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One more note on this--the California state economy (and MJ consumption) is LARGER than the whole country of Canada........
And that is the HUGE PROBLEM.The fringe lunatics on both ends of the political spectrum seem to have taken control of the system and want to make the rules for us all.The SILENT MAJORITY that reside in the "common sense middle"get pushed to the side.The fringes both think they know what is best for us all,when the reality is neither end of the spectrum has a clue.We need to get serious discussion and common sense from intelligent people of both parties back on the table and start doing what is good and right for MOST AMERICANS.Somehow this concept has fallen by the wayside.
This one goes out to you Greenjeans-- I smoke two joints in the morning, I smoke two joints at night / I smoke two joints in the afternoon, it makes me feel alright / I smoke two joints in time of peace, and two in time of war / I smoke two joints before I smoke two joints, and then I smoke two more-"The Toyes"
Eventually the schedule for MJ WILL change.Just don't know if it'll be months or years but it will happen.Just read an article in my local paper yesterday(yes I am a dinosaur who actually still likes reading an actual newspaper)they are projecting 400 opioid related deaths in Erie county(NY) this year,a number that's been increasing the last few years.Nationwide in 2015 there were 50,000 DEATHS FROM OPIOIDS IN THE US.That's insane.Obviously,there has never been a single death reported from MJ use EVER.(side note-since 1975 there's been 5,000 TOTAL US deaths from terrorism.-per the Buffalo News)To classify those drugs together is the epitome of stupidity.Eventually the classification will change,as soon as we get some smarter people involved in the right positions(ain't that right J.B.Sessions?).Hopefully sooner rather than later.
Yes Tina ,slow and steady wins the race.It wasn't much,but we still got a GREEN finish after that rocky morning.
Ya know,just 3 days ago an old friend of mine lost his 26 yr old son to the "needle and the damage done".Unfortunately they say heroin is easier to obtain than weed these days.Maybe if weed was more accessible he wouldn't have gotten messed up with that other shit.And now the dealers mix it with all kinds of crap that'll kill you in an instant.My heart breaks for my "brother" who lost his son.LEGALIZE THE WEED,DAMMIT.Sessions, crawl back into your hole you rotten SOB.
This company is the closest there is to TERRA-TECH ,IMHO .Just a little info about them so one can compare TRTC's current status to the top Canadian company.Note the revenues generated and the LOSSES INCURRED.Their stock has been as high as $14.00 ,currently around $6.00.There is no reason to believe that TRTC cannot surpass these revenue #'s within the next 24 months or so when Cali goes legal and possibly followed by NJ.Read on....
Canada’s biggest medical marijuana producer, Canopy Growth in Smith Falls, Ontario, serves more than one third of the nation’s MMJ patients and generated 203 million Canadian dollars ($160 million) in revenue last year.
But the company also lost CA$16.7 million.
How? An aggressive expansion plan.
Canopy owns the Tweed, Mettrum and Bedrocan cannabis cultivation companies and operates grow sites on the eastern and western sides of Canada.
In the east, Canopy currently operates four cultivation sites in Ontario and intends to open one more in the province.
The company is also awaiting inspection of a Quebec grow site that’s seeking a license and is renovating a building in New Brunswick that Canopy hopes to get licensed for cultivation.
In the west, Canopy is pursuing a license in Edmonton, Alberta, and trying to expand a license in Saskatchewan.
A little fairy tale starring --Jeff Sessions is leading America back into Reefer Madness | Jamie Peck
Jamie Peck,The Guardian 3 hours ago .
The US attorney general is trying to undo the progress made in liberalizing marijuana consumption in the US. This will only lead to more people in jail
‘Sessions once “joke”’ that he thought the violent white supremacists of the KKK were ‘okay until I found out they smoked pot’.’’
Once upon a time, the 1936 film Reefer Madness attempted to spread sensationalistic messages about marijuana to youths across the land. Just one toke, the film warned, and you could be setting off down the primrose path to murder, hallucinations, rape, suicide, and yes, the titular madness. Yikes!
Luckily for fans of the plant, we now know the worst effects of marijuana are smoker’s cough, laziness and a predilection for salty junk food. Furthermore, studies have shown it can be used to treat a vast array of health problems, from glaucoma to the nausea caused by chemotherapy.
