Replies to post #161215 on Blum Holdings Inc (BLMH)

[Cbdpotential]

Did you not read my post from 2/4/16?
;-)
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Compliance is not easy.

Consolidation is beginning to push mom and pop shops out of business

$TRTC is at the right place at the right time with the right licenses, credentials and MUCH more...

It's a FACT

http://www.thecannabist.co/2016/02/03/livwell-john-lord-colorado-oregon/47630/

When compliance is the driving factor behind a business's success, then all it takes is money to succeed, not quality (LivWell was the largest pesticide/fungicide violator in Colorado) or just plain hard work. Regulations have made it nearly impossible for small business owners. Instead of creating business opportunities for the middle and lower classes, many of whom fought for cannabis legalization, the industry was packaged neatly for the wealthy to move in and buy and shut everyone else out. From John Lord:

“What I believe we’ll continue to see here is further consolidation in the industry, and it will not be driven by competition — it will be driven by compliance,” said Lord. “What we’re seeing in the acquisition market currently are exhausted owners. You’ve got mom-and-pop shop-type set-ups trying to run the gamut of compliance, and there’s simply not the bandwidth within the company to do that. So further consolidation in the industry is compliance-driven and not necessarily competition-driven.”

Credit: Cannabis Consumers Coalition

[TheGanjaGuru]

Industry is irrelevant. My point when using them as an example was the fact that on an analytical data driven evaluation, they were WAY over rated @ $240.00 And even now some would argue, still way over rated. Why are their share prices so high? Because people have taken an emotional stance that this they will succeed.

My point is that with ANY stock, hype and emotion are huge drivers when it comes to value.. Isn't hype going to trigger an emotion? Isn't it hype that is used as part of the pump in a pump and dump?

People get their emotions caught up in any stock that represents any industry, regardless of the number of competitors. It's money. To say that people don't simply isn't true.

[sleekscape]

Yes it is very fiercely competitive.

And out of more than 300 entities who competed for licenses in Nevada, TRTC performed the best.

They won the gold medal.

They finished 1st out of over 300 competitors.

And when the competition is fierce in an industry, the industry winners rightly achieve extremely high valuations.

Thank you for bringing some much needed logic to the amazing performance of TRTC in this fierce industry.

You are correct, it is fiercely undervalued given its position as the winner of such a fiercely competitive sector.