Blum Holdings Inc (BLMH)

[BidnessMan]

Although Terra Tech was originally focused on covering multiple markets within the U.S, a stream of well-capitalized competitors such as MedMen Enterprises (OTCQX: MMNFF)and Acreage Holdings Inc. (OTCMKTS: ACRGF)have intensified the fight for market share forcing the company to rethink its strategy. As a result, Terra Tech is now positioning itself to primarily focus on California as its main target market. The rationale here is that, not only is California the 5th largest economy in the world, it’s arguably the largest cannabis market in the U.S. Furthermore, chairman and CEO Derek Peterson states that Terra Tech has a strong political, reputational and operational nexus within California that can be effectively leveraged to unlock more shareholder value.

https://emerginggrowth.com/terra-tech-corp-otcqx-trtc-at-an-inflection-point-after-statement-on-fraud-allegations-and-expansion/