Thursday, December 04, 2014 1:27:58 PM
First, sorry for the lengthy post, only one post a day for me
DP, if he made these statements, is absolutely correct. It makes the company look terrible and would place it in political tensions with local and state officials. This could have some negative unintended consequences. TRTC brand is absolutely important.
The CC dispensaries, as others on this board have noted, are not that important. DP needs to get the cultivation and production facilities moving (and fast) because dispensaries will need product and if TRTC is the first to the market with medicine, they will capture a significant amount of the dispensary business from other companies. TRTC MUST FOCUS ON CULTIVATION AND PRODUCTION!
When the first crop is announced, then you will see TRTC in the .70 - .80 range. However, this range could double or triple depending on the California case, when Judge Mueller will hopefully rule in favor of our industry and state that it is unconstitutional to schedule mj with heroin, etc. This is the big deal. This is what will bring new money to the industry, and pps will rise with TRTC taking the lead. [yes, the ruling does not mean that mj is or will be legalized, but the ruling will open the door for other lawsuits and Congress will be forced to change the law - and as people recognize this will want to get in at these low levels.
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