This one’s not exactly a tightly-controlled secret (though the ad makes it sound like one), but we’ll put the Thinkolator on the case anyway… we’ve gotten lots of questions about the latest marijuana pitch from Jimmy Mengel, who is advertising subscriptions to his Marijuana Manifesto service ($1,999/year) — seems that plenty of people want to know what his secret “Apple of Pot” stock is, and, well, we aim to please.
The general push of the ad is that you have to be invested by July 1, mostly because Mengel thinks that the pending move to full recreational legalization in Canada on that date is going to spur huge investor interest and open up new markets and get everyone excited… but this isn’t a Canadian pot stock, so the impact is indirect. (And yes, Canada is moving to that full legalization this Summer… though there’s plenty of talk about it being delayed meaningfully beyond that July 1 date, presumably both because of implementation complications and legislative foot-dragging.)
This stock apparently has some connection to the “Silicon Valley of Pot”, which is also called the “epicenter of the cannabis movement” and referred to obliquely in a few other ways, and that’s clearly a reference to the historical center (for last 50 years, anyway) of the marijuana cultivation movement in the US, Humboldt County and neighboring areas of Northern California.
Here’s a little snippet that covers his big picture argument:
“Canada will become the first ‘rich’ country to make pot legal. Not just decriminalized or unenforced but 100% lawful.
“Investors worldwide — and especially investors here in the United States — will be keeping a close eye on how it unfolds…
“They’ll see how early investors in legal marijuana firms stood to book gains as high as 11,084% and how new millionaires are minted in the process.
“You can bet when this happens, they’ll turn their attention to the United States…
“Where the marijuana market is set to top $35 billion by 2020…”
And then we get into the specifics about the stock…
“I say the Silicon Valley of pot is the most exciting marijuana opportunity I’ve ever seen — specifically the secretive company working on Project IVXX that’s been dubbed the Apple of Pot! ….
“Like Apple, it’s working on a hush-hush project, called Project IVXX.
“It took me two weeks to persuade the investor relations manager to get me on the phone with the CEO…
“Even then, it wasn’t easy to get the information I needed. But I did. And for the first time in financial publishing, I can reveal exactly what Project IVXX is…
“But before I go on, you should know that I have permission to share the details with you today. What you’re about to hear is akin to having insider information on the iPhone before the public knew it existed.
“Ready?
“Project IVXX is a program for creating and producing proprietary blends of marijuana.”
That seems a little silly — who would have a secret program for producing proprietary blends? Every manufacturer is trying to develop consumer-focused brands in marijuana, certainly all the pot companies are aware that it wasn’t the generic tobacco farmers who became wealthy, it was the developers of the brands like Marlboro who created consumer demand and loyalty (addiction helps with the loyalty, of course).
That’s what has mostly kept me out of marijuana investing, the notion that the plant itself is relatively common and easy to grow, and that the profits in the end are likely to go to whatever the most powerful consumer brands end up being… and we don’t know that yet (and I don’t know the industry enough to identify an up-and-comer brand with any great insight).
And of course, as we’ll see in a moment, this “Project IVXX” isn’t secret at all, it is actively marketed by the company both to customers, as a brand they’re trying to get distribution for, and to investors, as a distinguishing aspect of the company. More on that in a moment. Other clues of import?
“The company has developed and acquired a custom state-of-the-art extraction lab — reminiscent of Apple’s own bleeding-edge tech. It lets the company produce the finest grade marijuana that’s tailored to customers’ needs and feedback…”
OK, what else?
"reveal" emails? If not,
just click here...
It actually has some revenue…
“Between 1Q 2016 and 1Q 2017, it boosted revenue by 340%”
And they also have a New Jersey business, which might provide some upside…
“… you should expect legalized recreational cannabis in New Jersey very soon. And once again, its proximity to New York will be a massive boon.
“Our company — based in the heart of the Silicon Valley of pot — already has huge environmentally controlled greenhouses in New Jersey.
“Right now, they’re used for growing herbs and vegetables, but that could all change with pot laws. Meaning, not only is this company positioned in the biggest market on the West Coast, California, but also in one of the largest on the East Coast, too.”
