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Tuesday, 01/09/2018 4:02:24 PM

Tuesday, January 09, 2018 4:02:24 PM

Post# of 290031
Seeking Alpha article:
Terra Tech Corp. (OTCQX:TRTC)

The company's marijuana business is vertically integrated. It has previously focused on grow equipment business for hydroponics and marijuana cultivation. It's become the leader in this space, with $25.3m in last year's revenue. It has now added a marijuana retail network, with its six brand-name dispensaries now open in Nevada and California, and adding more. We expect current-year revenue to be $40.4m - a 60% YoY growth rate, which gives around 7 price/sales ratio - on the low end for the space. With CA legal sales having just begun on January 1st, we expect a further significant pickup in growth in 2018.
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