The total number of fatal marijuana overdoses per year remains steady at zero. Why, it’s almost like pot is no big deal, and we should be allowed to have it if we want.
This knowledge, plus widespread social acceptance – a recent Gallup poll found that one in eight US adults admits to smoking the stuff, and more than half have tried it – have led to a gradual liberalization of marijuana laws on the state level, to the point where 29 states plus Washington DC have legalized medical marijuana.
Eight states have gone a step further and legalized it for recreational use, allowing people over the age of 21 to enjoy it responsibly. In 2016 alone, the citizens of eight states voted to relax their laws on recreational and/or medical marijuana, one of few progressive victories in an otherwise depressing election. (Perhaps because it’s one of a few issues that unites progressives and libertarian-leaning conservatives.) It would seem a critical mass of Americans is coming to accept the popular plant as the relatively harmless, potentially helpful substance it is.
But all that progress may soon come to a halt. As threatened back in February, Donald Trump’s Department of Justice has plans to aggressively go after states that have legalized both recreational and medical marijuana — the latter despite Sean Spicer’s promise that Trump sees “a big difference” between the two.
After making baseless statements that marijuana is “only slightly less awful” than heroin and that “good people don’t smoke marijuana,” the attorney general, Jeff Sessions – who once “joked” that he thought the violent white supremacists of the KKK were “okay until I found out they smoked pot” – has established a task force to investigate the connection between marijuana and violent crime.
He might learn that legalizing marijuana has actually been shown to reduce violent crime in some instances and leave it unaffected in others. But, in case anyone thought he was waiting for the task force’s findings to come in before acting, in May he wrote a letter to congressional leaders asking them to roll back protections put in place by the previous Congress. These use the power of the purse to keep the Department of Justice from prosecuting medical marijuana in states that have voted to legalize it.
In said letter, he referred to a “historic drug epidemic”, willfully conflating marijuana use with the crisis of opiate addiction plaguing our country. (Sessions either doesn’t know or doesn’t care that opiate deaths have actually decreased in states that have legalized medical marijuana, partly because it can serve as a gentler alternative to addictive prescription painkillers.)
He scapegoats marijuana for violent crime once more. He even claims marijuana is “linked to an increased risk of psychiatric disorders such as psychosis”, which sounds a lot like “reefer madness” to me. As with Trump’s Muslim ban, Sessions notes this issue is too important to respect the rights of states to make their own laws. In Sessions’ bigoted eyes, states’ rights are only important when it comes to the passage of bills designed to discriminate against transgender people who wish to use the bathroom.
This approach is a departure from that of the Obama administration, whose relationship with the states on marijuana was more mixed. While Barack Obama raided growers in states that had legalized weed from time to time, the Department of Justice stated in a 2013 memo that it would not challenge state marijuana laws, provided the drug was adequately regulated. Obama also took some small steps to reform our criminal justice system, particularly where non-violent drug crimes were concerned.
While the fallout from legal marijuana is far from proven, the fallout from the ineffective “war on drugs” can be measured in lives ruined, particularly the lives of people of color. By 2001, there were 2 million people in our country’s prisons, and nearly one in three black men ages 20-29 was caught up in the deeply flawed criminal justice system.
Racial profiling, uneven enforcement, disparities in sentencing, and unequal access to lawyers have all helped ensure the majority of people in jail for drug offenses are black and Latino, despite the fact that black and white Americans use drugs at similar rates.
In rolling back states’ attempts at more sensible drug policy, Sessions seeks to bring us back to the days when misinformation and hysteria beat out science and reason, and the government used the “war on drugs” as an excuse to go after anti-war hippies and African-Americans, as a former Nixon official was once quoted admitting.
Our only hope is that the rollout of this policy is as botched as everything else the Trump administration has tried to do. Which, judging from recent history, is entirely possible.
