Blum Holdings Inc (BLMH)

[DD8]

TRTC is one of a few cannabis companies expanding its business (not just selling stock).

First - it cost money to pay employees (154 a/o Dec 08, 2016), to build dispensaries, labs, cultivation, production facilities, legal fees and etc.
To compare with just a few companies: MCI* (Employees 5 a/o Sep 09, 2016)or MJN*(Employees 29 a/o Apr 15, 2016).

Second - MM knew, that TRTC will need money to sustain and expand business (that TRTC will use so called "dilution"). MM were heavily shorting TRTC stock. Info from Finra web:


Settment date: Current short:


02/15/2017 TRTC 5,487,676
01/31/2017 TRTC 5,866,999
01/13/2017 TRTC 6,405,150
12/30/2016 TRTC 5,980,010
12/15/2016 TRTC 5,683,189
11/30/2016 TRTC 5,583,604
11/15/2016 TRTC 4,726,559
10/31/2016 TRTC 4,176,077
10/14/2016 TRTC 4,262,672
09/30/2016 TRTC 3,854,743
09/15/2016 TRTC 3,904,711
08/31/2016 TRTC 3,933,228
08/15/2016 TRTC 1,946,677
07/29/2016 TRTC 2,256,168
07/15/2016 TRTC 2,174,735
06/30/2016 TRTC 2,293,806
06/15/2016 TRTC 2,142,787
05/31/2016 TRTC 2,024,352
05/13/2016 TRTC 2,716,728
04/29/2016 TRTC 2,859,631
04/15/2016 TRTC 1,432,586
03/31/2016 TRTC 1,614,770
03/15/2016 TRTC 113,174
02/29/2016 TRTC 215,113
02/15/2016 TRTC 25,624

TRTC stock high was on 4/18/2016.