So… hoodat? This is, sez the Thinkolator, Terra Tech (TRTC)… again, not super secret, since the real name of that secretive “Project IVXX” Mengel talks about is, well, IVXX. Which, in case you’re wondering, is a roman numeral interpretation of “420,” the longstanding shorthand/slang term for marijuana.
And yes, IVXX is effectively an attempt at a high-end brand in marijuana, with selected hybrid flowers and a variety of other products that, yes, are produced in what they call their “innovative and extremely advanced extraction labs.” They do have growers in Humboldt County, though Terra Tech itself is headquartered near Los Angeles.
Terra Tech also has a second brand in marijuana, the Blüm Medical Cannabis dispensary that has a couple locations in Nevada and California… and yes, to confirm the match they also own the large Edible Garden greenhouse in New Jersey, which seems to be a successful hydroponic vegetable grower that they say they’re actively expanding to other markets as they try to build a grocery brand, though it seems quite likely that they would immediately ditch Edible Garden if New Jersey law changes and they have the option of generating 10X the return with marijuana growing in that same facility (though they’ve been talking up this potential for four years, so I don’t know what the actual prospects might be).
Terra Tech does indeed have pretty good revenue growth, as well — though the one quarter they call out in a graph in the ad is their best quarter (no surprise there), with 340.8% year over year revenue growth in the first quarter of 2017… in the most recent quarter they grew revenues at 46%. The next report should be the year-end 2017 earnings, which will come out right around the end of March (it was March 31 last year), and investors will certainly have an eye on those top-line growth numbers — but the bottom line is not all that likely to be meaningful in the near future.
Terra Tech’s income statement calls our attention to the fact that this is a high-growth business, but also that it must be very competitive, with everyone trying very hard to gain a toehold, because the spending growth is extraordinary. There is no particular indication that the business is getting to be big enough to have any economies of scale at the product level, their cost of goods sold has generally grown just as fast as their revenue, but in the September quarter they did show some signs of growing into their SG&A spending, so things are moving in the right direction.
I’ll be curious to see what they say in their next conference call, they do have their license to sell recreational marijuana in California, so if they are able to get a toehold in that huge business with their Blüm dispensaries and/or the IVXX-branded products they could ramp up sales growth pretty dramatically — I have no idea what the competitive landscape is like in that consumer pot business in California, but there are at least hundreds of competitors so there is certainly a challenge in ramping up to try to take share. I do like the focus on that IVXX brand — it’s hard to see competitive artisanal dispensaries being leveraged into huge businesses, but you can imagine a packaged item like their IVXX joints or CBD oils or vape cartridges building brand awareness and a following. Doesn’t mean it will happen, but it seems possible.
So that’s an interesting one, it obviously carries all the regulatory risks of other US marijuana companies, which in the eyes of Attorney General Sessions probably includes “all of them” but, to my mind, particularly puts those whose business is predicated on a big boom in recreational marijuana at elevated risk (if there’s to be more legislative compromise, medical marijuana is far less controversial), but Terra Tech’s early brand-building efforts do catch my eye… and it’s not a micro-size company but it is quite small considering the possible eventual size of the legal recreational market.
Whether you think that’s worth their current $230 million market cap, of course, depends mostly on how active your imagination is — and you probably do have some time, assuming they don’t have a profit bombshell in their next earnings report, because their current pace of spending means they should be raising money again pretty soon with more equity sales, which tend to depress the price at least temporarily… and if they’re really trying to ramp up spending to take meaningful share of the California market, I would assume that the next equity offering will be a big one. You can see their latest investor presentation here if you want more of an overview of the company.
So there you have it… the so-called “Apple of Pot” is Terra Tech, and you can make your own call about whether the price makes sense given their financial performance and their market opportunity. So go forth, researchify to your heart’s content, and let us know what you think with a comment below… maybe we can all make each other just a little bit smarter.
Don’t forget CRON, the first of the Canadian pot stocks to end up on the NASDAQ.
