Thursday, November 15, 2018 6:57:00 AM
Expansion, expansion, expansion. Much of the expansion will be completed in early 2019. With expansion completion, and then new facilities in business, revenue will increase.
- TRTC financials in 2019 will increase investor confidence and move PPS substantially.
-- Staggered weekly or bi-weekly harvests (regular ongoing in 2018 Q4 and into 2019)
-- 30,000 sq ft, seeds in ground in NV ALREADY
-- ADDITIONAL 40,000 sq ft cultivation site to be built in NV
-- Cultivation in CA - some already, some additional planned
-- Reduced costs with seed to sale - no need to buy outsider wholesale
-- New dispensaries complete by Q4 in CA and in NV. MORE in 2019
-- Increased extraction
-- Likely CA changes in taxation, home delivery, cracking down on black-market
-- Highly possible changes at federal level in laws, banking, drug schedule. Learn what 280E is and what it will mean when it changes
-- Pete Sessions who blocked bills from reaching floor is OUT on 3 January!
-- US AG Jeff Sessions (no relation) resigned!
-- Bi partisan support for federal law changes and drug schedule changes is increasing rapidly now, as meantime more states legalize
-- NJ legalizing recreational use: TRTC well positioned in NJ
-- TRTC just applied for 4 licenses in NJ first application period - and more to follow down the road
-- New dispensary(s) in NV to replace sold poorly performing location on Western Ave (sold for profit, 6.25 million)
-- (4th near Freemont St in Las Vegas now acknowledged by TRTC as a new location in buildout)
-- Watch for announcements of new locations opening in CA and NV
-- TRTC applying for more licenses than needed in some areas - with eye towards flipping some for profit (like they are flipping Western Ave in LV)
-- TRTC entering beverage cannabis market
-- Non binding LOI to merge with Golden Leaf
TRTC has NEVER been better positioned. 2019 is payday for smart investors. Expansion = revenue. 2019 will show SLOWED dilution (depending on how aggressive new expansion is in 2019).
2019 will see TRTC investments appreciate in value. Accumulate on lows - ride it into 2019.
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