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Saturday, July 14, 2018 1:53:48 PM
TRTC had better have more than $10 million in operating revenue on the next financials. Can't claim a growth stock multiple with flat revenue growth while maintaining these expense levels.
Another fact, the cost per pound of all types of cannabis dropped faster than many had thought, sucking the wind out of grow operation value. However vertical structure can mitigate some risk, thus why TRTC and many others are now, seed to sale/clones, to production, to wholesale, to retail. It's like normal business, and could be MONSTER once treated like a normal business.
Look at the multiples granted to Canada. FU^%#$^^ING Canada!
Speculative gamble approved. LOL!
(Approval based on public opinion, not financials)
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