Blue Diamond Ventures Inc (BLDV)

[Gemma]

You have to understand BLDV is not a weed stock. At best it does consulting for weed stock companies.

So far the only thing that they have done is write applications for companies looking to get licenses in various states to sell or produce weed, and now Todd is trying to set up a testing facility to test the quality of weed for weed producers.

Those activities will not generate huge revenue or profit like companies that grow and sell weed.

If the government (state or federal) makes it a requirement to test and verify quality of product with some sort of required license from an independent lab, then BLDV may be in a position to reap some benefit, but there will be many other companies doing the same thing so competition will keep margins low. What is more likely is that large growers will build their own testing labs to avoid being dependent on outside companies that they have no control over, and smaller growers will be looking for the best pricing to keep their costs in check.