losers because you’re way underwater on this stock. That really sucks. If on the other hand you get paid to defend them and talk them up online, it really impressed with your dedication. You deserve a raise. Good luck to you.