BMWLF: Cresco Labs Inc acquired all the outstanding shares of Bluma Wellness Inc by way of a plan of arrangement. Pursuant to the terms of the Arrangement, holders of common shares of Bluma Wellness received 0.0859 subordinate voting shares of Cresco Labs ("Cresco Shares") for each Bluma Share held.

FINRA deleted symbol:

https://otce.finra.org/otce/dailyList?viewType=Deletions

Looks like we are headed to 1.79 land Cresco is a buy @ $ @ 20.00 From Cannacord

If Cresco is 15$ Bluma is 1.29
If Cresco is 17$ Bluma is 1.46
If Cresco is 20$ Bluma is 1.79
You can do the math on the rest

MADDSTACKER: was I wrong!

1.20 easy today

Cresco bought them today ...

who will buy? they are owned by solcf. the name was change last year to bluma wellness

Cresco it is.

Buyout

Is this thing ready to pop?

is this a winner in Florida? who beat them out?

Here is some more perspective , find the chart in the article
https://seekingalpha.com/article/4394593-cannabis-companies-ranked-from-to-least-financially-leveraged

Thanks. Things are looking very good. Surprised their is so little interest.

https://www.bizjournals.com/orlando/news/2020/12/23/central-florida-medical-marijuana-one-plant.html

I knew the plans were for up to 9 dispensaries. Looks like they are going to have 12. Interesting. May add more shares.

.64 https://oneplant.us/dispensaries/

It appears we will get to a buck. I currently hold 10K but will probably add more this week. They are getting rave reviews on Reddit for some strain just released.

been loading up, looking for $1 here

Up 17% on big volume and not a word. That figures.

Bought in a few today. They certainly have accomplished a lot quickly here with more to come.

im in. i like this pot stock.

Brady Cobb ceo
Another killer week for my team. With only 2% of the dispensaries in FL, we are #3 in ounces sold per store (2nd highest weekly total for us), and #4 in mgs sold per store. Plenty of work left to do, but we are up for the challenge.

Another killer week for my @OnePlantUS team. With only 2% of the dispensaries in FL, we are #3 in ounces sold per store (2nd highest weekly total for us), and #4 in mgs sold per store. Plenty of work left to do, but we are up for the challenge. #bwel #grownnotmade #growgoodtimes pic.twitter.com/5awPL9K5ll

— Brady Cobb (@BCobblaw) October 31, 2020

Thank you to everyone that came out to help during our Jensen Beach Cleanup. What a fun day at the beach with the One Plant family and friends! A special thanks to the Port St. Lucie team for setting it up! #LoveFlorida #OneFamilyOnePlant #GrowGoodTimes pic.twitter.com/yG76MAJ6tP

— One Plant (@OnePlantUS) October 28, 2020

moving along :)

Bluma Wellness”) (CSE:BWEL.U) is pleased to announce that its wholly-owned operating subsidiary, One Plant Florida, intends to open its sixth retail dispensary and delivery hub, located in Avon Park, Florida on or before Monday, October 19, 2020, subject to the receipt of all required regulatory approvals from the City of Avon Park

One Plant Florida achieved a record of US$129,693.76 in single-day gross revenue across its five (5) existing and operating retail dispensary locations in Boynton Beach, St. Petersburg, Jacksonville Beach, Port St. Lucie, and Ocala, Florida

One Plant Florida Sees One-Day Sales Record on Sept. 10 Additionally, the Company is proud to announce that One Plant Florida on September 10, 2020 achieved a record of $111,207.92 in single-day gross revenue across its four (4) existing and operating retail dispensary locations in Boynton Beach, St. Petersburg, Jacksonville Beach, and Port St. Lucie, Florida, according to data from the Company’s Biotrak/Alleaves e-commerce and seed-to-sale tracking system. The record sales day comes after the first harvests of dried medical cannabis flower taken from the Company’s new cultivation, processing and lab facilities in Indiantown, Florida began arriving at One Plant Florida retail dispensaries in the first week of August. “The recent record day and the continued sales strength at One Plant Florida is a testament to our dual focus on premium medical cannabis flower products and on responsible scale,” said Cobb. “With the recent increase in supply coming from our Indiantown facilities, and powered by our patient-friendly e-commerce and seed-to-sale tracking systems, we look forward to expanding our retail dispensary footprint and our innovative delivery and curbside pickup network to better serve qualified patients throughout the state of Florida.”

Cntmf and cptrf .. are also in the same space and more dispensaries ..

