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strategicinvest

06/04/14 1:20 AM

#51131 RE: PhenixBleu #51122

TRTC will get its licenses for sure since it is on the point system and the reason are listed below. Other applicants are not quality as TRTC's CEO and its board member when it comes to MMJ TRTC has experience in cultivation, production and dispensary.

http://health.nv.gov/MedicalMarijuana/NV_MMP_Application.pdf

On page. 21

APPLICATION EVALUATION
6.1. Applications shall be consistently evaluated and scored in accordance with NRS 453A and LCB File No. R004-14A based upon the following criteria and point values:


NRS 453A.328(1) The total financial resources of the applicant, both liquid and illiquid

Answer: TRTC has million of dollars in cash and ready for this with S-3 filing.

NRS 453A.328(2) The previous experience of the persons who are proposed to be owners, officers or board members of the proposed medical marijuana establishment at operating other businesses or nonprofit organizations
453A.328(3) The educational achievements of the persons who are proposed to be owners, officers or board members of the
proposed medical marijuana establishment
453A.328(4) Any demonstrated knowledge or expertise on the part of the persons who are proposed to be owners, officers or board members of the proposed medical marijuana establishment with respect to the compassionate use of marijuana to treat medical conditions

Answer: TRTC's CEO has production, cultivation and dispensary with BLUM.

453A.328(5)Whether the proposed location of the proposed medical marijuana establishment would be convenient to serve the needs of persons who are authorized to engage in the medical use of marijuana

Answer: TRTC has 2 locations for its future dispensaries.

453A.328(6)The likely impact of the proposed medical marijuana establishment on the community in which it is proposed to be located

Answer: Done, read the answer above.

453A.328(7)The adequacy of the size of the proposed medical marijuana establishment to serve the needs of persons who are authorized to engage in the medical use of marijuana

Answer: Not a issue, TRTC has their locations already for all licenses.

453A.328(9)The amount of taxes paid to, or other beneficial financial contributions made to, the State of Nevada or its political subdivisions by the applicant or the persons who are proposed to be owners, officers or board members of the proposed medical marijuana establishment

Answer: Not an issue, TRTC is a publicly traded company that is fully reporting to SEC with audited financials, so paying taxes is not an issue.
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Tradescott818

06/04/14 4:18 AM

#51136 RE: PhenixBleu #51122

Thank you- this helps TRTC so much. I would be shocked if they didn't get all their licenses!