They have significant assets, such as:
Retail dispensaries in NV (4, with one being sold off) CA (2, with 2 add’l permitted and construction planned or started)
Cultivation: NV via partnership, CA via partnership, and CA permitted for additional but status unknown.
Edible Garden: New Jersey greenhouse, and operation vegetable growing and distribution to major grocery chains.
New Jersey is expected to pass recreational MJ laws yet this year, opening that market to TRTC.
BUT. BUT. BUT...........
NONE OF THE ABOVE entities or assets are currently profitable. They are ALL losing money.
This requires the company to dilute the stock to raise money to run the business by issuing more shares, continuously...
This erodes the value of your investment. Slowly but surely.
The company did a reverse split when they ran out of shares to issue, in order to free up more shares to issue.
The company is currently in litigation with the van vrede family, that owns the land the new jersey greenhouse is on, for fraud allegedly committed by the van vredes (compelling evidence that the van vrede’s were committing crimes, and TRTC is likely to prevail, but the implications for the greenhouse will likely be very disruptive to resolve)
Puma