Conference call. Hope this helps. None of the below has been sold as far as i know.
1. Las Vegas, jumping over to Nevada for a little bit. We have that 4th Street building; we worked very diligently to get a cannabis permit at that location. The gaming corridor was pretty against it at the end of the day and so rather than fighting that behemoth, we decided to pivot a little bit, we're converting that retail location over to a CBD only store.
That location, if you want to look it up on Google Maps is 121 North 4th Street. It's about as close as we can get to the Fremont Street Experience; it's just adjacent to the White Castle burger, unbelievable amount of foot traffic in that area, for those of you that don't know the downtown Las Vegas.
The CBD store is expected to open by the end of the year.
2 Cultivation and extraction in the Reno, Washoe County area, full bore as well. We're now starting to see some upticks as we pull product down. We're getting better yields than expected out of our LED 30,000 square foot cultivation facility, and now we're starting to get some traction on the production of oils in the wholesale marketplace as well.
3 But coupled with that, we have the Hague and Burger cultivation that should be coming online in the not too distant future that will contribute not only to topline revenue, but gross margin enhancement coupled with EBITDA movement as well. So, great traction on the cultivation front and we're excited about announcing the opening of the Hague and Burger location in the not too distant future as well.
SALES
1. Terra Tech Corp. Announces Sale of its Blum Reno Retail Assets for $15 Million
August 19, 2019
2. Terra Tech Corp Announces Sale of Blüm Desert Inn Retail Dispensary for $10 Million
May 9, 2019
3. Terra Tech Corp. Completes Sale of Western Avenue, Nevada Retail Dispensary for $6.25 million
Oct 23, 2018
