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Veterans fight White House on pot:
https://www.pressreader.com/usa/chicago-tribune/20170723/281835758762537
Without info on BlueOak real estate tax, other expenses and risks - your claim in value to own commercial real estate has no basics.
It is one of the ways to educate public and promote IVXX brand. Superb customer service, consistency in product.
Please, give us info regarding commercial real estate tax, insurance and other expenses regarding BlumOak. Everybody knows, that cost money to own real estate.
Is this your answer to my question?
Listing Requirements of the NASDAQ Stock Market:
http://venturelawcorp.com/listing-requirements-nasdaq/
"Djdjdjdj", thank you very much for all info you post.
"Magnum7419", how much commercial real estate owner pays in taxes, insurance and other expenses for BlumOak?
And I politely disagree with you regarding a risk from AG and DOJ for leasing property to MJ business.
P.S. Starbucks company always lease and remodel commercial properties. Starbucks do not buy commercial property in order to remodel it and operate. That gives them flexibility too always change location if needed.
How many times you can bring this BlumOak real estate as an issue to you?
TRTC is not in real estate business. Commercial real estate owner pays taxes, insurance, no flexibility and tt. Has other risks too. It is not a free lunch.
To protect real estate from DOJ and AG just in case...
TRTC is not in a real estate business.
At this moment it makes more sense and better judgment - invest in TRTC's development and expansion - not a real estate.
This post was about Green House, not land. Yes, TRTC has a lease on land.
I think your post is misleading. TRTC owns a "Green house" in Belvidere, NJ.
Please, show us a link regarding "Green House" sale.
Federal agents meet with Colorado officials on cannabis policy:
https://mjbizdaily.com/federal-agents-meet-colorado-officials-cannabis-policy/
Thank you for your post. Problem with quotes was fixed.
On my Scottrader account quotes on TRTC, MJNA, PNTV and some other tickers are missing.
Some of your posts warned , that Blum Reno dispensary will not be allowed to sell recreational cannabis. Today we know the Truth.
Your posts:
Post # 213632
Post # 213474
Time will tell.
Correction to your post:
"The sales surpassed any of our expectations. To put it in perspective; in 2011 our company's total revenue was about $500,000. Yesterday through our 4 retail facilities in Nevada and our continued strong performance in Oakland we did about half what we did in all of 2011 in a single day!"
CEO of TRTC DP
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12157127
ROSS STEVEN J is not CEO, but one of TRTC directors.
0.1877 to close a gap.
A banner day as Nevada begins recreational marijuana sales:
https://mjbizdaily.com/banner-day-nevada-begins-rec-marijuana-sales/
Thank you from the bottom of my heart for your contribution to better inform investors about TRTC.
I am very pleased with some new additions to TRTC's inbox/ introduction page. They are very informative.
I would like to thank TRTC moderators for a superb job.
Nevada recreational marijuana sales to launch Saturday:
https://mjbizdaily.com/nevada-rec-marijuana-sales-launch-saturday/
"But what that does it allows us to buy out the membership interest of our partners for basically at ZERO value. " CEO of TRTC DP.
Link:
https://seekingalpha.com/article/4059567-terra-techs-trtc-ceo-derek-peterson-q4-2016-results-earnings-call-transcript?part=single
FACT and only FACTS. DP's answer regarding BLUM's ownership in Nevada:
"Okay. And last question will Terra Tech's percentage of ownership of 60%, 50% and 55% respectively change in the future and all of three of the MediPharm Nevada subdivisions?
Derek Peterson
Okay, that’s a great question. It’s actually I mean it’s a relatively complex question, but the short of it is this. Our Reno dispensary is a true 50-50 partnership. We get a 100% of the revenue we are 50% essentially of the profits to our partner up there. The other locations according to the operating agreements we basically have the right to a 100% of the revenue and 100% of the profits as the majority interest holder of those subsidiaries, we have a right to buy out the membership interest of the other holders at a value associated with our capital accounts.
And what that means in English is right now because we've spent a tremendous amount of money in Nevada, sales are just starting to ramp up, we have a historical expense in the state that hasn't been made up yet by net income, we think that obviously will be fixed as time goes on with the implementation of recreational cannabis. But what that does it allows us to buy out the membership interest of our partners for basically at zero value.
So one of the reasons we wanted to keep those partnerships in place was because of the local ownership regard that the local community have but we built enough credibility with a local government, the state where Nevada Corporation ourselves – continue to value add to have the partnership like that.
So something that we’re working on is to assume a 100% of those entities it’s not going the cost us any capital to do that according to the operating agreement that we put forth. And that being said, I guess that’s something that we’re going to be executed, I think on over the next quarter or two just to clean up the accounting associated with that.
So those ones with the exception of the Reno dispensary will be a 100% owned by the company but as we sit right now we’re entitled to 100% of the revenue and 100% of the profits that come out of that entity."
So one of the reasons we wanted to keep those partnerships in place was because of the local ownership regard that the local community have but we built enough credibility with a local government, the state where Nevada Corporation ourselves – continue to value add to have the partnership like that.
So something that we’re working on is to assume a 100% of those entities it’s not going the cost us any capital to do that according to the operating agreement that we put forth. And that being said, I guess that’s something that we’re going to be executed, I think on over the next quarter or two just to clean up the accounting associated with that.
So those ones with the exception of the Reno dispensary will be a 100% owned by the company but as we sit right now we’re entitled to 100% of the revenue and 100% of the profits that come out of that entity.
