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Don't you ever grow tired of the repetition?Bottom line is TRTC IS GROWING LARGER EVERY MONTH and has been for quite some time.THAT'S A FACT.GET REAL and give it a chance or else bail.TRTC can't help that the gov't has chosen to FK it up for now.
Good level headed perspective hunterqt.TRTC is quietly building a beast and I love it.I'm an obvious LOOONG and I see great things on the horizon for TRTC/BLUM.I'm still saying politics is the major speed bump at this time,but I expect that to be rectified in the near future.Then we'll see TRTC/BLUM and the whole US market take off.Biding my time......
One Top U.S. Marijuana Stock To Watch In 2018
Although pure play marijuana stocks are few and far between, we have managed to hunt down one top U.S. marijuana stock that has the potential to multiply in 2018.
This marijuana grower is based out of California, with additional bases in Nevada–two of the nine states where marijuana is fully legal to use. Mind you that the two states are at the forefront of the pot boom.
California was the first state to legalize weed for medical purposes back in 1996. In 2016, both California and Nevada legalized marijuana for recreational use via a ballot initiative. Last year, Nevada became the first to see legal retail of recreational weed, and beginning this year, California became the second to sell pot for adult recreation.
One of the reasons our today’s pick makes for the top U.S. marijuana stock is because of its strategic location. The other is its brand recognition.
This U.S. marijuana company is Terra Tech Corp. (OTCMKTS: TRTC), best known for its “Blüm” marijuana dispensaries and “IVXX” marijuana brands. The company produces, markets, and sells dried marijuana as well as derivative products like rolled joints and oils.
In addition to selling these products at over 200 stores in the 29 states where medical marijuana is legal, the company also runs its own dispensaries within California and Nevada.
Terra Tech’s Blüm dispensaries began selling weed for recreational adult use in Nevada on July 1, 2017. Within California, the company initiated adult-use retail on January 1, 2018.
Right now, the company is aggressively expanding its portfolio of marijuana products, which is why early investors may have a chance to reap solid gains.
As of now, two new major cultivation locations are under construction within Nevada, which will further enhance its production capabilities.
Terra Tech has witnessed a rapid double-digit growth in sales in the recent quarters. An increase of 82% in revenue was recorded in the most recent quarter.
What’s interesting is that marijuana is not the only greens it produces. Terra Tech is also popularly recognized for its third brand, “Edible Garden,” which produces farm-fresh, organic, and non-GMO green herbs like basil, cilantro, rosemary, thyme, chives, etc. The brand is currently expanding into new product lines like strawberries, peppers, and lettuce, and more, so this company is also diversified beyond marijuana.
This is one marijuana penny stock you can’t let pass.
Analyst’s Take
My oft-repeated advice for marijuana stock investors is to always perform due diligence before investing in any cannabis stocks because the marijuana industry is rife with volatility. Since most marijuana companies are loss-making, their valuations are largely dependent on their future cash flows. It’s always best to pick a stock which owns a unique position in the industry.
Terra Tech is one such company which, in my view, makes for the top U.S. marijuana stock because of its geographic target market, as well as its swiftly expanding marijuana portfolio. It’s one marijuana penny stock which could surprise us with exponential gains in 2018.
https://www.profitconfidential.com/marijuana/terra-tech-corp-stock/top-marijuana-penny-stock-terra-tech-selling-for-less-than-penny/
Good news from the gov't is what we need most right now.That and a little patience.We'll get there,I can feel it.TRTC is the real deal for US mj companies.
Terra Tech Corp. acquired stake in their cultivation and production facilities, NuLeaf Sparks and NuLeaf Reno. Together with Terra Tech Corp., NuLeaf COO Sean Luse has spearheaded the developments and is cultivating a fresh harvest in Reno https://www.dopemagazine.com/nuleaf-las-vegas/
So true Zippie.Most of the anti-rec crowd has their own form of substance that they use.Be it beer,liquor,wine,cigarettes,or the biggie-"Dr. prescribed" pharmaceuticals.And yet smokers of the only truly natural option, God grown marijuana, get ticketed or incarcerated.Truly something wrong with that scenario.
I'm sure Derek will be conservative in his 2018 projections.He's always been smart to not go crazy with TRTC/BLUM projections,and I like that.Speak conservatively and then blow the doors off it,is better than NOT hitting an overly optimistic mark.I understand competition in Cali,but there's a lot of "indulgers" living AND visiting there.Tons of business to be captured by TRTC/BLUM.6th largest economy in the WORLD,maybe #1 for indulgers of the herb!?!?People would/will be very surprised how many folks do partake in the herb.
