Replies to post #224049 on Blum Holdings Inc (BLMH)

[Magnum7419]

Each dispensary is in the red by 147,000 monthly

Hopefully rec sales will allow them to break even...

Last Quarter cannabis revenue was 5.8 million........

5.8 million divided by 3 months = 1.9 in revenue a month

1.9 million divided by 5 dispensaries = 386,000 average revenue/month

5.4 million divided by 3 months = 1,800,000 cost of goods

1,800,000 divided by 5 dispensaries = 360,000 costs of goods per dispensary per month/

2,600,000 million in general expenses divided by 3 months = 866,000

866,000 divided by 5 = 173,000 per dispensary expenses/month

So one can assume each dispensary averages 386,000 in revenue monthly

So one can assume each dispensary averages 533,000 in expenses monthly

Each dispensary is in the red by 147,000 monthly


http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12057396

See page 20

[BidnessMan]

Excellent post - deserves to go to the top.

[I-Glow]

This is good news for Peterson and the other insiders - for shareholders it has little meaning. It is just more money for Peterson and the other insiders to enrich themselves.

The dispensaries are unique in a way which insiders can enrich themselves at a even greater rate. The amount of money they will be grabbing will be obscene.

IG

[Djdjdjdj]

10 REASONS TO FALL IN LOVE WITH TRTC:

1) Nevada's recreational sales start July 1st at midnight.
2) Nevada only has 60 marijuana stores vs Colorado has 1004 stores or Washington state's long list

Of those 60 stores, TRTC owns 4 of them. All 4 are now licensed to sell medical & recreational marijuana
Blum Las Vegas on Western Ave
Blum Las Vegas on Decatur Blvd
Blum Las Vegas on Desert Inn Rd
Blum Reno on Virginia street

3) Nevada gets 53 million tourists a year. Las Vegas alone gets 118,000 new tourists a day. Tourists cannot bring marijuana on their flights, they will need to buy it in Nevada.
4) There are 3 million Nevadans. Unlike Colorado, Nevadans are not allowed to grow their own marijuana at home unless you live more than 25 miles away from a dispensary but who lives out in the middle of the desert?
5) Las Vegas alone is estimated to sell 1.8 Billion worth of marijuana in 2018. There's going to be long lines in front of those 60 stores.
6) In 2018 there will be 80 new dispensary licenses awarded for Las Vegas metro, but only current marijuana businesses can apply for them.
7) After Nevada, its California that will start recreational sales. TRTC is there too with a store in Oakland and one more Bay Area store opening soon. They are also building a giant cultivation facility in Northern California. TRTC has $10,000,000 in cash that is earmarked for entering the L.A. market.
8) California may become a marijuana sanctuary state.
9) New Jersey is probably going recreational next year. TRTC has giant greenhouses in NJ growing produce. Those greenhouses are ready to convert to growing marijuana when NJ goes MJ!
10) Re-read line 1