$BMWLF | #BlumaWellness Low-Float CBD Bounce Play w/ Huge Revenues






Bluma Wellness Inc. (BMWLF)

Canada: (CSE: BWEL.U)

Alert Price: $0.36

Float: 72.61M
We have just come across another exciting opportunity in the CBD space.
The Company is coming off a remarkable past few months, which includes nearly $1M in revenue for the month of June.
Please turn your immediate attention to Bluma Wellness Inc. (BMWLF).

CBD products have gone mainstream and are now available in major retailers like CVS , Walgreens, and Kroger . Over the past few years many companies have announced they are getting into the CBD business, but a lot of them failed to develop a product.

So, who is making all of the money from CBD?

How big is the market?

Chicago-based market research firm, High Yield Insights, says that by 2025, the CBD market could surpass $23.6 billion, which is a 22.2 percent growth rate. Also according to High Yield Insights, "roughly 40 percent of U.S. adults age 21 and over indicated a willingness to explore CBD under the right conditions." High Yield Insights is not the only research firm talking about big numbers; New Frontier Data conducted a nationally represented survey of consumers that said 86% of Americans know of CBD , while 18% of Americans have tried CBD at least once. Another survey with surprising results is one that was completed by the Arthritis Foundation, where 26 percent of patients with arthritis said they use CBD to treat their symptoms.

Most of the CBD products the average American consumer finds on the shelf are made from hemp. Currently, 47 of the 50 U.S. states, as well as the District of Columbia, have legalized the sale and use of hemp derived CBD products. According to federal law, hemp CBD is 100% legal and cannot contain more than 0.3 percent of THC , which is the compound in the plant most commonly associated with getting a person high. This emerging trend in the CBD market adds up to explosive growth potential for companies like Bluma Wellness Inc. (BMWLF).

About Bluma Wellness Inc.

Bluma Wellness Inc. owns and operates a vertically-integrated, licensed medical cannabis company in the State of Florida doing business as "One Plant Florida." One Plant Florida cultivates, processes, dispenses and retails medical cannabis to qualified patients in the State of Florida through multiple retail dispensaries and an innovative next-day door-to-door e-commerce home delivery service, thereby offering convenient access for its customers and meeting the demands of an evolving retail landscape. Bluma plans to continue expanding its cultivation and distribution operations as the Florida market grows and may enter into other US states where the production, distribution and use of cannabis is permitted under state law.

2020 Is Shaping Up To Be A Monumental Year For BMWLF

Bluma Wellness continued to build steadily on its responsibly scaled growth in June.

The Company:

Commenced trading on the Canadian Securities Exchange (the "CSE").
Opened the fourth retail dispensary location and delivery hub for its subsidiary company, "One Plant Florida", in Port St . Lucie, Florida.
Harvested its first room at its brand-new 54,000 square-foot Nexus greenhouse facility in Indiantown, Florida.
Additionally, the Company has received its 211 approval from the Financial Industry Regulatory Authority (FINRA), and is in the process of completing its application to be listed on the OTCQB.

One Plant Florida Opens Fourth Retail Dispensary Location and Delivery Hub in Port St . Lucie, Florida

On June 26th, One Plant Florida opened its fourth retail dispensary location and delivery hub in the State of Florida at 7510 S. Federal Highway in the city of Port St . Lucie. Situated in the heart of Florida’s Treasure Coast, the location offers qualified patients in Port St . Lucie, as well as qualified patients in Indian River, St . Lucie, Martin and North Palm Beach County areas (via delivery), access to One Plant Florida’s top-shelf genetics, hang-dried and hand-trimmed flower, vape products, concentrates and merchandise via an in-store experience, home delivery, and the State of Florida’s first approved curbside pickup network.

The Port St . Lucie location joins existing One Plant Florida locations in Boynton Beach, Jacksonville Beach, and St . Petersburg, Florida. One Plant Florida intends to open another six (6) retail dispensary locations and/or delivery hubs throughout the state by the end of 2020, including in Ocala, Florida by the end of July 2020.

One Plant Florida Conducts First Harvest and Sets Perpetual Harvest Cycle at Nexus Greenhouse Facility in Indiantown

In June, One Plant Florida conducted the first harvest of its premium cannabis flower at its brand-new 54,000 square-foot Nexus greenhouse facility in Indiantown, Florida. The Nexus greenhouse is now fully operational, and One Plant Florida’s experienced grow team has implemented and will carefully supervise a perpetual harvest cycle at the new facility under which one of the eight flower rooms will be harvested every ten (10) days.