Have them since 4 bucks last round keeper defiantly missed that boat if you didn’t get in under 8
Caveat Emptor-one thing to try to determine in this extremely crowded area is the quality of management-in the case of this co I passed on it many months ago & will do so again-a bunch of stockbrokers running the company not my cup of tea-but you can be sure they know what appeals to the let’s get rich ASAP that so many of us have.insider selling? If that has been going on just an additional reason for me to stay away. Also GWPH poor results in clinical trial make the medical outlook more suspect imo. Replace opioids I time? Perhaps but there are bio cos working on just that.Bottom line I remember the late 90s & the quick money & many folks convinced they owned veritable gold mines only to see their gains turn into severe losses-imo the easy money in this sector has already been made-so caveat emperor. Btw they have close to a billion shares outstanding so the price may seem cheap but not from where I stand-I see no need to rush into any of these cos. Now but for those that choose to do so -I wish you all the best of luck
Emblem holds the most important patent with time release if your counting on that emblem is the smarter place read the 12 page patent they extended till 2025
Replace opioids no! That’s just been the sales pitch to get medical marijuana passed First . If this marijuana moneyx10 process vote to vote leading up to the piggy backed votes which will be finally time to cash in on multable holdings of the same holds at 4 price re starts over the years there has not been anything remotly close to the simplicity of all this keeping up with the companies and their stratification moves including location to be informed on where the stocks and I use that name lightly they are far from that and have a long road but comparing this in anyway to the stock market is not been the best way to go stock that haven’t turned a profit or have that automatically go from there reset prices between rounds to minium 200 Pct gains on the worst companies you can not compair this to any angle stock market related but will call them stocks if you like but no matter how you want to break down each company the USA based companies who haven’t been worth tieing up money that will only give a return of 100 Pct over a 3-4 month period of positioning until the final big vote where they will hold there own and end some as long as you get in at the bottom future farms was the first and only us plant related company and that did 327 Pct last round which was what was expected girding 300 Pct holding open 5 accounts to hold onto the big 4 at prices from 1 dollar and change 3 dollars and change and 18 dollars and change while funding every round past two ith house money may have been a stressful run but nothing comes close when 300 Pct payoffs on 3 month and out of penny stocks under 5.00 will never happen again and until I’m back to just one account with who ever I decide to stick with them I will exhale anyone who didn’t get around to being involved at anytime is a shame to hear and to say that investing 15 k to start which one disposable holding covered the initial investments compares to nothing this stock market will ever come close to seeing again was dragged into this expecting to make nothing and the only regret was I didn’t listen and start with 25 k I will never know what it feels like to get in on amazon in the beginning or Netflix google or who ever else being able to know that making more than any investment just by connecting the dots waiting for basically a big bag of pot then oils and failed trial three medicines made getting or guessing in early on amazon into a glad I didn’t wouldn’t of been able to be patient enough putting all the eggs in one basket there are some very greatful and fortunate people that have enjoyed the ride and playing the game I dispose terra tech mgt for making myself wait to get in because of them trying and succeeding to finance there company on early investors and to make it worse still not know if there bottom price will be worth the time makes them a pain in the rear but weather they settle down in time bellow 2.00 isn’t a concern when there are 15 companies already settled in and now it’s just wait till the summer and remove the longest holds for returns that compare to anything that thanks to Canada and the great pot explosion that may create a legal weds amping Other things the taxes a lot of us watched them remove from the lotto payoffs were sad to see and for the first time I can say those taxes weren’t so bad compared to the fortunate that played this whole ride out I will gladly pay multable of wining 5 jackpots in a row just knowing this is because they decided to legalize pot the greatful faithful that pulled me in and the ones to follow all have the same smile knowing that everyone from the children in our lives and some really good deserving charities will benefit and make there lives as well as others I’m going to hopefully live a little while longer so I can see all the happiness playing the pot game with no banks and Morgan Stanley’s stealing your profits from the moment you buy a stock then it’s about time I wish I was like some of the 30 year olds that hopped on board and hearing those words if you only bought amazon back when makes a lot of people smile now and and that’s a good thing and for the fortunate and greatful hope you kill them on the way out the door on what will be the last vote i every will have to worry about the date as well. Who knew???!! Best of luck to all that believes. And dump them all greedy was a long time ago Tera tec under 1.95 add that to my listings once again this time around I’m tired of chasing them too but one rotten egg in every group but couldn’t respect myself if I didn’t nail them down for anything less the triple digits out of principle alone .
Hi, Diane
If you will read again, I spoke only about cannabinol; not cannabidiol (the medical marijuana.)
