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Two Rivers Water and Farming Co. (TURV)

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Last Post: 7/19/2017 10:02:12 AM - Followers: 36 - Board type: Free - Posts Today: 0




In 2014, we formed our subsidiary, GrowCo, Inc. (“GrowCo”).  GrowCo’s focus is to become the number one provider of greenhouses, related infrastructure, and services to growers of cannabis, in states where such activity is legal.  At this time, GrowCo does not “touch the plant”.   In 2015, our first greenhouse was constructed and partially finished.  Our initialtenant, Suncanna, began paying rent for the entire first greenhouse and warehouse effective September 1, 2015 and began partial occupancy in October2015.  Subsequently, in 2016 Suncanna was evicted and all accrued rent was written off.  In 2016 we entered into lease agreements with a related party,Johnny Cannaseed, for our first two greenhouses.  The first greenhouse was 50% occupied on December 1, 2016 and rent began to accrue as of that date.  The second half of the greenhouse began to accrue rent on March 2, 2017.  We expect the second greenhouse to be completed by mid-2017 and be occupied and accrue rent at that time.

Lease revenue is recognized monthly at the end of each month.  Total lease payments under the 120-month lease agreement for 50% of the GCP1 greenhouse, which are $21,433,000, is divided by the lease term.  Therefore, the average lease rate per month is $179,000 for one half of the total greenhouse. This spreads the total amount of the lease payment stream over the life of the lease.  Total expected monthly revenue from greenhouse leasing, once the 2nd one is completed in mid-2017, is $716,000 (or $8,592,000 annualy). 

http://vintagevalueinvesting.com/how-to-invest-in-water-like-michael-burry-from-the-big-short/

http://www.2riverswater.com
 
 
 
 
 
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TURV News: Current Report Filing (8-k) 07/20/2017 03:03:19 PM
TURV News: Current Report Filing (8-k) 07/12/2017 04:37:02 PM
TURV News: Statement of Changes in Beneficial Ownership (4) 06/07/2017 06:02:35 PM
TURV News: Quarterly Report (10-q) 05/15/2017 12:08:34 PM
TURV News: Statement of Changes in Beneficial Ownership (4) 05/11/2017 05:03:05 PM
News News Alert: Current Report Filing (8-k) 07/20/2017 03:03:19 PM
PostSubject
#727  Sticky Note Sign up for the TURV and GrowCo email lewsogge 07/19/17 10:02:12 AM
#727   Sign up for the TURV and GrowCo email lewsogge 07/19/17 10:02:12 AM
#726   $TURV Tenant Related updates: McGrow Investor Update List mc67 07/19/17 07:38:45 AM
#725   Thank you! I've been missing out lol... lewsogge 07/18/17 05:48:10 PM
#724   Yes...you MUST sign up on the website to tigerpac 07/18/17 03:47:52 PM
#723   Still not seeing it... was it an email update? lewsogge 07/18/17 03:45:47 PM
#722   http://www.2riverswater.com/ tigerpac 07/18/17 03:20:24 PM
#721   Not seeing it anywhere, got a link? lewsogge 07/18/17 03:16:18 PM
#720   sign on to the newsletter at the TURV website tigerpac 07/18/17 01:32:04 PM
#719   Link? lewsogge 07/18/17 12:05:12 PM
#718   Looks like dispensaries are loving GrowCo's greenhouse pot tigerpac 07/17/17 01:20:35 PM
#717   $MJ Congress is taking marijuana issues more seriously mc67 07/17/17 01:03:44 PM
#716   $MJ Monthly marijuana sales of $100 million the mc67 07/16/17 07:58:54 AM
#715   Not a good sign that two bits is falling. tigerpac 07/14/17 11:16:28 AM
#714   I don't seem to recall in prior filings tigerpac 07/13/17 10:04:37 AM
#713   Bid/ask spread tightest its been in forever on lewsogge 07/12/17 02:51:55 PM
#712   Saw a 911 order come through on L2 lewsogge 07/12/17 10:57:29 AM
#711   Great great news! lewsogge 07/12/17 10:19:24 AM
#710   $TURV Two Rivers' Affiliate Begins Rent Collection From mc67 07/12/17 09:57:23 AM
#709   http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsm lewsogge 07/12/17 09:40:32 AM
#708   I'm hoping to see a PR with update lewsogge 07/10/17 03:05:25 PM
#707   any updates ????? 'Two Rivers Water and Farming mick 07/10/17 01:13:00 PM
#706   Added large amount of shares at .255 . tigerpac 07/10/17 10:38:27 AM
#705   Two Rivers Water & F (TURV) mick 07/09/17 10:27:14 AM
#704   Strong bid support looking good for a continued lewsogge 07/07/17 10:51:06 AM
#703   All this good news and the stock keeps tigerpac 07/06/17 12:27:03 PM
#702   Just threw in a couple grand and bought lewsogge 07/06/17 10:30:20 AM
#701   $TURV Tenant Related updates: McGrow Investor Update List mc67 06/27/17 03:42:11 PM
#700   $MJ Op-Ed: Drug-Ring Bust Is Proof the Legalization mc67 06/25/17 12:47:15 PM
#699   $TURV The leaves are still drying.. website and mc67 06/22/17 04:10:07 PM
#698   $MJ Senators Press Legislation to End DEA 'Meddling' mc67 06/22/17 04:08:55 PM
#697   No bump from Growco MJ sales. This stock lnghold 06/15/17 04:57:49 PM
#696   $MJ Colorado Governor Signs Two Bills Aimed at mc67 06/15/17 07:32:47 AM
#695   $MJ Colorado Governor Signs PTSD Cannabis Bill Into mc67 06/09/17 02:08:25 AM
#694   $MJ How Veterans Are Helping Advance Marijuana-PTSD Research mc67 06/07/17 12:18:16 AM
#693   $MJ Medical marijuana could help vets: VA secretary http://nydn.us/2rVfVFX mc67 06/07/17 12:15:07 AM
#692   $MJ DOJ’s Mysterious Marijuana Subcommittee https://www.usnews.com/news/articles mc67 06/07/17 12:07:54 AM
#691   $TURV Informational Updates will be sent out mc67 06/05/17 07:23:27 PM
#690   $MJ Perspective / Will VA chief be voice mc67 06/05/17 07:32:15 AM
#689   $MJ American Legion Again Urges Trump to Reschedule mc67 06/04/17 07:21:20 PM
#688   $MJ USA Marijuana: A Changing Legal and mc67 06/02/17 08:10:11 PM
#687   $MJ Cannabis Legalization Could Help Medicare / 420 mc67 06/02/17 06:14:55 PM
#686   $MJ Billion-Dollar Fund Manager Targets Cannabis via @forbes http://www.forbes.c mc67 06/01/17 06:03:45 PM
#685   $MJ New Study Reveals Why Cannabis is Still mc67 06/01/17 03:26:33 PM
#684   $TURV Related: Informational Update mc67 06/01/17 02:39:57 PM
#683   http://mailchi.mp/87088b17bbc1/member-update-198687?e=143ff47640 Stock_Dog 05/30/17 07:54:37 PM
#682   Newby question: So who now owns the land, lnghold 05/23/17 02:08:28 PM
#681   The farming business was sold to someone outside tigerpac 05/18/17 05:18:40 PM
#680   $TURV Cucharas Reservoir Filling Up Investor Update 05/18/17 mc67 05/18/17 03:21:26 PM
#679   If they sold the farming business (to one 222 05/18/17 11:33:08 AM
#678   $MJ Report: Total Marijuana Demand Tops Ice Cream mc67 05/17/17 06:27:14 PM
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