Blum Holdings Inc (BLMH)

[JimofRidge]

I would agree on most penny stocks but Cannabis is just in its initial stage and will remain volatile for another 12-24 months. It will be a multi billion dollar business for companies that have built the proper infrastructure for cultivation, CBD production and medical marijuana markets. A few of the Cannabis companies ran up the share price on hype and to this day haven't made a cent in ROI. Cannabis is not going away, its not a fad, its a soft drug that is enjoyed by millions of consumers around the world. A lot of missteps tapping into that market but I think there are a couple of companies that are about to make a positive profit and that will be the start! It doesn't take a lot of capital to buy a half a million or more shares!