I think 60 million is only about 1/2 what 2018 revs will be.Heck TRTC/BLUM revs should be around 40 mil for 2017.California should DOUBLE their business at the very least for 2018,IMO.I'm looking at 2018 revs in the 100 million range or more.Once DC irons out legalities it gets easier for TRTC and their customer base to sell and buy.NJ is next.Not sure how soon TRTC will be able to start generating revs up there,but they've already got grow ops ready to go.
Hey mag,I'll give you kudos when it's deserved.Nice pick on what you pm'd to me.That is ONE positive one,out of hundreds(thousands?) of available choices.I see TRTC/BLUM heading in that direction and being one of the big winners once politicians make things right and legal.
VERY NICE,INDEED.
Could not agree with you more,BidnessMan.TRTC is very close to hitting maturity as a company.GREAT things in the works and on the way.Patience shall reap rewards,no doubt in my mind.We're simply waiting for the green light from D.C.,and TRTC will be off to the races.It's an exciting stock to be holding for sure.Anyone with a middle school education should be able to see that.Still waiting to see maggie's list of profitable,publicly traded,US mj companies.
More Republicans are raking in money from cannabis industry
Published 8 hours ago
The cannabis industry is pouring hundreds of thousands of dollars into campaign finance accounts of lawmakers and political action committees.
But, for the first time, more of that money is going to Republicans than to Democrats, according to survey by the Center for Responsive Politics commissioned by USA Today.
The biggest beneficiaries are states’ rights Congressional Republicans who are trying to stop the Trump administration from targeting marijuana businesses and whom the industry sees as its best allies while an administration hostile to cannabis is in power.
The biggest donors, according to USA Today, are industry groups with political action committees, such as Marijuana Policy Project, NORML and the National Cannabis Industry Association.
Those groups combined have donated about $327,000 to candidates over the past three Congressional election cycles, the newspaper reported.
By comparison, the National Beer Wholesalers Association donated about $1.5 million to candidates in the past years alone, USA Today reported.
Are there any US mj stocks that are showing profits?Remembering that they get taxed on profits at a prohibitive rate of 70% I believe it would be absolutely foolish for a company to show profits AT THIS TIME.That is why everyone owning TRTC stock should love the fact that they are using their revenues to build up and out the footprint of TRTC/BLUM.Spend that money and garner market share until the laws change to make profits actually profitable for the company and the shareholders.In the meantime TRTC is rapidly expanding in all the major US markets.That works for me.
Let's hope they get enough support for this and that they can "fast track" this sucker and MAKE IT HAPPEN.Take off the chains of prohibition and we'll see these stocks really start to fly.TRTC IS GOLDEN!!
I don't actually put anyone on ignore,you never know when the day comes that they may have something worthwhile to say.Now I won't waste my time reading repetitious rants or re-hashed old comments once I click on them,I'll back right out.But I hold out hope that someday there could be something of value added to the conversation at some point.I simply won't hold my breath while I wait.
I know they don't care about ME personally,but I believe they care a great deal about the future of the TRTC/BLUM company,THEIR COMPANY.See I don't take the stock price as a personal affront to me, as some may(look in the mirror,please).This is the price of growing the company from ground zero upward.Repeating nonsensical rants will not magically make the stock price go up.At this point only a change in the US law will accomplish that.
NO,that type of attempted manipulation is part of the problem.If you really believed that which you rant about, you would've left TRTC stock a long time ago.I've lost some money on some stocks and believe me I do not bang about their boards repeating nonsense day after day.I either hold and wait or I sell and move on.I am an adult.
That's pretty much the basis behind the whole mj prohibition scheme which we,AS INVESTORS IN THIS INDUSTRY THAT SHOULD BE LEGAL, are all involved in right now.Going back to the "Reefer Madness"days.Why do people believe that crap? Cuz that's what they've been being told all of their lives,"MJ bad, make you crazy and delinquent".That is why WE THE PEOPLE need to remain,or become, EDUCATED or MORE educated.You're never too old to learn.We all need to keep ingesting knowledge from a variety of sources so we can make educated decisions and not just blindly follow.That is one of the biggest problems we have as US citizens,is we are getting dumber in general,and thus more easily manipulated and taken advantage of, by those with ulterior motives.
I wonder how many 10's,probably 100's ,of millions of $$ per year Nike spends on advertising.And they have been king of the hill in their industry for decades.They must believe that it still works.Keep repeating the message.True or not a lot of people will start/keep believing it.We see it happen all the time,don't we?
It's very obvious to see that the major difference between Canada and all US mj stocks is the political climate.Canada has said YES to making it legal,the US has not,it's that simple.All it's gonna take for US mj stocks to start moving on up is for our corrupt US politicians in the DC swamp to give the GREEN light to total legalization.There should be no doubt in anybody's mind that this WILL HAPPEN sooner or later.My money is on SOONER,and my money is on TRTC to be one of THE BIG ONES when it happens.
