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So the buy back is still on just so you all are aware the proceeds have yet to be received
Wow.....
Huge news
Under a section of current federal law known as 280E, marijuana growers, processors and sellers are unable to deduct expenses from their taxes that businesses in any other sector would be able to write off. Until now, California policy simply mirrored the federal approach.
But under AB 37, the state tax code will depart from Internal Revenue Service policy when it comes to 280E, allowing licensed state cannabis firms to take deductions just like other business.
Alright time to let off some steam lol
Guys and gals
So obviously the sp is terrible and we understand variably why lawsuits, laws, questionable panda.
However facts speak louder than sp it will eventually follow even with the bs 6.2 M share thing I saw the other day. And the facts are those stores were not fairy tale stores, I smoked, drank, chewed, and sucked on all the products there lmao and I have a bag and water bottle and pens and shirt I still use. So this month the money should be coming from the stores at which I bought shit that are now someone else’s. So the facts are 20 Ms can be used depending on how much we need to buy to get the sp back to reasonable levels according to them. With this low of a market cap and 20 million to buy shares. When we’re “run rate” of 63 million and we should be trading at ten times earnings at least. So 630 M market cap if crazy right now but look at Netflix P/E it’s definitely possible.
So not to worry, the market eventually follows facts and 20 M can boost the Sp dramatically if people keep selling this low and we come through on the buy back and build outs shortly
Huge step imo
As a young minority I have all the hope in the world my generation is gonna change shit up in the next few years
Alright well it’s a step in the right direction that is for sure thanks
What does rules suspended mean
I enjoy posting day and night to talk about this brilliant idea of legalization and making money on it win win for everyone in the world there’s no better thing we could do legally besides animal factory stopping but that’s another topic that gaining momentum
We all know there’s serious money to be made in this industry probably all smoke and have aoldnit at times and that’s why we r here it’s easy legal way to pursue this money tree TRTC has a great foothold and the money to outlast this stupid down market big money is to be made the buy back is the greatest plan/idea that TRTC has had in a long time and its way overdue not saying the grow ops aren’t the best ideas but were bobbing and weaving right now honestly federal prohibition may end in a year or two and it would suck if Walmart started carrying weed and we didn’t have delivery or manufacturing skating to where the puck is but we haven’t gotten to the puck yet but you better believe we are skating and closing in on it every day that passes imo
The buy back language is typical Microsoft used it too the other day
NEW: New York Gov. Andrew Cuomo just announced plans to meet with governors of Connecticut & New Jersey to formulate regional marijuana legalization plans
“For one state to do it, it makes no sense if the neighboring state has a totally different policy"
They aren’t borrowing
Safe vote Wednesday
Me too
Let’s go baby ! Have a great week trtc I know how much good stuff is coming any day let’s see who else knows ... big buys coming !
Sale is ending
Yeah it’s all over DP’s fb and ig !!! I’ve been to Reef dispensary in Vegas lines were out the door !!!
Partnership with Matthew Morgan announcements coming soon. DP is the Man !
A little bit about Matthew
Hailing from Missoula, Montana, Morgan had plans of becoming an electrician (in between working shifts at the local RV dealership). As time passed, it was apparent that neither of these “jobs” would satisfy his entrepreneurial mind and desire to build something bigger than himself. So, he got into real estate, where he excelled until the recession put a halt to his business model. Shortly after, Morgan decided to combine his knowledge of farming — with a passion for being his own boss — and make his move in the new gold rush: cannabis.In just ten months, his first-ever cannabis endeavor grew from a single plant to a 15,000-square-foot operation, making it one of the largest in Montana. Soon after, Morgan was met with a legal obstacle: the state legislature forced Morgan to shut down his budding empire. Down, but never out, Morgan was immediately on the lookout for his next opportunity and he moved to Arizona to make it a reality. With some local connections, he was able to acquire one of only 131 marijuana business licenses in the state, allowing him to open a chain of hydroponic stores. After learning how to successfully operate in his new state, Morgan and a business partner started Bloom Dispensaries. In less than a year, Bloom had more than 100 employees and was garnering north of $1 million in sales each month. Morgan then moved on from Bloom to start Reef Dispensaries and Tryke Industries with a new investment team and aggressive growth strategy. Under his experienced leadership as CEO, Reef grew to six retail locations, two manufacturing plants, two laboratories, and more than 400 employees. Morgan went on to partner with well-known moguls to co- found Ignite Cannabis Co. and Green Axis Capital Corporation. Today, Morgan is working as a consultant and serving as the CEO of OneQor
Best post
Yeah people making their own beer really slowed down the alcohol industry you’re so right
They will be
My man Nahass ! He knows what’s gonna happen here
Don’t forget about the hydro farm investment paying off
This is an awesome post
Stair steps looking good
Shorts r working hard here today! Lmao funny how Longs are finally relaxed. $20,000,000 baby
$20,000,000
Here’s some studying for you https://www.investopedia.com/articles/02/041702.asp
Haven’t been following ?
36 Ms from selling off underperforming dispensaries
Other strategic investments like hydro farm for some Ms
And let’s not forget they are open for business with flower on the shelves they are growing.
Business is blooming ! And delivery sales in CA are going to help make this the best Q yet for revenue
Black market going down !
Laws getting passed !
Stock going up !
Sike
$TRTC ANNOUNCED A $20,000,000 share buyback program !
$TRTC ANNOUNCED A $20,000,000 stock buyback program
No financing this time. Cold hard cash. Nice to see you here
Yeah right bro u have no idea how hard this company has worked to be in this position
Yahoo is getting lit up by the haters
They care about their net worth for many reasons, deals can be made easier when your stock is worth something. This is the best way to return value to shareholders
NuLead production baby! To the Moon !!! Keep buying DP !!!!
$5 by next summer