I’m an MD. I have treated all of the problems.. Your liver is treatable. Your addictions are all treatable. Your loss of intellect is not treatable. There are better choices, if you have to be on something.
You claim to be a doctor who has treated people with incurable and perminate loss of intellect because of an addiction to pot…you sir, are a very bad liar.
Chet, He’s probably seen people that smoked way too much for years. It does burn that type of people out. But most moderate users have nothing to worry about.
It’s not a secret investment he just goes over terra techs already branded named and packaged product lines that are selling for a really high price just because of the fancy containers and boxes they have that whole ivxx product line very popular in Vegas and Colorado and they are flooding California with it and it’s not the same rules in California yet they are making them up as they go along when every terra tec finds its new bottom price probably 1.75 ish they will do pretty well for you not the choice if I only had to pick just one but just like even the crappy companies that haven’t.produce a profit in the last three rounds of this will do 200-400 Pct if you watch closely and find the bottom in price which won’t be known for at least 4-6 weeks till they start to move up a few cents here and there and a week or two before the hype prices drop in for awhile do t be greedy know when to get out this is the trickiest of all being the final round piggy backing the USA and Shopify involvement at today’s prices in the 30 cent range future farms will doo 400-Pct plus easy especially with their buy out today share holder will have a not announced amout of shares added to there account per each future farm share so if you buy 1000 shares and they add 5oo for free on top future farm with liberty health sciences are better picks without the merger and the free addrdcshare they did 427 Pct gain for us and were a early exit stock but with the games terra tech plays you need to be patience and guess close where future farm and liberty health science hooking up with the aphria liberty health branding they are both home runs defiant buy in prices early this morning they were flying buys today any where from 25 cents to under 49 cents you will be very happy when the hype prices jack them both over 400pct beyond a doubt . But anything hinting about the clues are all terra tech jimmys problem is he believes these are long term hold stocks at the prices he bought in at and was amazed he didn’t sell the second they split and grab a quick 150 Pct pre profit selling was amazed to see people hold at 15-30 cents that was a no brained he’s in way to high with all his new buy Ins only his holds from December are the ones that will make a killing 599 plus every new guy buy in on the dates he said to buy got screw out of the first 200-300 Pct of there profit be lucky to do 100 Pct at the buy in prices he sent out same as Richardson who claims to live insilcone valley but knows anything about the difference in California primary stocks and still is betting on the stupid pot breath test for cops that paid of huge two rounds ago has and will be garbage stay away same goes for the dime a dozen security services that paid of last year to and is garbage he still doesn’t know why the oils are the big ticket this time three if you are super safe pick up alphria a little under or over 7 bucks 200-300 minium at a lower price than last round buy Ins which were at 10 bucks. The less or under 5 cent winners with crazy returns won’t know till three weeks before no need to take a chance on more than one when there are 36 cent shares that will pass 2.00 bucks without a effort. Terra tech staff is tricking but if you know how they work you have had two chances to make a 100 Pct plus and sell that day of the split some doubled that I was a minute late on that should of sold at market price instead I goy greedy and picked up on there 4.00 down to 2.99 then back up game so was able to buy in with free money on a separate accout if they jump up to 3.00 again and your in under 2.20 sell it will come back down stopping at its final buy price again . Any one looking for copies of certain pot pick 1000 dollar advice hit me up have a large group been doing this from round one and thcrazy Canadians fought us well way back then now 100 plus strong with about 20 new first timers who are nervous for no reason it’s simple wait wait and wait till your lower than last December 1st prices or a little over if they did a lot of buy outs or invest ins wheaton is a grand slam buy more as soon as they hit 1.25 and are floated very temporary under 110 buy more get your average down a easy 4.00 Pct at 105–120 but wheaton is still Going and they are making moves that will pay off even more during hype time not a deal for next year avoid those and you will be glad you did need the reeding material be specific and a few of the Good guts will send you the reading III you need your confidence to be built up.. and answering the Cvs water question you have the Arnold line or the nfl line iits still up in the air pura is looking a little lite this time with the gain unless they hit the .005 price or less wouldn’t touch it unles it falls under a penny they won’t 7 or 8 cents this time a lot more competition if it drops the nfl sports water would be the better choice on the hype gain part providing they shed 50 Pct -75 Pct in the next month only one water will offer the big time big boy 800 Pct but have to nail that fine line buy in price just right but even if you screw up sell off half and take the 200 Pct hype gain and find a home for that money a home in the four hundred gainers that are a lot to choice from even this early. Sorry for the slow emails a lot of guys trying to help texts you will get your always free curios reading material best of fortunes don’t miss this round it looks scared now just be patient and you will be very happy two month from now.
