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Lets keep playing this game I think we close at .50 tomorrow. Anyone else care to take a stab?
$3200.00 imight be the price today for wholesale but google average wholesale price for pot and you get $1500.00. Thats besides the point because trtc will not wholesale any pot this year. Reasons for my opnions on this are they cant grow enough to keep up eith their own needs if they could they wouldn't be signing craft cultivators. The term craft cultivator is just spraying perfume on shit. Its just a way of saying we are paying to much for pot because we never built out propper cultivation.
My dad, my uncle and about ten friends laughed at me when i said im buying pot stocks you should too. I sent the a few screen shits of my daily gains this past week now they all are kicking themselves.
Lets play the guessing game. My guess is .46 close today. I also guess it goes as high as .6 before the fall in about 10 days. I hope Im wrong because Cali is just to big for me to comprehend. What do you people think?
Not going to happen is a foolish statement. Try not going to happen untill 280E or scheduling changes or might take both. If both those change hype alone will bring it over a 2 billion evaluation.
It can improve family life by not putting non violent parents behind bars for smoking pot.
The only thing I'm not happy with is the cultivation side of the company. I totally agree with the insider sales. Derrick holds about 2.5 million in trtc. In order for his illigle pot stocks portfolio to equal the same ratio my pot stocks equal he would have to be worth 25 million dollars. Have you ever heard don't put all your eggs in one basket. I'm assuming he's not worth 25 million. It just makes since to diversify.
Approved for up to...... How much is there now?
The farm the one you say on 6 acres is a joke. They do not have 6 acres of grow space .
Show me where they are actually building any production or cultivation the Nu leaf is a loan that might never be a partnership
How big is nj green house? trtc pot grows are micro
Just go on weed maps and give Blum a 5 star rating
Please explain 700k . It is a bold face lie. Trtc only owns a few small soon to be outdated warehouses grows. The big grow your talking about is a contract to buy the pot produced. And they have the room to expand up to 600k in grow space but are currently growing on a much smaller foot print. My family is in farming and a warehouse grow is for hiding. As the market matures and becomes more socially acceptable and politically acceptable a warehouse grow will be unprofitable especially one where land is high cost. Much cheaper to ship a semi load from a low cost agriculture area. Then grow in the city.
Trtc pays wholesale price for product I'm guessing between $1500 to 2k a pound. If the store next store grows their product for $800 a pound (DP said this is the cost to grow it) how can we win market share. Also if I was a grower that owned my own dispensary I'm going to whole sale the worst product and sell the best in my shop at retail prices. SO by not producing our own product we are fighting a up hill battle.
CANNA med is worth about 110,000,000.00 shares of Aurora. SO the dilution is only coming from the 60,000,000.00 share premium we are paying. I understand that there are more issued shares now but for 110,000,000 of those shares we will receive equal equity worth of cmed
It's only diluting the stock at the 53 percent premium because the market has determined that the rest of the shares given in the deal will be recieving a company of equal value.
CASH IS KING. Use stock if you can
Cultivation needs to be on cheap agricultural ground. The price of pot is falling and will continue to. Only low cost efficient grows will be profitable in the long run. Any city built grows at this point in my opinion is not intelligent.
https://www.fool.com/investing/2017/12/02/jeff-sessions-may-be-6-days-from-declaring-war-o-2.aspx I'm long trtc and will be buying another 25 thousand shares this week. I'm hoping 50 thousand shares gets me a 100k by this time next year but would be happy with 50k. I just don't think a federal crack down will come.
90 percent of business owners I talk to like Trump. I believe business owners are the most important and smartest group of people in our country.
How? They need more capitail to expand. I would like to see more shares authorized. Then see the money spent on a high efficiency green house with monster production capabilities. Something like aura sky. To say they need to buy back shares makes me laugh at any one who believes it or thinks it's possible.
Only 1500 here very unfortunate bought at .5 sold at .88 bought again at 2.48 on April's high.
How much is his net worth? His stock converts to about $ 2 million cash. In order for his holdings to convert at the same rate as my holdings in pot stocks he would have to have a net worth of 40 million. What percentage of your net worth is in pot stocks? It is s federally illegal company. I know if I was in his shoes I would like diversification.
Mr. Blaze ive listened to the last 8 conference calls what your talking about is DP's words. I'm talking about words from a conference call about 1.5 years ago. Only time will tell if the current set of words will become facts. I know that the particular set of words I'm talking about never became facts. I don't want shelf space in a handful of dispensaries. I want it in all of them. If u sell concentrates to dispensaries at the same cost they can make it at. All dispensaries will stock it. Then when customers start asking for it by name you can slowly raise the wholesale price.
Easiest way to capture market share would be to produce at cheapest cost then wholesale ivxx at cheapest cost. It befuddled me that there is still no production in Vegas. But we have a loan to own half... well only if everything goes to plan if not they just pay the loan back at 6%.
Long TRTC but where are the Vegas grow you promised would start being built after rec vote passes?