Tuesday, December 11, 2018 9:58:56 AM
I wonder why TRTC's CEO hasn't confirmed or provided any timeline updates or projections?
What will 2019 look like for TRTC?
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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