Replies to post #287884 on Blum Holdings Inc (BLMH)

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I can see them selling off the business. That they submitted no NJ weed application in 2019 signals that NJ is off the table. Which is too bad, because out of all the 2018 applications outside of the 6 or 7 chosen, they ranked 40th, meaning that they would have had a realistic shot now that NJ is expanding the permitting to 24. Edible Gardens has been a huge disappointment. I'm not sure why it has seen such drastically reduced revenues since 2016.