Still won't mean much in the overall scope of mj regulation.Current group of senators and prez simply won't back it at this time.Maybe next year when they are fighting for their political lives they'll throw the people a bone to try and win their campaigns.

Now that one takes me waaaaay back to my younger,wilder,care free days.

Gotta be on somebody's payroll to have that kind of dedication,IMHO of course.

WOW ,DP must be moonlighting at ACB,CGC and a thousand other companies whose stock has taken a beating over the course of the year.Cuz yeah, it's all his fault that the mj market in general is getting killed.Thanks so much for the great insight.

Terra Tech Corp on track as net loss narrows and gross margins expand

Net Loss dropped 6.5 million for the 6 months ending June 2019 from the same period in 2018.

Gross Margins for the same period were over 50% - a double digit increase.

AND the last Tranche of financed capital is done.

As well it shouldn't hurt marijuana legalization support.Notice how it's not the REAL mj that's an issue,it's the BS man-made crap that's causing problems.CHEMICALS = BAD.Just smoke the real thing or bake it into edibles and we'll all be OK.

" LPR's lies by way of Anson Funds, Fuzzy Panda's short attack and various paid for hit pieces, false claims and scurrilous law suits from disreputable persons."-----I'd say why would they go to all that trouble trying to destroy TRTC? Unless TRTC is a truly legit cannabis company that threatens something different that the hitmen are involved in,imo.

That was THE LAST TRANCHE on a deal that was put in place 2 years ago.Eight 5 mil tranches done quarterly.THIS WAS THE FINAL ONE.Hope that clears that up,for those who are truly interested in the facts.

I shouldn't even waste my time replying to such nonsense BUT what you say-"Lots of solid MJ stocks out there holding strong"--is simply a jokingly un-true statement.Most of what were the alleged "solid " mj companies have seen large declines in share price in recent months.You can probably count on one hand the companies that have held firm in their share prices recently--even if you don't have all of your fingers.

So I saw someone post a statement,perhaps it was Inspector Clouseau --"Then its clear that the Cannabis sector has failed IMHO"--So, the "sector failed"-I guess I missed the memo-does that mean that everybody stopped smoking MJ in the past few weeks?Have the states rights clauses been rebuked? Is that why TRTC AND A HUNDRED OTHER COMPANIES have seen their stock prices go on the big slide down? I think not.

Yeah,let's hope so.Whole sector looking pretty bloody so far, this week.TRTC actually holding up fairly well compared to a lot of others.THAT'S a good thing.

Historic day: US House passes cannabis banking bill with strong bipartisan support

Published 13 hours ago | By Jeff Smith

In a landmark move, U.S. House lawmakers on Wednesday approved overwhelmingly by a 321-103 vote legislation that would pave the way for financial institutions and insurance companies to serve state-legal marijuana businesses without fear of federal reprisal.

Ninety-one Republicans voted for the measure, in a showing of strong bipartisan support.

The bill – the first piece of cannabis legislation passed by either the full House or Senate – needed a two-thirds majority of those present and voting.

For years, state-legal cannabis businesses have struggled to gain access to traditional financial services and products, hampering their operations and growth, and creating a significant public safety risk in what is now a multibillion-dollar-a-year industry.

While Wednesday’s vote is a huge historic step for the marijuana industry, this move alone isn’t expected to substantially change MJ businesses’ financial situations as they relate to banking – unless the Republican-controlled Senate follows suit.

Senate approval is expected to prove a higher hurdle, although Senate Banking Chair Michael Crapo, an Idaho Republican, recently said he is committed to having his committee vote on a cannabis banking measure. The strong Republican vote in the House bill also may bode well.

Marijuana industry reactions

“We applaud the House for approving this bipartisan solution to the cannabis banking problem, and we hope the Senate will move quickly to do the same,” Neal Levine, CEO of the Cannabis Trade Federation, which lobbied in support of the bill, said in a statement.

“Allowing lawful cannabis companies to access commercial banking services and end their reliance on cash will greatly improve public safety, increase transparency and promote regulatory compliance.”

The House vote alone may encourage smaller financial institutions to serve the cannabis industry, Morgan Fox, media relations director of the National Cannabis Industry Association (NCIA), wrote in an email to Marijuana Business Daily this week.

