Replies to post #136687 on Blum Holdings Inc (BLMH)

[Art Vandeley]

I don't see how it wouldn't be necessary to draw against the Magna equity credit line as they don't have the necessary funds as per most recent financial statements. The only way would be to raise funds through a different deal, hopefully one that isn't too toxic for shareholders.

[kevindenver]

Plans change all the time and require different levels of cash.
Unfortunately, until this company is cash flow positive, equity financing is a fact of life.

If you dont trust a CEO you should not own its stock in my opinion.