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Read Congress’s New H.R. 420 Marijuana Bill:
https://www.marijuanamoment.net/read-congresss-new-h-r-420-marijuana-bill/
New Congressional Cannabis Caucus Takes Shape:
https://www.marijuanamoment.net/new-congressional-cannabis-caucus-takes-shape/
"The Withering of the Canadian Rose
The STATES Act may allow the U.S. industry to thrive, but that in turn may take some of the bloom off of the Canadian cannabis market. As soon as the bill is passed, the mere notion of investing through Canada to access the U.S. market will be folly. At best, it will be massively inefficient. At worst, it will be incredibly unintelligent. It makes no sense to pump money into Canada when there is a much larger and healthier market right next door. U.S. companies that had been seeking funding in Canada will pack their bags to return home the moment the STATES Act is signed. The market will forget about niche Canadian stocks once they can invest in several U.S.-based, publicly-listed companies. Remember the U.S. market is ten times larger than Canada. Just four U.S. states — New Jersey, Illinois, Massachusetts and New York — together constitute a bigger market than our northern neighbor. Canadian pot stocks have enjoyed their 15 minutes of fame on our front pages. But they will soon have to get used to the back end of the business section. In time, Canada will be a mere footnote in the global cannabis story" by George Allen:
https://www.newcannabisventures.com/acreage-holdings-president-predicts-states-act-will-tip-the-scales-to-american-cannabis-companies/
"A Big Bang from the STATES Act
Expect the STATES Act to pass, freeing the industry from its financial shackles. The act may only be two pages long, but it will shore up the legal status of cannabis at the state level and finally grant cannabis businesses access to the banking services they desperately need. The illegality of cannabis at the federal level has put much of the financial industry off-limits to businesses operating legally in two-thirds of the states. But most lawmakers agree that the awkward dual legal status of cannabis has gone on too long, and they will vote in 2019 to pass the act to protect U.S. states that elect to legalize cannabis. The bill will not only allow cannabusinesses to bank, but it will also spark a big bang in terms of investment. We will see a frenzy of activity and attention when the first institutional investors join the fray." by George Allen
https://www.newcannabisventures.com/acreage-holdings-president-predicts-states-act-will-tip-the-scales-to-american-cannabis-companies/
Constellation Brands stock sinks 12% after releasing disappointing 2019 outlook:
"Both the company's $4 billion investment in Canopy Growth, a Canadian marijuana company, and forecasted weakness in its wine and spirits business affected its outlook."
https://www.cnbc.com/2019/01/09/constellation-brands-q3-2019-earnings.html
Kamala Harris Calls For Legalizing Marijuana And Ending War On Drugs In New Book:
https://www.marijuanamoment.net/kamala-harris-calls-for-legalizing-marijuana-and-ending-war-on-drugs-in-new-book/
Congresswoman Alexandria Ocasio-Cortez Hires Former Marijuana Lobbyist As Senior Advisor:
https://www.marijuanamoment.net/congresswoman-alexandria-ocasio-cortez-hires-former-marijuana-lobbyist-as-senior-advisor/
MedMen to Sell Some Real Estate Assets to Newly Formed $133 Million Cannabis REIT:
https://www.newcannabisventures.com/medmen-to-sell-some-real-estate-assets-to-newly-formed-133-million-cannabis-reit/
What "their fluff news"?