I am simply giving you a real world scenario to swish around your mouth and maybe wash away some bitterness.New companies have to start somewhere,that is AT THE BOTTOM,and work to build themselves up into something worthwhile.TRTC/BLUM has done just that in the past 5 years or so.They are building the biz the right way.The best LEGAL way possible,in this uncertain industry.They ARE a serious,legit business.That FACT cannot be denied.Mindless ranting,and BS outdated articles does not change the fact that TRTC/BLUM has grow ops,retail shops,licenses,labs,customers,etc ALREADY ESTABLISHED in the largest mj markets in the USA.Phil Knight,Jeff Bezos,Sam Walton,Kevin Plank,Derek Peterson, they all started with ZERO market share and built it up over time.In case you haven't noticed TRTC/BLUM IS GETTING LARGER AND MORE ESTABLISHED EVERY YEAR.The biggest issue right now is simply politics.Once that crap gets straightened out,TRTC/BLUM, along with the rest of the legal mj industry,are going to make a lot of money for shareholders in the LEGITIMATE companies.TRTC/BLUM has proven beyond a doubt that they are a legitimate business.
Ahhh,not yet grasshopper,but there is a lesson there if you decide to learn it.And it sure beats repetitively bitching and moaning every hour about things that I cannot control re:TRTC/BLUM.Look at the big picture and see the potential.Be in for the ride or be out and go home.What's it gonna be?
Re:TRTC and it's slowly moving share price.Anybody ever hear of a little shoe/clothing company named Nike? Here is a little share price history for you on a slow news day -In March '81- .11 pps.March '83-.20 pps.March '85-.14 pps.March '87-.22 pps.That's 6 years of nothing except GROWING THE COMPANY.I'm sure a lot of impatient folks would've sold their stock by then.In March '89- .41 pps.1991-ahh $1.17 pps,'93- 1.95,'94 back to 1.35,96- $4.30,97- $6.33,'98-pullback to 4.55,'99- 5.96,2000 - back to 4.12,2001- 4.24,'02- 6.30,'03-5.43,'04-$8.26,2007-$11.50,'08- $14.93,09- $10.98,2010- $16.71,'11- $17.46,'12- $25.38,'14- $35.55,'15- $48.88,'16- $60.50,'17- $55.54,currently it is $67.11 pps.It took them 10 years to hit the 1 dollar mark.I wonder if they're going to make it as a company?!Time will tell,I guess.Point being that it takes some time to create a great business,and TRTC share price will eventually move on up.Have patience with your TRTC investment and you will(hopefully,IMO) be extremely ,pleasantly surprised in good time.Those pps #'s I acquired through macrotrends.net.Will TRTC/BLUM become the NIKE of WEED? Place your bets guys and girls.BTW I think their share count is around a billion and a half,give or take.I have put my money where my mouth is with TRTC.Ya'll have a GREAT weekend watching championship football,I know I will.
So does that mean you think the govt shuts down?Yet Sessions chases down the LEGAL mj industry in multiple states with exactly WHAT MONEY?That is UTTER NONSENSE.TRTC business will continue BLUMing in California,Nevada,and soon they will be BIGLY operational in New Jersey.The ball is rolling,don't get crushed by it.
When some question how TRTC is to finance potential future mergers/acquisitions(claiming that an r/s is inevitable),lets not forget about the brand new revenue stream that TRTC has.It's called CALIFORNIA LEGAL REC MJ SALES.How many TENS OF MILLIONS OF DOLLARS are those sales going to produce in the coming months? Look for AT LEAST A DOUBLING of last years (2017)estimated revs of 40 million to 80 to a 100 million for 2018.Or more??
Yeah I'm pretty sure it's written into their contract,as part of the "bitch and moan "clause.
By a very large margin I'd bet.Derek's gonna have to buy a bigger mattress to stash all that cash under.
Yep, with NJ going legal they can't sit idly by and watch the money spent by consumers, AND ALL THOSE MASSIVE AMOUNTS OF TAX $$$$ go into the NJ coffers.It's becoming a domino effect now.The more states that go legal,the more states that will WANT TO go legal.
No doubt about that.All we need is for DC to get their shit together and give the PEOPLE what they want.UNCHAIN THE INDUSTRY.LEGALIZE and let TRTC/BLUM and others begin operating like ALL OTHER BUSINESSES,employing people,paying taxes,and saving a TON of money wasted on BS "law enforcement" of a BS "crime".Git er done,Washington.
An IRRELEVANT article from June.Are you kidding me?At least you could have gone with the other now irrelevant article from only a couple of weeks ago,if you were trying to use fear of the AG as an issue.
