Blum Holdings Inc (BLMH)

[stockanalyze]

the problem with unrv is seriousness. unrv is like small business as 70% of stock is owned by insiders. every penny in stock price should matter to them. they need to show positive ebitda by controlling cost and be dead serious about it and let investors know. the market was down but they have been down due to their own doing. frank gave one of the presentation from his kitchen i believe, maybe was trying to look cool but it wasn’t, as an example. they need to communicate regularly, have a newsletter . for example they could just keep in touch with letting everyone know of recent announcements even though it is out there. people’s need to drop the lawsuit to allow them to catch this momentum as i believe safe banking is guaranteed at this point and interstate commerce would grow and people would miss out on it. when I got into unrv, the legalization news was hot and then became cold. it is hot again.. my target last year was between $3-$4 . i think if they are serious, they can get this above $5 and then can raise money but not dilute before as it will be fatal. there is absolutely no communication from them on turnaround, it should be almost on a weekly basis either through conference calls or newsletter. the ir person does what all day? maybe he is hired on part time basis and does this for many companies and not an employee. you don’t go public with little seriousness as investors scan and chose where to invest with so many options. hopefully they will capitalize on the momentum. who knows?
i follow this guy, be he has been wrong as well , just to let you know. happy reading.
https://toddharrison.substack.com/p/us-cannabis-a-curtain-call