Blum Holdings Inc (BLMH)

[kevindenver]

NJ is off the table because after the lawsuit with the VanVerdes TRTC no longer has any operations there or anything to "sell".

You obviously haven't been keeping up with the corporate drama as of today TRTC is a shitty little mom and pop set of California dispensaries.


From last financials:

Going Concern



The accompanying unaudited condensed financial statements have been prepared assuming that we will continue as a going concern. In an effort to achieve liquidity that would be sufficient to meet all of our commitments, we have undertaken a number of actions, including minimizing capital expenditures, and reducing recurring expenses. However, we believe that even after taking these actions, we may not have sufficient liquidity to satisfy all of our future financial obligations. The risks and uncertainties surrounding the timing of the close of our pending asset sales in Nevada, our limited capital resources, and the weak industry conditions stemming from the COVID-19 pandemic that are impacting our business raise substantial doubt as to our ability to continue as a going concern. See Note 19, “Going Concern” of the Notes to Consolidated Financial Statements.