Replies to post #289941 on Blum Holdings Inc (BLMH)

[ThomasAn]

A hydrofarm miracle only happens once. They pissed it off. They are now practically done.

[Parapraxis]

The losers will walk away with your money.

[kevindenver]

Creditors will decide what to do with the "assets" as bankruptcy is not an option for marijuana companies and common equity is worthless.

Current assets = 7.21 million and current liabilities = 75.0 million
Assets = 54 million and liabilities = 96 million

My guess is all operations will cease and the company will be dissolved. The remaining assets will be transferred to a new corporate entity owned by the creditors.