TRTC with a value of 230 million and 922 million of shares outstanding their shares are really worth about a nickle. If just a third of shareholders cash out they could wipe TRTC out. In contrast companies like Canopy are worth 5 billion with under 200 million in out standing shares. Where do you want to put your money? Cronos is my 1st choice by far
Leverage.
Terra tech croons and canopy three totally different animals . Cronies is one of the 5 I d held and opened extra accounts to be able to buy back in if they dipped close to 4.00 bucks again if your jumping in cfo is after the bump up status that’s a lot to tie up your money in unless your expecting a buy out same for canopy after they sold 10 Pct of there business . And terra tech has been around a long time in the USA growing vegetables and flowers but they were the only USA company that maxed out the largest sized harvest you could grow and got blamed when they ran out of pot when they were the only one who was close to ready. I think for a new First time investor wouldn’t touch cronies and I have them for 3 years now that boat sailed
$IMLFF – InMed Pharmaceuticals Ltd.
InMed Announces Peer-Reviewed Publication in Drug Delivery and Translational Research
March 6, 2018
Publication on a Novel Hydrogel Formulation for the Treatment of Glaucoma Helps Validate InMed’s Fully Integrated, Cannabinoid-based Business Model
Vancouver, British Columbia, Canada – March 6, 2018 – InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (CSE: IN; OTCQB: IMLFF), a biopharmaceutical company specializing in the research and development of novel, cannabinoid-based drug therapies, announced today the publication of a peer-reviewed article in Drug Delivery and Translational Research.
The article, titled “A stimulus-responsive, in situ forming, nanoparticle-laden hydrogel for ocular drug delivery”, presents results from a pre-clinical study co-sponsored by InMed and was co-authored by Dr. Sazzad Hossain, InMed’s Chief Scientific Officer.
In October, 2017, InMed originally announced completion of this study. These proprietary data support what the Company believes to be a first-in-class nanoparticle-hydrogel formulation for cannabinoid delivery to the eye, resulting in enhanced drug uptake via the cornea and lens. The patent family for this discovery is currently at the provisional stage and will be converted to a PCT filing during 2018.
“We are highly encouraged by the findings from our discovery, and are now pleased to see our research receiving acceptance from a key peer-reviewed journal”, said Dr. Hossain. “These study results demonstrate significant delivery of cannabinoids to the eye via transcorneal penetration, resulting in a 300% increase versus a control formulation. Beyond cannabinoid delivery, we believe our nanoparticle-hydrogel composite may be beneficial for a number of other ophthalmic pharmaceutical products requiring enhanced transport into the eye.”
In these studies, the investigators successfully validated the efficient transport of the formulated product in whole-eye experiments. The work seamlessly combined product design, synthetic biology, polymer rheology, and analysis of mass transport within ocular tissue. The hydrogel was formulated as a composite of hyaluronic acid (HA) and methylcellulose (MC). Both polymers are biocompatible and highly muco-adhesive, making them ideal candidates for an ocular formulation. The amphiphilic nanoparticles were composed of a block copolymer composed of poly-ethylene oxide (PEO) and poly-lactic acid (PLA), designed to facilitate enhanced cannabinoid drug delivery into the eye via the cornea. For this study, the non-psychoactive cannabinoid cannabigerolic acid (CBGA) was biosynthesized using InMed’s proprietary E. coli-based manufacturing approach. Results from the experiment verified the performance of a stimulus-responsive switching between thixotropy (thinning of the gel upon a shearing force, such as blinking) and temperature-dependent rheopexy (reforming as a gel after blinking), resulting in a thin, uniform gel-like lens that holds the drug in place to allow for transcorneal transport. Envisioned as a once-per-day (at bedtime) administration, this formulation is designed to address many of the issues associated with current glaucoma medications.