But approval in one chamber of Congress likely doesn’t provide the assurances that larger risk-averse banks require, he noted.

Support from bankers’ association

A number of banking organizations, most notably the American Bankers Association (ABA), have been in strong support of cannabis banking reform.

But the ABA also has been clear that explicit protection and guidance is needed from federal banking regulators so financial institutions don’t run the risk of being punished under federal laws, such as money-laundering statutes.

MJ industry looks to move beyond mostly cash operations

The vote marked the culmination of a six-year effort by a group of lawmakers led by U.S. Rep. Ed Perlmutter, a Colorado Democrat, to push for cannabis banking reform.

Over time, politicians, prosecutors and financial industry associations increasingly advocated for reform, recognizing that the mostly cash industry not only poses public safety risks but also increases the likelihood for financial crimes.

Major industry associations – the Cannabis Trade Federation, the National Cannabis Industry Association and the National Cannabis Roundtable – all lobbied hard in recent months to assure Wednesday’s passage.

Provisions and moving forward

The amended bill includes provisions aimed at making financial institutions more comfortable serving the now-legal hemp and hemp-derived CBD markets.

Some civil rights groups wanted Congress to address comprehensive reform with social justice provisions first, rather than cannabis banking, which is seen as mostly an issue benefiting the marijuana industry.

But strategists saw cannabis banking reform as an easier victory, and one that can build the momentum for more comprehensive reform.

David Mangone, policy director for The Liaison Group, a federal cannabis lobbying group, noted that passage of cannabis banking reform will help individuals and communities that were victims of the war on drugs.

“Having access to traditional banking services goes a long way toward addressing those wrongs,” he said.

Steven Hawkins, executive director of the Marijuana Policy Project, concurred in a statement, noting that the legislation will help “provide resources for those with limited access to capital and increase the chances of success for state-level social equity initiatives.”

Matt Markiewicz, managing director of The Cannabis ETF, a cannabis exchange-traded fund, said in a statement Wednesday that cannabis banking reform, if it passes both congressional chambers, would represent a “transformational event” for the industry in terms of expanding access to much needed capital.

“However, from what I am hearing, full-blown capital markets access may have to wait for passage of more comprehensive legislation,” he wrote.

Meanwhile, Rep. Jerrold Nadler, a Democrat from New York and the chair of the House Judiciary panel, said he is committed to working to advance his comprehensive marijuana bill that includes social and criminal justice provisions.

Nadler made the statement on Tuesday in advance of the vote on the SAFE Banking Act.

He recently introduced the sweeping reform bill dubbed the Marijuana Opportunity Reinvestment and Expungement (MORE) Act of 2019 that would legalize marijuana nationally.

EXCELLENT BP,thanks for that post.You are the Master of Reality when it comes to counter-punching the nonsense posted by Skeletor and the gang.Great facts trump a hazy story each and every time.

Thanks CF.This place could use a little dose of humor on occasion.What with all the dark clouds and conspiracies being floated about by certain crew members day in day out.Last I knew ,mj is STILL NOT FEDERALLY LEGAL.Thus the stagnation of the US industry,it really IS that simple.Canada way over valued for the most part and we've been seeing a major correction on those darlings.TRTC keeps on chugging along.I'm all in for the long haul and I believe TRTC will be standing tall when all the orange smoke clears and the voters DEMAND fed legalization.I'd almost bet the current occupant of the WH gets it done before HIS next election,just to give him a win to brag about.We keep inching in the right direction.In the meantime with TRTC, we may trade some when we have to,and hold on tight with the big cache for the right time .Cheers.

Just got back from the area 51 raid in Nevada.Witnessed a super large grow op staffed by other-worldly beings,said to owned and operated by Terra-Tech ceo Derek Peterson.Growing tons of weed that is REALLY "out of this world".Also witnessed a small side room with one very large alien with multiple arms,jacked-up on energy drinks, furiously typing away anti-TRTC rants to be placed on message boards.A very scary place indeed.Thankfully I escaped unscathed.Looks to me like TRTC is on their way to profitability in the near future.J-M-H-O of course.

