Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
where is all the love today
early shake out after a 25% up day and now back up.
it gave the mm's a chance to get themselves right now ready to go up.
brings you back to Friday what's up...
it got a lot of money dumped into it on Friday
feels like something is getting ready to pop
you can see the change happen now with cbd moving as we speak and MJ not far behind
Take the tour... see what is really in Las Vegas and check out the competition and see what they do (good and bad) check their prices and also the staff, some places look like they have no diversity.
Try:
Pisos by UNLV not far from Blum
The Apothyecary Shoppe by The Palms
Reef Dispensary behind TI
LV ReLeaf by SLS
The Dispensary in Hendersen
Shango out by Sams Town...They grow on the property what Blum in OC/SA could be
NuWu...it is the big one, price is low, North of Downtown on "The Res" property...this is not the best area of Vegas
Have fun shopping and let us know
shoulda coulda woulda, did ya...had to be quick to get it in the $3s
looks like we found the bottle of Viagra
Great Post.... Highway Star
Thanks for your DD
Mags were are you pulling this one from?
Looks like old cut and paste stuff
Highway Star... What a fool you are
Shine on you crazy diamond!!!
And I thought it was Rodger Waters
Tell us more about only the front row
Don't stop now have another shot
time to go get out the 100's and give them to the homeless on the way to see Ronnie
don't get lost in the parking lot you patrol
you are the greatest budtender in the world!!!!
do we all want to here more about you and the great man you are
or
are we here to find out about TRTC and the great things that are happening now and in the works
Well said AC
Just like McDonald's or even Subway..Gotta own one to build one
Usually if you sale a low volume unit you have a few others in the market and you have set up expansion already.
Oh! Looks like TRTC has already done this in the Vegas Market... DP and the Boys using the McDonalds/Subway playbook
This could be the start of a run/upswing in the US MJ stocks
I was Las Vegas at Labor Day and went to the Decatur Blum they had hours of the the 3 locations posted. Western had reduced hours but was open.
What did we learn from the call today
Work on earning millions, not saving hundreds
Be addicted to growth and development
Partner with or hire "A players"
What we hope DP has learned
Build a business, not a lifestyle
My Oh My.. that has happened in NV already!!
You have to own a Dispensery to build a new one.
and
if you want into the game in Vegas you need $6,000,000 to buy a low volume location that is up and running just to be able to summit for an additional licence.
Peterson doesn't have the cash to make that kind of buy.
DP lives pay check to pay check and has a young family and trying to clime the Mountain of life of wants and needs. He sill working on needs.
Gladstone has played the game and won a few and lost a few but when you have had 400 stores I would think he put some of the winnings away.
Nahass is older further up the Mountain of life. He doesn't seem to be living pay check to pay check. He probably acquired many of his needs and still has wants. That is why he hasn't sold his shares like DP has and has the most shares of anyone.
The game DP and Nahass is playing is can I become a Multi-Millionaire
and to do it you pump everything into growth while you can and when the industry is at its beginning.
No different than McDonald's franchisee did in the 60's and 70's or Subway Franchisee in the 80's and 90's...Build it while you can or somebody else will.
Now you or I could not go out and build a new McDonalds or Subway...You gotta own one to build a new one
TRTC and Elon Musk together could it be true....
is Tesla Big Dog ready to get into the MJ movement
https://www.cnbc.com/2018/09/07/tesla-sinks-8percent-after-bizarre-musk-podcast-appearance-cao-exit.html
you are correct with the timing...something is in the works
This is the set up of major growth or a large acquisition...
Been done by companies before
It looked like a dump and buy by a large holder, group or/and MM.
When a OTC/Penny is near a low they will sell heavy at open to get the weak hands to follow. When they see a bottom they buy back all and more of what they sold. (they moved the market going down and up) 750K shares traded the first hour and 500K shares traded the rest of the day.
A .20 move or 12% in 4 hours.
This was done in the movie Trading Places.
IMHO...you are wrong. It is Green not red. If you where correct we would still have the selling pressure and be in the $1.50s and RED
750K in the first hour...What's up
Mags... was it BBQ or Mexican food last nite
Cause you must have had some wild dreams to come up with that post
can you tell us the annual revenue of both location.
Blum Oak about 15,000,000 to $18,000,000
Western less than $2,000,000
Google Dispensary for sales in CA and see how much a $15,000,000 annual revenue goes for now days.
Do some DD before you make false posts
Give me the old freaking joint....I'll smoke it
Never found an old fattie I didn't want to smoke or poke
many weed stocks up today
Mags..oh sorry KD
I believe the key word is additional
The cannabis-focused agricultural company doesn't expect to tap the capital market for additional funding
old saying look before you leap
kinda like doing DD on the drinks before making false posts
6 Cannabis Companies Make Their Investment Pitch
9:22 am ET August 18, 2018 (Benzinga) Print
Six cannabis executives gave investors their elevator pitch in demos Friday at the Benzinga Cannabis Capital Conference in Toronto.
