Blum Holdings Inc (BLMH)

[WalktheWalk]

Post on Yahoo with $83,000,000 to Dallas was wrong and poster realized it and took it down with correction. Its $83,333, but I believe he still keeps his millions of shares. They said UNRV will recieve about 15 million in cash for the 3 Nevada Dispensary sales over the next few months. That will be a shot in the arm at a very needed time. 6 million Revenue in 2020 to 47 million in 2021 is a big amount even though they didn't hit 70 million mark in pro forma. And going from 52 employees to 334 is another big amount and shows how big they got last year, but expenses also rose big time. I believe a big factor in the lower 4th qtr results was due to unemployement checks stopped on Sept 6 2021 for millions of people receiving Covid Unemployment checks and the last 3 months is the 4th qtr and was greatly affected. Cultivation and distribution went up alot, from $460,000 to $23,000,000 over the previous year. Huge jump. Cultivation / Distribution is now 48.5% of Revenue while retail was 51.5%. We need margins go get back higher, Newsome lower California taxes and Safe Banking from the Senate to go through and we'll be sitting pretty.