One Year After Jeff Sessions Rescinded A Federal Marijuana Memo, The Sky Hasn’t Fallen:
https://www.marijuanamoment.net/one-year-after-jeff-sessions-rescinded-a-federal-marijuana-memo-the-sky-hasnt-fallen/
The New Congress Just Started And There’s Already A Bipartisan Marijuana Bill:
https://www.marijuanamoment.net/the-new-congress-just-started-and-theres-already-a-bipartisan-marijuana-bill/
The Government Shutdown Is Preventing Farmers From Growing Hemp:
https://www.marijuanamoment.net/the-government-shutdown-is-preventing-farmers-from-growing-hemp/
If New York OKs recreational marijuana, unions may become big business issue:
https://mjbizdaily.com/new-york-recreational-marijuana-union-workers/
Federal Marijuana Prosecutions Are Dropping In Era Of Legalization, Chief Justice Reports:
https://www.marijuanamoment.net/federal-marijuana-prosecutions-are-dropping-in-era-of-legalization-chief-justice-reports/
Terra Tech Denies Fraud Allegations:
https://www.newcannabisventures.com/terra-tech-denies-fraud-allegations/
Florida fights ruling on medical marijuana law:
https://www.sun-sentinel.com/news/politics/fl-ne-nsf-medical-marijuana-fight-20181226-story.html
Health department attorneys in Florida oppose medical marijuana ruling:
https://mjbizdaily.com/florida-attorneys-medical-marijuana-law/
These States Are Most Likely To Legalize Marijuana In 2019:
https://www.forbes.com/sites/tomangell/2018/12/26/these-states-are-most-likely-to-legalize-marijuana-in-2019/#7df0fe445add
High-Ranking House Democrat Calls On Congress To Decriminalize Marijuana As ‘Next Step’:
https://www.marijuanamoment.net/high-ranking-house-democrat-calls-on-congress-to-decriminalize-marijuana-as-next-step/
Incoming House Rules Chair Signs On To Far-Reaching Marijuana Reform Bill:
https://www.marijuanamoment.net/incoming-house-rules-chair-signs-on-to-far-reaching-marijuana-reform-bill/
Homeland Security Chief’s Job Would Be Easier With Legal Marijuana, GOP Congressman Says:
https://www.marijuanamoment.net/homeland-security-chiefs-job-would-be-easier-with-legal-marijuana-gop-congressman-says/
FDA To Take Steps Toward Allowing CBD Products Following Hemp Legalization:
https://www.marijuanamoment.net/fda-announced-take-steps-allow-businesses-legally-market-cbd-products/
Gladstone Alan David buys 100,000. Common Stock of TRTC on 12/20-07:00/2018
https://ir.terratechcorp.com/all-sec-filings/content/0001477932-18-006096/form4.html
"The report calls for a ban on vertical integration in the marijuana industry and says the current medical cannabis providers should not get preferred treatment when it comes to adult-use licensing".
NY city mayor De Blasio
https://www.marijuanamoment.net/new-york-city-mayor-de-blasio-backs-marijuana-legalization-days-after-governor-cuomo-does-so/
New York City Mayor De Blasio Backs Marijuana Legalization, Days After Governor Cuomo Does So:
https://www.marijuanamoment.net/new-york-city-mayor-de-blasio-backs-marijuana-legalization-days-after-governor-cuomo-does-so/
New York City Mayor De Blasio Backs Marijuana Legalization, Days After Governor Cuomo Does So:
https://www.marijuanamoment.net/new-york-city-mayor-de-blasio-backs-marijuana-legalization-days-after-governor-cuomo-does-so/
Cory Booker Jokes About Sending Marijuana Brownies To Lindsey Graham:
https://www.marijuanamoment.net/cory-booker-jokes-about-sending-marijuana-brownies-to-lindsey-graham/
Congressional Democrats Release Report On Marijuana Legalization’s Economic Benefits:
https://www.marijuanamoment.net/congressional-democrats-release-report-on-marijuana-legalizations-economic-benefits/
Terra Tech Denies Fraud Allegations:
https://www.newcannabisventures.com/terra-tech-denies-fraud-allegations/
Terra Tech Chairman and CEO, Derek Peterson, issued the following statement in response to the lawsuit:
“Far from the image portrayed in recent interviews, Heidi Loeb Hegerich is in fact a wealthy, sophisticated investor with a history of disputes with business partners. Ms. Hegerich was married to David Loeb, one of the founders of Countrywide Mortgage. She has described herself as a business executive, real estate developer and self-described ‘mistress to the rich and famous.’ We reaffirm our commitment to our shareholders to correct any misleading and inaccurate reports and remain committed to providing accurate information to our investors.”
Ms. Hegerich’s lawsuit and recent interviews are an attempt to manipulate Terra Tech into paying money she is not owed. The real victims here are the 120,000+ Terra Tech shareholders who may have suffered losses from their investment in the Company as a result of her spurious accusations.
