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Re: IndustryParticipant post# 1599

Sunday, 11/11/2018 4:32:39 PM

Sunday, November 11, 2018 4:32:39 PM

Post# of 4067
I agree with you about both companies being at a low. Although I'm not happy with TRTC's latest quarter results I do believe they're doing many things right including adding new licenses and building their own grow operations to better control the quality of their brand and reduce costs by not paying someone else to grow their product. A merger could be a very positive upside for both companies. I'm waiting to see what TRTC is awarded with the NJ market. I recall NJ state officials toured our Blum Las Vegas facility and were very impressed with the operation. We should be hearing about that soon. Both companies are legit and combined could be awesome assuming management makes smart decisions. Regarding losses on the balance sheet, when legalization happens and cannabis companies are taxed like all other companies those losses will come in handy in the form of tax liability write-offs.