One Plant Florida’s Nexus hybrid greenhouse facility consists of ten (10) approximately 5,000 square-foot cultivation rooms, each of which features individual and customizable climate control systems that allow for the use of natural sun light while still maintaining preset temperature and humidity levels of approximately 75 degrees Fahrenheit and relative humidity of under 55%. This allows the facility to create cultivation conditions that are normally only found in Florida within indoor cultivation facilities that rely solely on artificial lighting. The facility also includes automated shade control and light deprivation systems, a CO2 infusion system, a Ridder hortimax automated irrigation and fertigation system, and a network of ten (10) sensors in each room that track and feed real time data into One Plant Florida’s data analytics system. The Nexus greenhouse houses some of One Plant Florida’s best-known and rare strains of premium cannabis flower, including Mac1, Runtz, SherbD, ChemD, Chem91, I75, Fish Whistle, Dirty Lemons, and Ebony and Ivory, among others.

Financial Highlights June 2020

Bluma Wellness is pleased to provide the following sales and financial highlights from the month of June 2020:

Revenue: $814,000.00
Gross Price Per Pound: $6,667.00
Ounces of Dried Cannabis Flower Sold: 2,190 oz**
Avg . Ounces of Dried Cannabis Flower Sold Per Retail Location: 639 oz
Milligrams ( mg ) of tetrahydrocannabinol ( THC ) Sold: 5,670,500 mg* **
*estimate due to THC var. per batch, 419 mg dispensed per cart
**sales figure based on three retail locations; fourth location in Port St . Lucie opened

During the month of June, One Plant Florida averaged sales of 639 ounces of dried cannabis flower per store, and 1,523,591 mg of distillate/ oil sold per store. That positioned One Plant Florida second in ounces of dried flower sold per store when compared against all other Medical Marijuana Treatment Centers (MMTCs) in Florida, and third in mg of THC sold per store when compared against all MMTCs in Florida, in each case, according to information gathered by the Florida Office of Medical Marijuana Use.1 One Plant Florida has achieved these numbers utilizing only product grown and processed at its current facility in Ruskin, Florida. One Plant Florida expects to increase its supply of flower (as much as four times the current amount of production) when its Indiantown greenhouse facility becomes its primary production location in early August.

THC Sold ( mg )/ average oz sold per store compared to competitors, June 2020:2

Trulieve: 4,750,395 mg of THC sold / 1,596 oz of dried flower sold per dispensary, number one in average ounces of flower sold per store
One Plant Florida: 1,523,591 mg of THC sold/ 639 oz of dried flower sold per dispensary, number two in average ounces of flower sold per store
GrowHealthy: 806,310 mg of THC sold/ 504 oz of dried flower sold per dispensary, number six in average ounces of flower sold per store
Liberty Health Sciences: 965,723 mg of THC sold/ 421oz of dried flower sold per dispensary, number five in average ounces of flower sold per store
Curaleaf: 4,464,668 mg of THC sold/ 414 oz of dried flower sold per dispensary, number three in average ounces of flower sold per store
Harvest: 562,950 mg of THC sold/ 375 oz of dried flower sold per dispensary, number seven in average ounces of flower sold per store
Fluent: 1,160,630 mg of THC sold/ 255 oz of dried flower sold per dispensary, number four in average ounces of flower sold per store

Looking To The Future

One Plant Florida intends to open its fifth retail dispensary location and delivery hub in Ocala, Florida no later than July 31, 2020, pending the receipt of all required regulatory approvals from the Florida Office of Medical Marijuana Use.

Additionally, One Plant Florida expects that premium dried cannabis flower taken from the first harvest at its Nexus greenhouse facility will arrive at its existing retail locations and delivery hubs by the end of August 6, 2020. One Plant Florida anticipates that the Indiantown greenhouse facility will provide up to 1,300 pounds of premium dried cannabis flower per month for its retail and delivery hub locations, an increase of four times its current supply.

Market Outlook

The global cannabis - Cannabinoid market reportedly reached $13.4 Billion in 2018, and it is expected to reach even greater heights in the near future… in fact the market is expected to grow at a CAGR of 22.9% during 2019-2024, reaching a value of US$ 44.4 Billion by 2024, according to a research report by IMARC Group. It "what's old is new again" given the fact that historically, cannabis has been used medicinally for years in ancient Indian, Chinese, Egyptian and Islamic cultures. Nowadays, cannabis finds application in the treatment of a wide range of diseases and symptoms including cancer, chronic pain, depression, arthritis, diabetes, glaucoma, migraines, epilepsy, MS , AIDS, ALS, Alzheimer's, PTSD, Parkinson's, Tourette's, etc. Owing to its therapeutic benefits, cannabis has been approved for medical use in numerous countries, with varying degrees of legal restriction.