A 2 year old article,please update your files.And NO, the other article that's 1 1/2 years old doesn't qualify as an update.Did I hear that Nixon resigned?? Any updates?

And if it breaks .50 it could go to a buck in a heartbeat.BOOOM

Can you smell that delightful aroma? TRTC is slowly percolating like a fresh ground,dark roast pot of fine java.Wake up and smell the coffee,playa'z.Couldn't resist the urge to grab some more TRTC this morning.Summers drawing to a close,politicians are warming up even more to the legalization effort.Even Cheeto Jesus-ya know,the chosen one LOL--is muttering about legalization while doddering around in his slippers and robe.TRTC is starting to PERK UP.

My tickets are bought and I'm looking forward to the exciting conclusion of how TRTC conquers the American mj market.Stay tuned..........

Sector is a nasty shade of blood red for a whole bunch of the "big boys".But NOT for TRTC.Lovely shade of green,if one can IMAGINE THAT.Look at the haircut on some of those-cgc,acb,acrg--OUCH.

TRTC stock getting ready to pop as we approach the end of summer doldrums.Imagine if you will that I claim to own zero shares of TRTC stock and think the company sucks.Imagine that I spend a large part of my waking hours posting on a TRTC message board,intently trying to discourage folks and drive down the price of said TRTC stock,even though I hold no interest in the company whatsoever.Imagine I repeat ridiculous little stories that I make up over and over again to place doubts about TRTC in peoples brains.Imagine what folks would call me... I would probably refer to myself as a bit of a lunatic.Sure glad I'm not that way.

I saw that article.That is simply a ridiculous unreachable dollar amount to spend monthly imo,unless he's got a couple hundred "friends".Of course I doubt that math is one of Mikey's better subjects.Probably it's one of his "posse" members that just tells him that figure.Or tells him weed cost's 20K per ounce.Yeah TRTC needs him as a customer for sure.

TRTC and other USA mj plays might be coming back into vogue.I believe you've said it before BidnessMan,with the economy now teetering on the brink of another recession,perhaps the "sin stocks" will finally start moving upward.TRTC may benefit from the economic screwing of the country by our beloved Cheeto Jesus in DC.Summer doldrums soon over,TRTC soon to move upward.

Historical Short Volume Data for TRTC
Date Close High Low Volume Short Volume % of Vol Shorted
Aug 07 NA NA NA 655,865 195,973 29.88
Aug 06 NA NA NA 388,437 208,756 53.74
Aug 05 NA NA NA 1,567,257 381,154 24.32
Aug 02 NA NA NA 1,707,635 330,009 19.33
Aug 01 NA NA NA 250,743 120,802 48.18
Jul 31 NA NA NA 557,953 170,304 30.52
Jul 30 NA NA NA 335,235 212,260 63.32
Jul 29 NA NA NA 301,005 156,579 52.02
Jul 26 NA NA NA 637,168 330,423 51.86
Jul 25 NA NA NA 524,934 352,195 67.09
Jul 24 NA NA NA 1,502,903 773,293 51.45
Jul 23 NA NA NA 672,397 287,380 42.74
Jul 22 NA NA NA 674,575 316,467 46.91
Jul 19 NA NA NA 1,682,163 976,311 58.04
Jul 18 NA NA NA 1,486,556 613,480 41.27
Jul 17 NA NA NA 2,263,644 1,119,876 49.47
Jul 16 NA NA NA 1,578,166 636,263 40.32
Jul 15 NA NA NA 669,387 230,760 34.47
Jul 11 NA NA NA 781,941 410,898 52.55
Jul 10 NA NA NA 955,180 404,060 42.30
Jul 09 NA NA NA 513,715 112,093 21.82

This info I lifted off of the chart that you linked.Kinda blows a "BIGLY" hole in the oft stated LIE that nobody is shorting TRTC stock,doesn't it! Looks to me to be QUITE THE OPPOSITE.TRTC stock seems to be a favorite for the "shorties".

