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JimofRidge

09/25/19 4:57 PM

#283953 RE: BidnessMan #283952

Canadian companies are not bringing any cannabis into the US. What for? Its legal to sell in Canada, Europe and many other markets without the 70% tax rate the US companies have to pay. US companies will never get out from under the heavy burden of an effective 70% Federal Tax rate. The US market is ok for the pot smokers but a lousy economic place for pot companies.

Banana314159

09/25/19 7:07 PM

#283957 RE: BidnessMan #283952

You don’t get it do you? Canadians export to EU. They’re not looking to shop to America... American companies would dominate if we legalize federally in the next 2 years but that won’t happen. Safe Act won’t pass as currently writte. States Act might next year. Regardless TRTC is a failure because Derek Peterson couldn’t run a proper company to save his life...

TRTC has nothing CBD in action and Blum and IVXX are basically non existent except for maybe $10m in CA revenue operating at a nasty loss with no end in sight.

There’s no stock buy back... this bum is liquidating all Assets that shareholders bought and he ran into the ground so he can have 25% of the capital he’s already squandered to rinse and repeat again...

What a bozo

I-Glow

09/26/19 5:52 PM

#283981 RE: BidnessMan #283952

That is complete nonsense - Canadian weed companies are trying to import cannabis into the US - I guess some will post anything to defend Peterson.

IG