Do the math TRTC made at least 3.5 million dollars in revenue this quarter.
They have over 8 million in tangible assets.
They had 3 million in cash going into this quarter
Total Assets $8,413,881
Total Current Liabilities $6,092,156
As of April 16, 2014, 265,992,272 shares of outstanding common stock with a 300,000,000 authorized cap.
This is what is to come!
Here are some numbers by Sleekscape
Here's the math:
1 cultivation facility = $12,000,000
1 production facility = $15,000,000 (very conservative, this will be most lucrative license because it allows for the production of CBD supplements and hash oil pen vapes)
1 dispensary = $20,000,000
So, TRTC revenues for a single dispensary, cultivation and production = $47,000,000 annually
What about Edible Garden ($12-$15 million in 2015)?
That is $59,000,000 in revenue in 2015.
And that is without considering any other licenses that TRTC will get in other Nevada counties.