Replies to post #270168 on Blum Holdings Inc (BLMH)

[JimofRidge]

I do too.There will be mergers! A lot of hopeful investors are misreading the time frame for the federal government to legalize recreational pot. It will still be a ways off after the election because Mitch McConnell has not made it a priority. Growing massive amounts of pot is not the answer at this time it only adds to the fixed overhead therefore the bleeding of cash. Right now the Federal Tax on an illegal substance makes is very difficult to get ahead. GLDFF has a medical grow facility in Canada and operates CBD extrations which was reclassified recently so it has a better profit picture. Slowly adding grow facilities is easier on cash flow. i think we are at least 12 months or more before Congress will take up recreational pot legalization. Right before the general presidential election. Just my opinion!