I'm sure at this point , some short sighted people are taking their profits after the "double" on their investment.Those who doubled their $$ in a few weeks time choosing to cash out.Good for them,but that's not my play.PATIENCE will win in the end.See my previous post re: revenues and the bright future.This is not some "speculative" company,they are producing products,revenues and making things happen.Who else in the US MJ market has as much going for it as TRTC? Answer=NO-FRICKIN-BODY.---Grizz
To All NEW INVESTORS--TRTC is currently pulling in appx. $250,000 PER DAY in sales,with the legalization of Nevada rec.Sales this year est to be 40-50 MILLION.California rec begins Jan 2018(170 days away).NJ will vote to legalize rec MJ after Nov. elections,to begin in 2018.TERRA-TECH has 4 dispensaries operating in Nevada,1 MMJ operating in Cali,will have 2 dispensaries operating for legal rec MJ in Cali.They are laying the groundwork for NJ expansion as we speak.2018 revenues project to 100 MILLION plus,conservatively speaking.Derek Peterson has the plan and the balls to build it out.TRTC has done amazing things getting ready for this market and the plan is executing nicely.TRTC is a STEAL at current prices.Load up and watch. By end of year you'll be glad you did.LONG and STRONG,TRTC = $$$$$
Well BriarPatch ,they must something really sinister up their sleeves for doing that.I heard it from some "legends" and they wouldn't lie,would they ?-LOL.TRTC is GOLDEN
NO R/S AT ALL IN THE NEAR TERM AND POSSIBLY NEVER.Welcome to the future,leave the past behind.
Apparently a bunch of people taking the profits on their "double",as expected.Can't fault those for the game they choose to play,they made easy $$.That don't worry me none.I'm in the game for BIGGER FISH than that.And it WILL be coming,mark my words.LONG and STRONG TRTC --CUTTING EDGE,INDUSTRY LEADER!
BLEW THE DOORS OFF OF THAT .30.Fly baby,fly.
I've stated before I think 40 ish eom August,maybe a bit higher.I'd expect some profit taking between 30-35 from the flippers so it might hang up there for a brief time.Then she will chug on ahead.I'd expect that pattern to continue near term.Shots up followed by some profit taking.Smart money will be long and strong.That's where mine is at.
Well Jed,I already see a nice bump up first thing this AM.I'd dive in if I were you.The longer you wait,the more it's gonna cost you.This baby is the real deal and as more people discover that it's only going UP UP UP,IMHO.
And that 10 million number gets BIGGER AND BIGGER EVERYDAY with the revs being produced at the 4 operational Nevada dispensaries,which are absolutely crushing it, by all reports.TRTC LONG AND STRONG !
Terra Tech certainly has a LOT of irons in the fire.They've done a TRULY FANTASTIC job of expanding in this very young MJ market.CEO Derek Peterson staying two steps ahead of the game,acquiring and building in places BEFORE they go legal .Always looking to gain a leg up on the competition.TRTC is crushing it and will continue to do so, IMHO.He is building up and out to be a huge NATIONAL corporation.TRTC is loooking at 2017 revs of 40 million (or more), 2018 revs should be in excess of 100 MILLION, with the addition of California's legal rec in Jan. 2018.Keep up the good work!
Djdj-hey ,great reporting.Thanks for the play-by-play,I feel as though I'm there!And wishing I was.Keep 'em coming.
I like this statement- "As General Electric Co. (NYSE: GE) wants to get down to 8 billion shares"And some are overly concerned about TRTC's share count.As someone else posted,a WHOLE LOT of companies out there have billion/multi billion share counts.Not an issue at this time IMHO.
Every company out there "reserves the right" to .....DOES NOT MEAN IT WILL EVER HAPPEN.Ya'll should drop the same tired old drumbeat and enjoy the ride awhile.Seriously.
Maybe we get a "power hour" flurry and knock on the door of.30.Ah,it's been an uplifting week to say the least.The beers (and buds) will taste extra good this weekend.
Sounds like you might NOT be cashing out at .29 as you stated earlier.Hang on for a while and make some REAL $$$$$$$$.This baby is gonna be a juggernaut!
The Drug Enforcement Administration (DEA) admits that no one has ever died from a marijuana overdose but still won’t remove the substance from its list of Schedule I drugs — the same classification as heroin.
“No deaths from overdose of marijuana have been reported,” the DEA wrote in its 2017 Drugs of Abuse resource guide, which was published last month. The 2015 edition has similar language.
