Replies to post #248790 on Blum Holdings Inc (BLMH)

[Magnum7419]

Pundits here said expenses were one time and I believe I stated then employee salaries will eat one alive.....thats why selling a brand is better than owning a dispensary IMHO.

"Selling, general and administrative expenses for the nine months ended September 30, 2017 were $18.65 million, compared to $13.23 million for the nine months ended September 30, 2016, an increase of $5.42 million or 41.0 percent. The increase was primarily due to: (i) an increase in salaries and wages for operations at the MediFarm dispensaries, and at corporate which includes a $1.27 million increase in equity compensation expense issued to employees during the nine months ended September 30, 2017"

see page 42 https://ir.terratechcorp.com/quarterly-reports#document-5173-0001477932-17-005447