Friday, May 26, 2017 7:46:20 AM
ALL TRTC dispensaries are losing huge amounts of money.
Rec in Cali is not worth as much as in other states. Basically you can get a medical card in Cali for a hangnail or similar such minor problem.
SEC violations??? Check out what the Treasurer and wife of CEO Derek Peterson (Opedisano is his alias) did two years ago. Illegally selling stock of TRTC. She was fined. There was also another insider who acted similarly.
Fact is that in Nevada TRTC was required to partner with locals. So TRTC only owns around half of their money losing dispensaries. They also will be met with severe competition in the state as their are many other open dispensaries. Money continues to flow to insiders though.
Wait 4 years and maybe the political climate will change. Until then TRTC is a money loser.
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