Info from : "Terra Tech's (TRTC) CEO Derek Peterson on Q4 2016 Results - Earnings Call Transcript"
https://seekingalpha.com/article/4059567-terra-techs-trtc-ceo-derek-peterson-q4-2016-results-earnings-call-transcript?part=single
Nevada retailers still targeting July 1 rec marijuana start amid uncertainty:
https://mjbizdaily.com/nevada-retailers-still-targeting-july-1-rec-marijuana-start-amid-uncertainty/
FACTS and only FACTS. DP's answer regarding BLUM's ownership in Nevada:
"Okay. And last question will Terra Tech's percentage of ownership of 60%, 50% and 55% respectively change in the future and all of three of the MediPharm Nevada subdivisions?
Derek Peterson
Okay, that’s a great question. It’s actually I mean it’s a relatively complex question, but the short of it is this. Our Reno dispensary is a true 50-50 partnership. We get a 100% of the revenue we are 50% essentially of the profits to our partner up there. The other locations according to the operating agreements we basically have the right to a 100% of the revenue and 100% of the profits as the majority interest holder of those subsidiaries, we have a right to buy out the membership interest of the other holders at a value associated with our capital accounts.
And what that means in English is right now because we've spent a tremendous amount of money in Nevada, sales are just starting to ramp up, we have a historical expense in the state that hasn't been made up yet by net income, we think that obviously will be fixed as time goes on with the implementation of recreational cannabis. But what that does it allows us to buy out the membership interest of our partners for basically at zero value.
So one of the reasons we wanted to keep those partnerships in place was because of the local ownership regard that the local community have but we built enough credibility with a local government, the state where Nevada Corporation ourselves – continue to value add to have the partnership like that.
So something that we’re working on is to assume a 100% of those entities it’s not going the cost us any capital to do that according to the operating agreement that we put forth. And that being said, I guess that’s something that we’re going to be executed, I think on over the next quarter or two just to clean up the accounting associated with that.
So those ones with the exception of the Reno dispensary will be a 100% owned by the company but as we sit right now we’re entitled to 100% of the revenue and 100% of the profits that come out of that entity."
So one of the reasons we wanted to keep those partnerships in place was because of the local ownership regard that the local community have but we built enough credibility with a local government, the state where Nevada Corporation ourselves – continue to value add to have the partnership like that.
So something that we’re working on is to assume a 100% of those entities it’s not going the cost us any capital to do that according to the operating agreement that we put forth. And that being said, I guess that’s something that we’re going to be executed, I think on over the next quarter or two just to clean up the accounting associated with that.
So those ones with the exception of the Reno dispensary will be a 100% owned by the company but as we sit right now we’re entitled to 100% of the revenue and 100% of the profits that come out of that entity.
Info from : "Terra Tech's (TRTC) CEO Derek Peterson on Q4 2016 Results - Earnings Call Transcript"
https://seekingalpha.com/article/4059567-terra-techs-trtc-ceo-derek-peterson-q4-2016-results-earnings-call-transcript?part=single
4 Reno MMJ dispensaries could be first in NV to sell rec marijuana:
https://mjbizdaily.com/reno-medical-marijuana-dispensaries-first-nv-sell-rec/
I choose to disagree with you regarding TRTC, KS*HB and some other "real" companies.
This is one of the the best ways to inform investors in small cap companies. .
Here is a link for you:
http://smallcapvoice.com/blog/1-15-16-smallcapvoice-interview-with-terra-tech-corp-trtc/
P.S. Pay attention to 3:30- 3:45 time frame.
CEO of TRTC DP recused himself from negotiating a deal to buy BLUM Oakland dispensary, because he owned small part of it. This info is well documented.
1-15-2016 Small Cap Voice interview with Terra Tech Corp (TRTC), posted on January 18, 2016.
Here is a link:
http://smallcapvoice.com/blog/1-15-16-smallcapvoice-interview-with-terra-tech-corp-trtc/
P.S. Pay most attention to 3:30 -3:45 time frame.
You do compare TRTC to Green Leaf Farms Holdings, LLC, a majority owned subsidiary of Player’s Network, Inc.?
Some DD on PN*TV:
Market Value $63,442,471 a/o Jun 16, 2017
Authorized Shares 1,200,000,000 a/o May 31, 2017
Outstanding Shares 551,673,658 a/o May 31, 2017
Employees 3 a/o Jan 30, 2016.
PN*TV"s Unaudited revenue for 1Q 2017 - $91.
Congress is considering a bill that would expand Jeff Sessions’s power to escalate the war on drugs:
https://www.washingtonpost.com/news/wonk/wp/2017/06/16/congress-is-considering-a-bill-that-would-expand-jeff-sessions-power-to-escalate-the-war-on-drugs/?utm_term=.0b14d615b4ea
I did my DD.
Dear "O2 addict":
I would like to correct your misleading post.
CEO of TRTC DP recused himself from negotiating a deal to buy BLUM Oakland dispensary, because he owned small part of it. This info is well documented.
Nevada firm picked to run LSU’s medical marijuana program:
https://mjbizdaily.com/nevada-firm-picked-run-lsus-medical-marijuana-program/
Scott Sterling was the CEO of GrowLife on April 10, 2014 when the SEC suspended trading of PHOT shares.
On January 17, 2012,Craig Ellins, the Registrant’s Executive Chairman, was appointed as the President and Chief Executive Officer, Chief Financial Officer and Secretary of the Registrant, Phototron, Inc. and Growlife, Inc.
https://www.sec.gov/Archives/edgar/data/1161582/000130841112000006/form8k120117.htm