Blum Holdings Inc (BLMH)

[BidnessMan]

Plan going forward. This is what we need to see and hold Derek's feet to the fire for. This will determine if I invest more in TRTC. I expect to start seeing results Q3. That's about 6 months.

1. Keep Gross Margins above 45% in 2019

"I want to go back over the four main objectives that we’re going to be focusing on for 2019; first and foremost, increasing gross margin to a minimum of 45%.

2. EBITDA - Increase Revenues to a run rate of $63.3 Million by EOY

"... one of the big focuses for us for 2019 is to hit that run rate of $63.3 million over the course of the year. We think we’re going to be able to achieve that sometime in Q4."

3. Move to non dilutive growth by end of July.

"... another extremely important point that we’re focusing on this year is to cease accessing the capital markets at the end of the first half of 2019."

4. Continue Growth of existing permits and licenses.

"So while we’re kind of battening down the hatches, if you will, we don’t want to ignore growth either. So we have a tremendous amount of permits right now that had been under development, some that have come online in Q1 that are going to now begin to be accretive in Q2 and Q3 as we go on."