Replies to post #223077 on Blum Holdings Inc (BLMH)

[Magnum7419]

BAsed on what?

How can that be possible when last quarter they lost 2 million ....

They are losing money every quarter and still need the same 8 million they needed back in 2014 to build out West GAry and Hawco Ct cultivations site.

They borrowed millions from Dominion and Magna yet 50 million dollars came and went.....supplied by common shareholder IMHO

Now besides that 8 million, they need 4 million for San Leandro and 5 million for 30 Benhenberger Loop road (Oakland Cultivation) and undetermined new funding for Humbolt County Lease/Cultivation site.

They are adding expenses every day......ten new employees for Blumwestern alone to handle rec sales in July if local government can do it on time.

Please explain how they can become profitable in 2018 based on the above new funding needed (17 million plus) ???? knowing they lost 2 million last quarter !!!!!!!!!!!

[ap17]

Yes, indeed!