Saturday, April 01, 2017 8:12:48 AM
They will likely exceed $50M in revenue this year with only 6 months of NV rec. sales and no CA rec. sales included.
When they:
1. Add San Leandro late this year
2. add a dispensary (or several) in San Diego, Los Angeles as is the intent as stated on the call, this year
3. Build out IVXX extraction facility for capacity increase and expand distribution
With all of this in place, 2018 full rec. in both CA and NV for the full year, $150M-$200M is not out of the question.
The dilution has almost certainly stopped, with $9M on the books to fund this year and stable cash flow from Ops coming in on a continuous basis. 500M-600M shares is a fantastic share count for where they are heading.
This is a growth story. An amazing growth story. And profitability is a given for MJ, in time. Enterprise value is, QUITE SIMPLY, all about profitable growth.
TRTC is growing like gangbusters in the most profitable and largest emerging economic sector.
Bet against them at your own peril. Seriously...
Puma
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