Replies to post #37804 on Blum Holdings Inc (BLMH)

[Jarnism]

50k in profits is a joke dude. The revenue is a joke as well. Just because it increased it doesn't mean it's done great things.

[RobinIV]

I'm not smart and I don't have money (that's a joke) but I can tell you what i don't like about TRTC.

The problem is their earning don't mean much to an investor. In retail, when you offer a lower price than competition for the same product, you are choosen as supplier. In this regard they could easily have made 4M earnings if they wanted to. They just would have to buy more herbs, label it, deliver it at a lower price than competition.

The problem is that there is little profit margin and not many ways to improve margin. And margin is what's needed in the end to return value to shareholders.

If you compare to NRTI, they can distinguish themselves with their products and they have shown much better margins. The stock is down also today, but it has much more solid base to recover.

Just my opinion

[Lax1]

Looks like not smart investors dumped their shares and smart investors picked em up. Why didn't you predict the rebound to well over $1???? Hmmmmmmmmmmmmmmmm...

[allson]

I would imagine most people reading this, has more than that in the bank. Would have been $30k but I think they spent $3K on office furniture ;-)