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BriarPatch

08/10/18 9:33 AM

#265888 RE: BriarPatch #265886

Transcript of Q2 Conference Call

https://www.sec.gov/Archives/edgar/data/1451512/000147793218003921/trtc_ex992.htm

business is blüming!!!

IndustryParticipant

08/10/18 12:58 PM

#265923 RE: BriarPatch #265886

It's definitely an "acquired taste" that's for sure. (licensing applications and regulations). I personally love that stuff, on many levels.

Some additional relevant notes;
1. While addressed (everywhere) the extremely large turnout, that isn't/will not necessarily be a direct reflection on applications submitted, as-

A. The limit of attendee's per (potential) group was 4 people.
B. Many who attended may very well never submit an application.
C. A large portion of applications, as always, won't even make it beyond the initial review and into the scoring process, as is always the case, anywhere, anytime, any state.

Given the various approaches and opportunities (5 different/separate now total) available, I have no doubt they will secure whatever they seek. Success on this one would be best as far as vertically integrated and adult use positioning, but another one coming soon. (One can also right now submit several as well).

I love competitive app processes...the more well funded the competitors the more I love it :) lol I've got some pretty interesting stories I rarely ever speak of ;) lol