Replies to post #145250 on Blum Holdings Inc (BLMH)

[AC7880]

Here is an actual quote from the article:

"Every step of the supply chain will, by 2018, be overseen by a new Sacramento office called the Bureau of Medical Marijuana Regulation"

"BMMR will issue state licenses to commercial cannabis businesses"

"by 2018" means not later than 2018.

CA will not hold the process up, holding all licenses in abeyance until 1 Jan 2018, then awarding all licences at one time. Instead CA will get the process sorted out, and award licences spread out over time, with a deadline to complete the process by 1 Jan 2018.

1 Jan 2018 is the deadline to complete the process, not the begin date of the process.