Followers | 644 |
Posts | 38176 |
Boards Moderated | 1 |
Alias Born | 03/29/2003 |
Thursday, May 24, 2018 11:15:01 PM
https://microsmallcap.com/cannabis/terra-tech-expansion-plans/
"Market pundits, however, believe that Terra Tech stock has the potential to bounce back sharply, supported by improvement in its financial numbers and aggressive growth plans.
Its fiscal 2017 revenue rose 41% year over year to $35 million, driven by its extensive market penetration in California and Nevada.
Commenting on the business strategy, its CEO said, “Our strategy to establish our Blüm™ and IVXX™ brands as premium cannabis experiences in targeted states set the foundation for the Company to quickly expand into the adult use market when Nevada welcomed legalization in July 2017, followed by California in January 2018.”
The company is looking to expand its footprints in key U.S. cannabis markets. It has already been operating two dispensary operations in California, and the company is looking to open one more this year.
The company expects its total cannabis production from California to land around 20,000 pounds per year. On the other hand, Terra Tech plans to expand its market position through acquisitions and investments for improvement of their infrastructure."
Note:
The U.S. has an unlimited amount of customers and not enough Marijuana to go around.
This insures Big Time growth......where...as Canada has the Population of only one state in the U.S.
California.
There will be a glut of Marijuana in Canada in 2019[too much produced].....while having a Glut of Customers[not enough produced] in the United States.
It's like having 10 customers and only being able to supply 3 of them in the United States!
Humongous Growth coming for the #1 U.S. Marijuana Supplier in latter 2018 and going forward into 2019.
$$$$ TRTC $$$$
JMHO
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM
Avant Technologies Launches Advanced AI Supercomputing Network and Expansive Data Solutions • AVAI • Apr 23, 2024 8:00 AM
BestGrowthStocks.com Issues Comprehensive Analysis of Triller Merger with AGBA Group Holding Limited • AGBA • Apr 22, 2024 1:00 PM
Cannabix Technologies to Present Marijuana Breathalyzer Technology at International Association for Chemical Testing (IACT) Conference in California • BLO • Apr 22, 2024 8:49 AM
Kona Gold Beverages, Inc. Prepares for First Production Run Set to Launch May 17, 2024 • KGKG • Apr 22, 2024 8:30 AM