$TRTC "...California is the largest state by population. We have 40 million residents and over 250 million tourists that we serve throughout the market here. But a recent report that we read from BFD analytics, it’s estimated the California sales of cannabis to hit 3.7 billion by the end of 2018, and to increase 5.1 billion in 2019...."
"...I’ve seen reports ranging at full development from seven to ten billion being the market size in California full bore at full capacity. Those numbers will remain to be seen but it’s a great market in our backyard that we can build economies of scale, and really build a fundamental business here..."
"...We expect to achieve a footprint within California markets throughout 2018 that allows for us to produce 20,000 pounds of product per year of cannabis. In Oakland, let’s start there, we’re currently constructing a 13,000-square-foot cultivation facility. That will be coming online later this year. That facility, in and of itself is gonna have the ability to produce one metric ton of cannabis per year. We received a provisional cultivation permit in Q2 2017 and expect to be fully operational by mid-2018..."
"...it’ll be a great driver of product with low margins through our retail footprint in Oakland, California...."
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