For the year 2017.Base salary of 200,000,balance in stock.To that I say BFD

I had to re-post this blast from the (not too distant)past that I posted back in February as a rebuttle to your shady statement,YES IT STILL APPLIES...I see a lot of blather about TRTC losses overall.Yet when you look at the Canadian "darlings" who are carrying un-fathomable market caps,they are also posting HUGE losses.And that's in a legal CA market.A couple of quotes--"The obvious thing to loathe about Aurora Cannabis' latest results was the company's big net loss of CA$237.8 million."--"On the surface, Canopy Growth's earnings of CA$74.9 million might seem like something for investors to celebrate. There was more to the story, though. Canopy actually had an operating loss of CA$157.2 million."--From a "Fool" article https://www.fool.com/investing/2019/02/19/aurora-cannabis-and-canopy-growth-earnings-updates.aspx --- TRTC is doing the best they can can in this quasi-legal quagmire of regs and banking in which we currently exist.FED LEGALIZATION is the lynch pin which will make the US market,INCLUDING TRTC skyrocket.We get closer everyday.Finally have loads of political support and almost daily discussion in DC for legalization.All IMHO, of course. ------------Vote out the repressive "CONservatives"and we will achieve fed legalization.Conservatives-They are "conning" you into "serving" them.

Great,thanks for that.Now the jokers who claim IVXX doesn't exist can please STFU.

Thanks for posting that

Appreciate the response,thanks.

Just curious Djdjdjdj, are there any actual IVXX products on the shelves at those dispo's?Some jokers keep claiming they don't exist.What's your first hand knowledge say???

I hear ya and I'm with ya.Can't waste time looking day to day.BIG PICTURE is what it's all about.

I'd like to buy what you're selling,but we seem to be swimming in molasses right now.The past several weeks I keep reading posts about "cup and handles","golden crosses", and "tight bollinger bands".Yet here we sit in the same old divot.Maybe just the summer doldrums in this market.Sure would like to see some type of forward movement on VATE.I know, I know--it's coming.Holding and waiting..............Cheers.

Hell Bid, I've known that for decades :) :) :)

Well I'd say moderation is the key.Same as booze,moderation is OK but over-indulgence will cause a whole bunch of health issues.Lots of foods can be looked at the same way,also.MODERATION in all things.

Done,thanks for the link BidnessMan.Don't be shy folks,send this to your reps (even though mine,Chris Collins,is also a criminal-ALLEGEDLY).Don't panic when it says to "write your letter",just click on it and it's already written.The time is NOW people to GIT-ER-DUNN.

Derek Peterson, CEO of Terra Tech, commented, "Our Blüm dispensary in Reno has provided cannabis products to the local medical market since January 2017. Since Nevada legalized adult use cannabis we have seen even stronger sales at Blüm, Reno and we are pleased to now have complete ownership and control over the dispensary as we continue to execute against our growth strategy for this location. We are also ramping cultivation and production of our premium IVXX™ cannabis products at our Sparks and Reno facilities; these IVXX products are sold at both our Blüm dispensaries as well as third party dispensaries across Nevada."-----------For all the jokers claiming there are no IVXX products,read the above in red.

Maybe Derek and TRTC should try to partner up with the soybean farmers who now have no Chinese market to sell their goods.They could start growing marijuana instead,rather than getting MY gov't tax dollars to subsidize their lost income.Thank you,tariffs.

A voice of sanity and reason in a sea of nonsense.Keeping it real,BidnessMan.

Well at least the mj being sold in the U.S.these days IS mainly being made in America ,so prices should stay stable while the rest of our economy tanks.Meanwhile prices on everything else will be rising rapidly this year putting the squeeze on middle America.Everyone bow down at the altar and give a big thank you to "Cheeto Jesus" and his "Big Con".

Exclusive: US retail marijuana sales on pace to rise 35% in 2019 and near $30 billion by 2023---https://mjbizdaily.com/exclusive-us-retail-marijuana-sales-on-pace-to-rise-35-in-2019-and-near-30-billion-by-2023/?utm_medium=email&utm_source=mjbiz_daily&utm_campaign=MJD_20190530_NEWS_Daily%20_05302019 ----- ABSOLUTELY ASSININE that mj is not legal in the USA.Come on Mr. Conman-in-chief,do something good for once in your life and LEGALIZE IT!