Technical Analysis

BMWLF Could See A Major Bounce Here

Shares of BMWLF closed the session down twenty percent, creating an incredible "buy the dip" opportunity!

We've done our very own technical analysis , and see the potential for an over +25% move from here.

Bullish Indicators:

Stock has bounced once again off Fibonacci support level , setting up a bounce to upper trend-line resistance.
With its relatively thin float, BMWLF could rally hard and fast.

Those on the hunt for big moves need not look any further than BMWLF.

The Bottom Line

With its low-float, BMWLF is a day traders dream come true.

The Company is in midst of a huge growth period, with nearly one million in revenues in the month of June.

CBD is there to stay!

Chicago-based market research firm, High Yield Insights, says that by 2025, the CBD market could surpass $23.6 billion, which is a 22.2 percent growth rate. Also according to High Yield Insights, "roughly 40 percent of U.S. adults age 21 and over indicated a willingness to explore CBD under the right conditions."

This could easily be our next trade idea to double in price, so we suggest you start your research now, and add it to the top of your watchlist immediately.By Viewing this Content, you Agree that you Have Read and are in Full Understanding of both our Disclaimer & Privacy Policy(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.)

Best Regards

Bluma Wellness/One Plant
Sales and financial highlights from the month of June 2020: Revenue: $814,000.00 Avg. Ounces of Dried Cannabis Flower Sold Per Retail Location: 639 oz Gross Price Per Pound: $6,667.00 Ounces of Dried Cannabis Flower Sold: 2,190 oz** Milligrams (mg) of tetrahydrocannabinol (THC) Sold: 5,670,500 mg* ** *estimate due to THC var. per batch, 419 mg dispensed per cart
**sales figure based on three retail locations; fourth location in Port St. Lucie opened June 26 During the month of June,

One Plant Florida averaged sales of 639 ounces of dried cannabis flower per store, and 1,523,591 mg of distillate/oil sold per store. That positioned One Plant Florida second in ounces of dried flower sold per store when compared against all other Medical Marijuana Treatment Centers (MMTCs) in Florida, and third in mg of THC sold per store when compared against all MMTCs in Florida, in each case, according to information gathered by the Florida Office of Medical Marijuana Use.1 One Plant Florida has achieved these numbers utilizing only product grown and processed at its current facility in Ruskin, Florida.
One Plant Florida expects to increase its supply of flower (as much as four times the current amount of production) when its Indiantown greenhouse facility becomes its primary production location in early August. THC Sold (mg)/ average oz sold per store compared to competitors, June 2020:2

Trulieve: 4,750,395 mg of THC sold / 1,596 oz of dried flower sold per dispensary, number one in average ounces of flower sold per store

One Plant Florida: 1,523,591 mg of THC sold/ 639 oz of dried flower sold per dispensary, number two in average ounces of flower sold per store

GrowHealthy: 806,310 mg of THC sold/ 504 oz of dried flower sold per dispensary, number six in average ounces of flower sold per store

Liberty Health Sciences: 965,723 mg of THC sold/ 421oz of dried flower sold per dispensary, number five in average ounces of flower sold per store

Curaleaf: 4,464,668 mg of THC sold/ 414 oz of dried flower sold per dispensary, number three in average ounces of flower sold per store

Harvest: 562,950 mg of THC sold/ 375 oz of dried flower sold per dispensary, number seven in average ounces of flower sold per store

Fluent: 1,160,630 mg of THC sold/ 255 oz of dried flower sold per dispensary, number four in average ounces of flower sold per store

Looking Ahead (July 2020) One Plant Florida intends to open its fifth retail dispensary location and delivery hub in Ocala, Florida no later than July 31, 2020, pending the receipt of all required regulatory approvals from the Florida Office of Medical Marijuana Use. Additionally, One Plant Florida expects that premium dried cannabis flower taken from the first harvest at its Nexus greenhouse facility will arrive at its existing retail locations and delivery hubs by the end of August 6, 2020. One Plant Florida anticipates that the Indiantown greenhouse facility will provide up to 1,300 pounds of premium dried cannabis flower per month for its retail and delivery hub locations, an increase of four times its current supply.