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Ex-Chairman was dumping a ton of stock for months without disclosing it:
https://ih.advfn.com/p.php?pid=nmona&article=75025770
Cannabis attorney expects court decision on 280E by ‘end of year’:
https://mjbizdaily.com/lawyer-expects-court-decision-cannabis-tax-law-280e-end-year/
Cannabis social media site MassRoots needs $5M to stay afloat:
https://mjbizdaily.com/cannabis-social-media-site-massroots-posts-loss-running-low-capital/
Merkley bill would give cannabis businesses access to banks:
http://www.ktvz.com/news/merkley-bill-would-give-cannabis-businesses-access-to-banks/503120611
Marijuana Business Conference & Expo kicks off with Trump a focus of industry executives:
https://mjbizdaily.com/marijuana-business-conference-expo-kicks-off-trump-focus-industry-executives/
"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."
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
"Our permit application team turning in our city of Las Vegas adult use application. We can't wait for July 1!" (from TRTC facebook):
https://www.facebook.com/terratechcorp/photos/a.284915881559731.90316.284907041560615/1511229595595014/?type=3&theater
Nevada now accepting early start marijuana business applications:
https://mjbizdaily.com/nevada-early-start-rec-marijuana-business-applications-available/
Minnesota medical cannabis companies losing millions:
https://mjbizdaily.com/minnesota-medical-cannabis-companies-losing-millions/
CW Analytical Cannabis Test Data Integrated into Weedmaps:
https://www.newcannabisventures.com/cw-analytical-cannabis-test-data-integrated-into-weedmaps/
Everybody can make own opinions based on some facts.
Some DD on quick comparison between TRTC and Kaya Holdings inc. (KAY*):
1. KAY* is notorious for reporting late. TRTC - not.
https://www.sec.gov/cgi-bin/browse-edgar?company=kaya+holdings&owner=exclude&action=getcompany.
2.Kay* is selling recreational cannabis products in Oregon state already. .
TRTC will be selling RC products in NV (starting July, 2017) and California (for profit and recreation starting January, 2018).
3. Is Kay* paying 280E taxes ?
TRTC is paying 280E taxes.
Any info on SGB*'s lab in Nevada, not company headquarters location?
Nevada has publicly traded, testing lab company - Digipath Inc. (DIG*) already:
http://digipath.com/
P.S. Enjoy the ride. Any info, that SGB* is in Nevada?
Trump, the Business, Is Hosting a Cannabis Real Estate Seminar:
https://www.leafly.com/news/politics/trump-business-hosting-cannabis-real-estate-seminar
Recreational marijuana legalization drive launched in Michigan:
https://mjbizdaily.com/recreational-marijuana-legalization-drive-launched-michigan/
Trump makes first statement about medical cannabis as president:
https://mjbizdaily.com/trump-makes-first-statement-medical-cannabis-president/
Terra Tech Corp. to Present at the 2017 Canaccord Genuity Cannabis Conference on May 10th:
http://www.terratechcorp.com/news-media/press-releases/detail/187/terra-tech-corp-to-present-at-the-2017-canaccord-genuity
Kush Bottles Canaccord Genuity Cannabis Conference Presentation on May 10th too.
Please, do your research and help us with answer. We know, you can do it. You are the best - searching and finding ...
Do you really believe, that SGBY's client won license in TX?
GB Sciences - ranking 5th and Alamo CBD - 16th.
Any info, doc on - who was SGBY"s client?
Texas CBD Licenses Awarded Conditionally to Top Three Scorers:
https://www.newcannabisventures.com/texas-cbd-licenses-awarded-conditionally-to-top-three-scorers/
Question: Where is SGBY"s client in this scoring?
You didn't mention, that owner payers real estate tax, insurance...Real estate has own risks...
Anybody interested in real estate of cannabis sector - can buy IIP* - publicly traded company.
Some corrections to your post:
"Philip Carlson
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".
Info from Terra Tech's (TRTC) CEO Derek Peterson on Q4 2016 Results - Earnings Call Transcript (March 31, 2017).
Medical cannabis businesses get breathing room after Congress extends key protections:
https://mjbizdaily.com/congress-action-medical-cannabis-protections-gives-industry-breathing-space/
Congress Denies Jeff Sessions From Going After State Medical Marijuana Laws:
https://www.medicaljane.com/2017/05/01/congress-denies-jeff-sessions-from-going-after-state-medical-marijuana-laws/
Critical Marijuana Policy Provisions Extended In Omnibus Bill:
http://www.weednews.co/critical-marijuana-policy-provisions-extended-in-omnibus-bill/
Weekly Legislative Update 4/29/17:
http://blog.norml.org/2017/04/29/weekly-legislative-update-42917/
5 high-paying marijuana jobs in the legal cannabis industry:
http://www.cnbc.com/2017/04/20/5-high-paying-marijuana-jobs-in-the-legal-cannabis-industry.html
Canadian producer’s purchase of Florida CBD company in danger:
https://mjbizdaily.com/canadian-producers-purchase-florida-cbd-company-danger/
5 Things Trudeau’s Cannabis Interview Made Clear:
https://www.leafly.com/news/politics/5-things-trudeaus-cannabis-interview-made-clear
Thank you for the very important info regarding MJ sector in general.
Las Vegas may loosen MMJ dispensary rules, allow later hours:
https://mjbizdaily.com/las-vegas-may-loosen-dispensary-rules-allow-later-hours/
Last Settlement Date for TRTC's Equity Short Interest - April 13, 2017.
Exchange Receipt Date- April 25, 2017. Info from FINRA.
http://otce.finra.org/ESI
Short interest is calculated: short interest between two settlement dates divided by the average daily share volume traded between short interest settlement dates. Info from:
Read more: http://www.nasdaq.com/quotes/short-interest.aspx#ixzz4edEVQgs4
Correction to your post:
From 03/31/2017 to 04/13/2017 TRTC's shares traded:
3/31/2017 3,210.001.
4/3/2017 9,556.027.
4/4/2017 5,956.611.
4/5/2017 2,762.621.
4/6/2017 4,412.131.
4/7/2017 2,983.002.
4/10/2017 6,342.531.
4/11/2017 5,024.843.
4/12/2017 3,338.827.
Total: 43,486.594.
Conclusion :
MM Equity Short Interest in TRTC was about 15%.
P.S. Info from ScottradeElite.
Some DD on KAYS:
Authorized Shares 500,000,000 a/o Dec 31, 2016.
Outstanding Shares 117,076,795 a/o Dec 31, 2016.
Info from KAYS's 10K for 2016 year.
KAYS filed 10K with an extension.
Due date for KAYS's 10K 2016 year was March 31, 2016.
MM Equity Short Interest in TRTC :
From 03/31/2017 to 04/13/2017 " 6,427,885."
From 04/13/2017 to 04/28/2017 - info will be undated on April 25, 2017.
Info from FINRA:
http://otce.finra.org/ESI
Due time for an extension - KAYS's 10K for 2016?
How Republicans and Democrats in Congress are joining forces to defeat Sessions’ war on weed:
https://www.yahoo.com/news/republicans-democrats-congress-joining-forces-defeat-sessions-war-weed-092026350.html