As Ms. Hegerich is well-aware, her allegations ignore the significant investment and expertise required to obtain a license and build out a retail facility. In fact, Terra Tech actually funded over 2.9 times the amount invested by Ms. Hegerich, including buying all of the product inventory to open the location and carrying operating losses until the opening of recreational sales.
Ms. Hegerich also neglected to mention that on numerous occasions, Terra Tech has offered to purchase her share of the business at a greater than eight times return on her investment within two years.
Instead, she has raised a number of false and misleading allegations:
Not properly audited:
Terra Tech is a publicly traded company audited by one of the largest accounting firms in the US. Additionally, MediFarm I has engaged an independent third-party accounting firm to review the books and records for the Reno business. Any allegations against the Company’s accounting practices are completely baseless in fact or evidence.
False statements in 10K:
Terra Tech’s 10-K does not contain any false statements. The Company’s auditors and outside counsel have both reviewed the 10-K.
Breach of operating agreement for dispensary operations:
Terra Tech has not received any equity distributions from the Reno business. It has actually invested several million dollars into the business.
Stock manipulation:
Terra Tech has not manipulated the stock. The Company has made all required public filings and disclosures, and complies with all applicable laws, rules and regulations.
Admitted to numerous errors in third party accounting:
On the contrary, Terra Tech has not admitted any errors in the third-party accounting. In fact, the third-party review found no material discrepancies in MediFarm I’s accounting.
To be added to the Terra Tech email distribution list, please email TRTC@kcsa.com with “TRTC” in the subject line.
Terra Tech Corp Issues Statement in Response to Meritless Lawsuit Filed by Business Associate in State of Nevada:
https://ir.terratechcorp.com/press-releases/detail/245
On December 18, 2018, Terra Tech Corp. (the “Company”) terminated the non-binding letter of intent (the “LOI”) with Golden Leaf Holdings Ltd. (“Golden Leaf”), dated November 2, 2018, due to capital markets conditions.
https://ir.terratechcorp.com/all-sec-filings/content/0001477932-18-006055/trtc_8k.htm
GOP Lawmaker Calls For Marijuana Reform In Fiery Senate Floor Speech:
https://www.marijuanamoment.net/gop-lawmaker-calls-for-marijuana-reform-in-fiery-senate-floor-speech/
Veterans support Sen. Gardner's push to respect states' rights and voters in criminal justice reform bill:
https://www.vetscp.org/news/2018/12/17/veterans-support-sen-gardners-push-to-respect-states-rights-and-voters-in-criminal-justice-reform-bill
From Cory Gardner's twitter :
"I introduced an amendment to the First Step Act today that would ensure each state has the right to determine for itself the best approach to marijuana within its borders."
In response, Terra Tech issued a statement that said it “strongly denies these allegations.”:
“We remind the public that the allegations in her complaint are just that – allegations by a business partner which have not been proven,” Terra Tech said in the statement to the TV station.
“We maintain that, after a full vetting of relevant facts, Terra Tech will be fully vindicated.”
https://mjbizdaily.com/woman-sues-terra-tech-marijuana-alleged-theft-deceptive-finances/
Here’s The Text Of The Marijuana Amendment Sen. Gardner Wants Attached To Criminal Justice Bill:
https://www.marijuanamoment.net/heres-the-text-of-the-marijuana-amendment-sen-gardner-wants-attached-to-criminal-justice-bill/
TRTC's respond :
Terra Tech, the company which operates the Reno Blüm location, released the following statement.
"We are aware of the allegations made by Ms. Loeb-Hegerich. Terra Tech strongly denies these allegations. We remind the public that the allegations in her complaint are just that – allegations by a business partner which have not been proven. We maintain that, after a full vetting of relevant facts, Terra Tech will be fully vindicated."
US Senator plans to pitch measure to resolve cannabis’ legal, financial issues:
https://mjbizdaily.com/senator-marijuana-legal-financial-issues/
Some news regarding cannabis sector:
Trump’s New White House Chief Of Staff Supports Marijuana Reform
https://www.marijuanamoment.net/trumps-new-white-house-chief-of-staff-supports-marijuana-reform/