Ianthus: ‘The Tide Is Turning’
Ianthus Capital Holdings Inc. (OTC: ITHUF), a vertically integrated cannabis operating company with operations in six states, is excited for the future of an industry for which the “tide is turning,” CFO Julius Kalcevich said during the conference. The industry is seeing support from all levels of government, including President Donald Trump, the CFO said.
The estimated market demand for recreational cannabis is $50 billion, which is more than double the market for doughnuts at $19.9 billion, he said. To target this market, the company's "winning formula" is simple, Kalcevich said: avoid large markets like Denver and focus in "somewhat muted" markets where competition is limited.
Aurora Cannabis: Focus On The 'Real Big Prize'
Canada is certainly a big market for Aurora Cannabis (OTC: ACBFF), but the company is focused on the international market, which is the "big prize," said Marc Lakmaaker, Aurora's vice president of investor relations.
Europe is "much more compressed" compared to Canada, and the U.S. market is "fragmented," he said.
An estimated 2.5 percent of any country's population will use medical cannabis, so a country like Germany — with a population of 82 million people — should have a market of 2 million, Lakmaaker said.
Patience may be required for investors, but "today is the smallest the cannabis industry is going to be — and I'm going to say the same tomorrow," the VP said.
Medicine Man: 'Everyone Can Grow'
There is no wrong way of growing cannabis, but only companies with the lowest cost producers with high quality will thrive in the market, Medicine Man Technologies Inc. (OTC: MDCL) CEO Brett Roper said in Toronto. Medicine Man's aim is to help companies come online in the cannabis market at reasonable prices, he said.
"If you don't keep track of what's going on, don't find good teams, good cultures, you are going to miss out," the CEO said.
His best advice for companies: follow what General Motors Company (NYSE: GM) does. The automaker doesn't manufacturer brake pads for their cars — they assemble finished products, Roper said.
Golden Leaf: Cannabis As 'Health And Wellness'
The cannabis industry should evolve away from the "stoner culture and bongs" and focus on how cannabis can be used within the "health and wellness" space, said Golden Leaf Holdings Inc. (OTC: GLDFF) CEO William Simpson. Many people are open to taking multiple Advils a day, but will never consider cannabis as an alternative, he said.
People whoo are converted from an anti-cannabis stance will become the "strongest advocates" for the industry and be motivated to tell others, he said.
Terra Tech: 'Beyond Irritating' Stock Performance
Shares of Terra Tech Corp. (OTC: TRTC) were hard-hit over the past year, peaking at $9.45 and now trading near the $2 level. The move is "beyond irritating," said CEO Derek Peterson.
The cannabis-focused agricultural company doesn't expect to tap the capital market for additional funding, even though its best years are ahead, he said. Over time, the market should correct itself and create a better form of equalization, Peterson said.
Cannex Capital: The ‘$100 Wine’ Of Cannabis
Cannex Capital Holdings Inc (OTC: CNXXF) has a simple business model: build a consolidated portfolio of high-quality assets with a focus on manufacturing, extraction and distribute at scale, said CEO Anthony Dutton. What sets the company apart is that it wants to be the “$100 wine” that attract the most discerning customers who know how to find quality, he said.
Before commanding a premium price, the company knows that brand is important — but what's more important is “what goes on behind the brand," Dutton said.
Related Links:
State Of The Industry: Tim Seymour Leads Investment Panel At Cannabis Capital Conference
Pure Global Cannabis Bets On International Growth With Avicanna Stake
© 2018 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Shares of Terra Tech Corp. (OTC: TRTC) were hard-hit over the past year, peaking at $9.45 and now trading near the $2 level. The move is "beyond irritating," said CEO Derek Peterson.
The cannabis-focused agricultural company doesn't expect to tap the capital market for additional funding, even though its best years are ahead, he said. Over time, the market should correct itself and create a better form of equalization, Peterson said.
Is TRTC expanding to Florida?
I must of missed the PR on it.
I thought it was CA, NV and NJ
the Company issued Mr. Gladstone options convertible into 24,750 shares of Common Stock with a $2.02 exercise price and vesting over a three-year period.
You can check the compensation package for each insider and see when and how much stock they receive. ( it is not like Hey it is Tuesday today let's get some stock today)
They also have to be vested to get it.
so if I read it correctly
Alan G makes $100,000 a year and got $50,000 in stock
but
he has to work for 3 years to be vested to get the 24,750 shares of stock
they do and the buildings too
Santa Ana is better locations
https://www.bizquest.com/business-for-sale/medical-marijuana-cannabis-turn-key-dispensary-w-5-licenses-sacramento/1387446/?q=bHR5cGU9NDAmbz0xJmt3aWQ9ODc2NzY4&psn=10
https://www.bizquest.com/business-for-sale/marijuana-cannabis-dispensary-real-estate-cultivation-manufacturing/BW1526064/?q=bHR5cGU9NDAmbz0xJmt3aWQ9ODc2NzY4&psn=17
both hot listings
How much do you think a turnkey dispensary for sale in CA goes for.
