Blum Holdings Inc (BLMH)

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ALAN BROCHSTEIN'S from Seeking Alpha

ALAN BROCHSTEIN'S
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Status Update
Terra Tech (TRTC) is out with a press release: http://finance.yahoo.com/news/terra-tech-issues-corporate-full-203045069.html

One highlight is that revenues for the year are expected to be $2mm. This seems consistent with Q2 results, when sales were $665K. This is mainly coming from Edible Garden. It also points to the need for additional funding of just $1.2mm to complete the NJ project, which is 85% complete. CEO Peterson again reiterated the potential of $10mm in sales next year from this facility. Finally, there is some discussion of entering certain markets to grow cannabis and industrial hemp - this would be a game-changer for TRTC.

Posted on Oct. 15, 2013, 4:58 p.m.