Replies to post #286339 on Blum Holdings Inc (BLMH)

[kevindenver]

I don't see anything in the financials to warrant a "good run" and the remaining toxic debt still on the books will put downward pressure on the share price.

$4 Million of:

Securities Purchase Agreement dated June 11, 2019, issued to accredited investors, which matures December 11, 2020 and bears interest at a rate of 7.5% per annum. The conversion price is $4.50 or 87% of the average of the two (2) lowest VWAPs in the thirteen (13) trading days prior to the conversion date

And

$1.5 Million of:

Securities Purchase Agreement dated October 21, 2019, issued to accredited investors, which matures April 21, 2021 and bears interest at a rate of 7.5% per annum. The conversion price is $4.50 or 87% of the average of the two (2) lowest VWAPs in the thirteen (13) trading days prior to the conversion date.