IMHO Martin Kaufman and Salwa Ibrahim.. should be brought to light. They are clearly the evil insider enrichment master minds of TRTC. Forget about the 3 fake awards Salwa received from the marijuana industry ( It is an industry built of con people --> until its regulated)
We should all cut Derek a break....and really dig deep and learn about Martin Kaufman and Salwa Ibrahim.
As investors we need full transparency on what Martin Kaufman and Salwa Ibrahims true roles are with the company. It seems they created a masterful insider enrichment scheme.
They know this ..lol That is why they no longer care about preferred shares or common shares.
They have all their assets in place and they will now let the cash cows print the money.
The shares are now useless to them.
They are used for raising more free money ( dilution) , toxic financing, and bonuses.
The real money is in the assets -> That will soon be bringing in well over $250,000 a day for life.
TRTC will never expand BLUM across the country. They may get 2 more dispensaries if they are lucky at best.---> and IVXX will never be anything but a local BLUM brand. Lets face, it has been 3 years and ivxx is nowhere. Plus there is too much competition. No one cares about fancy packaging or branding with marijuana lol. They want a certain strain and cheapest price.
TRTC is not going to out bid for dispensary in NY, MI, CO, OR, WA, MA, TN, ect...get the point. They will be laughed at in those states. The dispensaries and grow houses will go to local money.
Mj is accepted now, and local groups will pony up the capital now.
Vegas worked because it was early in the game.:
They made a deal with the Senators son in Nevada and it worked. God knows how much they paid them off.
It was the right time and right place. Things have changed in MJ industry. It is now more accepted and not political suicide. The money is too big. Locals are not going to give those contracts to outsiders lol
Vegas was the perfect storm in a pre-mj time. Where states were not sure about moving forward with the laws.
California- i read awhile back that they paid >50 millions for blum oak. lol and gave away control of trtc to Martin Kaufman and Salwa Ibrahim at the same time.
