Blum Holdings Inc (BLMH)

[RML65]

11 M of the 18 M of the quarterly loss was due to the looting damage, which will be recovered by insurance--they were obligated to put the damage in the 10K for the 2nd quarter. The insurance payment will most likely be in the next 10K.

According to Yahoo, TRTC book value is .32 per share, so the stock is very undervalued.

With the 9.2 M in cash they have, they can easily open the Dyer store, and the Hegenberger cultivation center. CC said that additional 20 M in Nevada asset sales is expected in the next 9 months. Also, we have 2 M shares in Hydrofarm, which is expected to IPO on a major exchange.

Just a few points from the glass half full side of the street--it is not nearly as dark as many state, and there are many positive catalysts to come in a fairly short time frame.