Blum Holdings Inc (BLMH)

[PennyStock Alert]

******** BREAKING NEWS !! ********

BLÜM RENO GETS ITS CITY RECREATIONAL LICENSE!!!!

Blüm Reno gets its city license.

THIS WILL BE THE BEGINNING OF A FINANCIAL WINDFALL FOR TRTC!!

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Recent interview of CEO:

Derek Peterson, CEO of Terra Tech, called in to SmallCapVoice.com to discuss the latest news for the company, the recent activity in the Company’s stock, his perspective on the changes in the board of directors and what to expect from the Company in the upcoming summer monthsAUSTIN, Texas, June 13, 2017 (GLOBE NEWSWIRE) -- SmallCapVoice.com, Inc. (SCV) and Terra Tech Corp. (OTCQX:TRTC) ("Terra Tech") or (the "Company"), a vertically integrated cannabis-focused agriculture company, announced today that a new audio interview with the Company, is now available. The interview can be heard at http://smallcapvoice.com/blog/6-9-17-smallcapvoice-interview-with-terra-tech-corp-trtc.

In the interview, referring to the Blüm acquisition, Peterson stated, “There’s a lot positives being able to use stock for acquisition purposes. The positives were that we grew the Company’s top line revenue substantially, we were able to grab a tremendous amount of market share, and we were able to save and conserve cash. The negative was a year later these people were obviously going to want to convert that stock to cash rightfully so. So, we think there has been an additional amount of pressure in the market because people are ultimately converting that stock. I do think that is short term and systemic of using equity for acquisitions.”

Peterson went on to say, “If you look at where the Company is today compared to where it was just a couple of years ago, what a huge difference. We have five retail cannabis stores and a sixth one opening shortly. We have a substantial cultivation footprint in multiple marketplaces. We are expanding our cultivation footprint in the Nevada market place. We have recreational adult use sales happening in multiple markets. We have a five acre fully automated, high tech vegetation/cultivation facility in New Jersey. We have a lot of great opportunities ahead of us and we are going to lean into hitting this $38-40 million revenue number that we projected for 2017.”

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More information on TRTC:

TRTC is a California-based company that cultivates and sells medical-grade marijuana.
The company has been called the "Starbucks of weed" as it tries to provide the same look, feel, and experience as the coffee shop in all five of its Blum dispensaries.
And to prepare for the marijuana gold rush in California, Terra Tech just launched a new "Craft Cultivation" model on May 24 to expand its cultivation capabilities. The company executed a one-year lease with Panther Gap Farms in Northern California to produce up to one full acre (44,000 square feet) of cannabis cultivation.
This new "Craft Cultivator" is expected to produce one metric ton of high-grade cannabis annually. Depending on the quality of the marijuana, one ton could be worth between $7 billion and $10 billion.

http://moneymorning.com/2017/06/08/2-marijuana-stocks-to-watch-after-california-becomes-a-sanctuary-state-for-cannabis-users/