For context, roughly 2,200 people die from alcohol poisoning each year in the United States — six per day. --NOW THAT'S A FREAKIN' CRIME RIGHT THERE-IMHO
"he's too greedy and doesn't believe in the big picture obviously!" ---I say you're ABSOLUTELY WRONG on that.He's had the BIG PICTURE in his sights all along.That's what has been going on with the buildouts in the major markets(NV and CA) for the past few years,GETTING READY FOR LEGAL REC.It's the short sighted folks around here that want to make a quick buck that can't see the forest through the trees.TRTC is the "BIG DOG" in the MJ game right now and will continue to be.Derek has done a FANTASTIC JOB of building the beast,and continues to do so,always looking a couple of moves ahead and setting up for the next play.He got set for Nevada long before rec was legal.He's setting up in Cali for when that comes on line in about 170 days.He's making moves in Jersey getting ready for that business which will be on the docket soon.Oh, Derek has his shit together with TERRA-TECH.Patience with TRTC in this fledgling industry will be well rewarded IMHO.Just keep your eyes on the charts as they march upward.
The AG will never find enough support anymore to institute a new "war",not on weed .That ship has sailed and he's gonna have to accept that as FACT.He may have the title,but he'll never find enough backing for his antiquated way of thinking.Now if he decides to take on "Big Pharma" to try and stem the flow of the poisons they keep pushing,THAT would be a noble cause.
That's a beautiful close @.25+.THE MARCH IS ON .
Looking to step up and become a new "legend",eh Puppydog.Speaking of crashing,how's that "Mom and Pop"shop that starts with a K working out for you?I don't think you'd be wasting time here if you didn't think TRTC IS THE REAL DEAL.But then again,maybe you would.
Seriously, THERE IS NO REVERSE SPLIT IMMINENT, IF AT ALL.Pure speculation on your part,which qualifies it as PURE BS.Please come up with something relevant OR just give it a break and chill for a while.Find a hobby or a job.
That's good news about Rory being associated w/TRTC.Maybe Derek should inquire about placing him on the TRTC BOD.An insider w/some heavy political clout, and a lawyer to boot.
That is GREAT NEWS.
Back to the "black market" then,for those who indulge.They need to straighten out that transportation BS.Just let Derek back up the van and fill 'er up and go.Damn politics always getting in the way.
And I'd venture to guess they'll be wrong next year too.As TRTC gets bigger legs under it,and the share price goes skyward,I'm not so sure there will ever be a need for a R/S.What do think BidnessMan (or anyone else who LIKES the company),if this were to hit 2.00,would there still be a need to R/S for any reason?Looking for any intelligent answers from those smarter than myself.
Well I hope he takes the time to sample some products.Maybe it'll quell his anger a bit.Live and let live Jefferson!
I'd say that was another one of Dereks' brilliant forward thinking moves,acquiring the Oakland dispensary in anticipation of legal rec sales in California.(Now less than 170 days away) "Blum Oakland, which holds over 42,000 registered patients, has been operating since November 2012 and services close to 1,000 patients each day. The acquisition includes Blum's fully integrated supply chain, which consists of a sophisticated onsite cultivation facility, its portfolio of proprietary strains, as well as its high volume retail storefront. Trailing 12-month non-GAAP revenue for Blum Oakland is over $14 million, which tracks the revenue reported by Blum Oakland in its associated sales tax and marijuana tax reporting and payments." Like any good chess player,he is always thinking a few moves ahead.Always setting things up for future moves.The man has a definite plan .Keep up the good work Derek ,U-DA-MAN!
VERY WISE WORDS Goku83 .I'm with you on those thoughts.Teens be gone with this baby.Wish in one hand,spit in the other.See what you have more of.Some of these peeps will end up with nothing but a wet palm.And you know what they can do with that.
That just sounds soooooo bizarre, "STATE OF WEED EMERGENCY" for a possible marijuana shortage."The times they are a-changin'"-Bob Dylan -and in MY lifetime no less ,f-n A.
Keep on repeating,there's only about 4 of you here that actually believe that BS.
And yet pps is up about 70% from a month ago.Not too shabby.Let go of the past,step into the future.IT'S HAPPENING,THE MJ GAME HAS CHANGED.More rule changes upcoming with tax issues, politics and MORE STATES GOING LEGAL.Just cuz it didn't hit a dollar on July 2nd(which no one expected it to)does not mean that it's not going in that direction.Let go of 2014/15/16.That was cAlled "BUILDING THE BUSINESS". TRTC HAS DONE A TREMENDOUS JOB OF BUILDING OUT THEIR FOOTPRINT.THE FUTURE IS EXTREMELY POSITIVE LOOKING.
Oh stop that nonsensical R/S talk.They're a long ways away from any type of R/S, if it ever happens at all ,which it may not.