On January 17, 2018, Terra Tech Corp. (the "Company") entered into a Lock-Up Agreement with Michael James, the Company's Chief Financial Officer, pursuant to which Mr. James agreed, subject to certain exceptions, not to sell any shares of the Company's common stock for a period of one year from the date of the Lock-Up Agreement.
The foregoing description of the Lock-Up Agreement is qualified in its entirety by reference to the full text of such document, a copy of which is filed as Exhibit 10.41 to this Current Report on Form 8-K and which is incorporated by reference herein in its entirety
http://www.4-traders.com/TERRA-TECH-CORP-15578683/news/TERRA-TECH-CORP-Entry-into-a-Material-Definitive-Agreement-Financial-Statements-and-Exhibits-fo-25831340/
TRTC/BLUM has never had as much money coming in then they have RIGHT THIS MINUTE.Next week,they will be making more than they are today.Next month they will be making more than next week.And next year,you guessed it,they will be making even more than they'll make next month.The process continues for TRTC.Derek has laid a lot of groundwork to put TRTC/BLUM in a fantastic position to capitalize on legalization.As soon as the politics get straightened out,and the laws change to what the PEOPLE want,then we'll see our share price break out and rocket upward.That may get worked out by end of this week.If not then,it won't be too long after.Sysyphus' "ball of prohibition" is soon to be rolling back down the hill and squashing the prohibitionists once and for all.If you've been sitting on the sidelines watching,you'd better be ready to react when the word comes down.Things will happen pretty quickly IMO.
And the moon may be made of green cheese,I don't know as I've never been there.But I bet that it's NOT.("However it may be...")
Then we'll see some serious upward movement by TRTC in particular and the industry as a whole.Hope they make this happen,we've been waiting too damn long for this to get cleared up .
Terra Tech mentioned with regards to Nuleaf partnership http://www.dopemagazine.com/nuleaf-las-vegas/
I guess Derek must be in charge of every pot stock that there is,cuz last I looked THE WHOLE DAMN INDUSTRY IS DOWN,not just TRTC. Now that is one massive sleight of hand he's got going there.The man is brilliant.LOL.Hell he must even be in control of the Canadian industry cuz ,guess what,THEY ARE ALL DOWN TOO.Hey pearpacker,look back to last Thursday.There may have been some sort of news put out ,by a certain elf-like Att.General,that just might be having a teeny tiny effect on mj stocks.Check it out,AND PLEEEEEZE let us know what you think as your opinion is ............well,ya know.
You missed a few $$,Canopy actually hit $33 pps.Personally I think 5 Billion dollar valuations on them and Aurora was/is a bit out of whack at this point in time.I sold my Canopy at $16 thinking they'd hit the wall at that point,was shocked when it kept on going up, but up it went.Political environment is MUCH more favorable in Canada than US.Very soon the US will get their shit together and make it right,this I believe.Then AND ONLY THEN,will TRTC and other US mj stocks start running to where they ought to be.No reason,other than political, that TRTC/BLUM isn't valued at least at 1 or 2 billion,IMO.Getting rid of the legal/political shackles will be the game changer.
Terra Tech Corp. to Webcast, Live, at VirtualInvestorConferences.com January 18
View investor presentations 24/7 at www.virtualinvestorconferences.com . (PRNewsFoto/OTC Markets Group Inc.)
News provided by
Terra Tech Corp. ?
08:00 ET
Company invites individual and institutional investors as well as advisors to attend interactive real-time virtual VirtualInvestorConferences.com
IRVINE, Calif., Jan. 12, 2018 /PRNewswire/ -- Terra Tech Corp. (OTCQX: TRTC), a vertically integrated cannabis-focused agriculture company today announced that Derek Peterson, Chief Executive Officer will present live at VirtualInvestorConferences.com on January 18, 2018 at 1:00pm Eastern.
DATE: Thursday January 18, 2018
TIME: 1:00 PM EST
LINK: https://tinyurl.com/0118prepr
This will be a live, interactive online event where investors are invited to ask the company questions in real-time - both in the presentation hall as well as the association's "virtual trade booth." If attendees are not able to join the event live on the day of the conference, an on-demand archive will be available for 90 days.
It is recommended that investors pre-register and run the online system check to save time and receive event updates.
Learn more about the event at www.VirtualInvestorConferences.com.
Great article,as a life long NY'er(Buffalo) it's past time to end the madness of prohibition.You'd think that with a tax and spend gov. like Cuomo this would be a no brainer.When he sees the $$$ that NJ starts pulling in when legal, he'll hopefully get 'er done. Thanks for the link.
Is this the year state legislatures lead the charge to pass recreational marijuana laws? https://mjbizdaily.com/year-state-legislatures-lead-charge-pass-recreational-marijuana-laws/