Google it and find out...(turnkey dispensary for sale in CA)
My Oh My.... $20K a day in sales or $7.5 million a year goes for $20,000,000 and $15 million looks like a low price.
That would make BLUM/Oak worth about $40 million or more.
(who said TRTC paid too much for the BLUM/Oak dispensary)
They could sale the 2 new Santa Anna locations as they are now (real estate, permits and license) for more than the $25 millions each
They could sale the 2 new Santa Ann locations as they are now (real estate and permits) for more than the $40 millions
TRTC turning the ship.
It looks as if TRTC and DP are learning.
I believe DP and the boys started TRTC thinking get it up get it going and they will make a 100 million.
As DP and the Boys have had their winners they have had their sinners too.
One thing they did do right was put out a Quality Product...BLUM
When they picked upped Alan G they seemed to start to make smarter deals. Alan a Businessman who would generate a P&L for every store every Monday morning compared to wallstreet stock guys.
Maybe they have learned if you are going to make 100 million you got to make a dollar first and then stack those dollars and they will become millions.
The deal announced today was smart.
Not only did they pick up 25% . They get to run the place too.
and
I would think they will have as much XXIV/BLUM/TRTC products as they can jam into that location for sale.
How much do you think it cost TRTC to get the permit $100k or less.
another permit
Terra Tech Corp. Secures Stake in 10th Retail Permit
8:33 am ET July 26, 2018 (Globe Newswire) Print
Terra Tech Corp. (OTCQX:TRTC) ("Terra Tech" or the "Company"), a vertically integrated cannabis-focused agriculture company, is pleased to announce that it has secured a 25% ownership stake in The Healing Tree Collective, Inc., a cannabis dispensary operator based in California. On July 23, 2018, The Healing Tree Collective was awarded a retail permit associated with a facility on W. Pendleton Ave, Santa Ana, by the City of Santa Ana. The remaining 75% of The Healing Tree Collective, and therefore the associated permit, is held by other members of the collective, with whom Terra Tech partnered in order to complete the permit application process.
Under the terms of the agreement between Terra Tech and the other members of The Healing Tree Collective, Inc, Terra Tech covered the costs of the permit application and Terra Tech's wholly-owned subsidiary, Black Oak Gallery, will be responsible for managing all of the facility's operations, including hiring decisions. The facility is located at 3222 W. Pendleton Ave, Santa Ana, California, an area of Santa Ana in which Terra Tech did not previously have a presence.
Derek Peterson, CEO of Terra Tech, commented, "We are pleased to have leveraged our know-how and experience in the Santa Ana market to secure this retail permit with The Healing Tree Collective, without needing to expend significant time or resources to do so. As the cannabis market continues to mature we expect these permits to become more valuable. We believe that maximizing our first mover advantage by securing a stake in this permit may lead to additional revenue opportunities in the medium and longer term."
This follows the Company's announcement earlier this week that it was granted two other permits by the City of Santa Ana to operate one retail dispensary on Dyer Road and one on Carnegie Avenue in Santa Ana, California.
To be added to the Terra Tech email distribution list, please email TRTC@kcsa.com with TRTC in the subject line.
About Terra Tech
I must of read it wrong
7/5/18 50k at $1.79
https://ir.terratechcorp.com/all-sec-filings#document-5624-0001477932-18-003355
TRTC a work in progress
All Businesses are a work in progress. It just depends if they are going in the correct direction.
It has been written that the purchase of Oak/Blum at 1.5 x sales was bad.
and
The LV Western sale was bad.
But
I've been to the Western location a few times and don't think they were even at $1.5 to $2 million per year.
So 3 to 4 times sales as a sale price has to be good for a B location. ( I would think the buyer paid a premium to get into the market.)
It seems that it easier to get a license from a city if you already have a location in the city...
Santa Ana looks like they bought a B location to open 2 A locations
So is TRTC and DP learning how to run a business?
Is this the bottom?
Did Alan G spend $100,000 as a PR stunt or does he think TRTC is moving in the right direction
Did MazelTov not cover when he should have
was shopping this past week in Las Vegas. We went to 5 stores while we were in town and found there was plenty of supply but the price is high... up about 80% from last Summer. I was there at the start of May and price was only up about 30% to 40% then... $20-$25 for a gram. $60 for an 1/8 and $350 for an OZ
Read where MEDMEN picked up an NV retail location that is open for $10 Million. Should only cost around $2 million for a BLUM build out. $2 Million seems high (BLUM does have a nice store compared to others) but better than $10 Million for a B location that is open.