Replies to post #162239 on Blum Holdings Inc (BLMH)

[sleekscape]

Is that your explanation?

It is possible the sun could explode and wipe all of us out tomorrow.

Try again.

I'm still waiting for a rational explanation as to why Blum Oakland sold their dispensary for 90% in TRTC shares and only 10% cash if they don't think it is a great investment...

And more importantly, how receiving 90% shares and only 10% cash is an example of insider enrichment?

Still waiting...

[Highze]

Which, in turn, would make their shares worthless. Why would anyone do that? Blum was bought because it was an already established, successful business that has preferred status under the new California MMJ laws that now allows Blum to book PROFITS. They didn't just buy a dispensary to add a few million in profits in Cali. They did it for that reason but also to help build their IVXX brand as a base of operations. With IVXX blowing up all over Cali, making Blum the flagship store for IVXX spreads brand awareness. They want the brand to spread all over California. And now people that get their IVXX in Cali are going to go on trips to Vegas and what brand do you think they are going to look for when they go? And they will be in luck, because they can get it right off the strip.