Eric A. Adams, the Company’s President and CEO, added “While glaucoma is certainly a blockbuster opportunity, we believe that our innovations offer solutions beyond this single indication. This research validates InMed’s first-in-class technology, which integrates our proprietary drug-disease targeting platform, highly efficient biosynthesis process of multiple cannabinoid compounds, and delivery of therapeutic products designed to treat multiple diseases with high unmet medical needs.”
For additional information, please follow this link to the article:
https://link.springer.com/article/10.1007/s13346-018-0504-x/fulltext.html
About InMed:
InMed is a fully integrated biopharmaceutical company specializing in the research and development of novel, cannabinoid-based prescription drug therapies utilizing novel drug delivery systems. Along with building and validating its proprietary drug-disease targeting platform and biosynthesis technologies for broad commercial use, InMed is currently developing pre-clinical product candidates: INM-750 for the treatment of Epidermolysis bullosa, INM-085 for the treatment of glaucoma, and INM-405 for the treatment of pain. For more information, visit http://www.inmedpharma.com.
About Glaucoma:
Glaucoma is a chronic optic neuropathy that is typically caused by high intraocular pressure (IOP). The increased intraocular pressure exacts a toll on the membranes of the retina, damaging the head of the optic nerve and leading to blindness. Glaucoma is currently the second leading cause of blindness world-wide; it is estimated to affect a population close to 80 million by 2020*.
*Quigley and Boman, “The number of people with glaucoma worldwide in 2010 and 2020”. 2006.
Contact: InMed Pharmaceuticals Inc.
Chris Bogart
Imlf I’m a big fan and if anything close to that pans out that would be great smoking has been the only real benefit for pain nausea and a few other things Israel will agree after 25 year and they were the first to take advantage of inmeds biggest contribution and patented program to remove the exact Cvs’s cbls and everthing inbeteeen and can and finally even the stobborn gw realizes they can break down and extract what ever composition that is being called for foe any attention to help give another option other then what big pharm has to offer in minutes compared to weeks the time they will be responsible for saving ever bio tech company alone gives hope someonething positive does come out of this other than helping with the nausea after pointless chemo take that from over 10 years experience. But inmed for all the times you came back to 30 -50 cents for me and did let me down again with a little help from feb1 and feb 2 Canadian scam pushing the reset button early if trumps liitle note didn’t wake up and disturbed too much to soon it’s wise to do your wallet a favor anything under .75 again buy and keep buying until it makes its last upward run in this the final chapter it’s a easy 350 Pct if you took advantage from learning from last time and smiled with what ever you could afforded below 48 cents then congratulations s and well done jimmy m has called a lot of in knowns at the right time think the buy price was off , sorry jimmy but the company was right should of took advantage last year as well . But wheaton at 60 cents and canna royal in the same neighborhood even all they were the last to move you hit them along with Cush right out of the park for a lot of fans good job with them jimmy
I suspect IMLFF might be the real Apple of Pot. They received preliminary approval to move to Toronto Stock Exchange .
I’ve been invested in pot stocks for about 4 months now looking ahead of the legalization in Canada and some of the other states here in the US. I own $TRTC $CANN $ KSHB and about 10 others in what I like to call my Gambling Account one stock $BPMX is up over 138% from when I bought it 2 months ago. If you want to see which cannabis stocks are the biggest go to The Green Market Report Index. It is a list of 30 stocks that have been selected based on market capitalization and revenue production, plus high standards of company operation. These companies must be predominantly focused on the cannabis industry and the list is reviewed on a quarterly basis.
Martin, Thank YOU! https://www.greenmarketreport.com/portfolios/green-market-report/
Shared your post on the 420 Investors thread: https://www.stockgumshoe.com/2016/03/microblog-420-investors/comment-page-8/#comment-4976164 #Best2ALL!
I liked KUSH but failed to pull the trigger when it was @ .24. I went with an American packaging company that is at capacity now and showing triple digit growth…and cheap enough to still have a huge upside…ADVT.
Future Farm Technology. They are in Vancouver, Canada. Good story I found thru Kush Bottles.
Only $1, 999./yr.? Suckers are born every day!
Your way off you are treating this like they work like real stocks future farms will have there best run yet major upgrades doing extraction a no brainer 50 cents and will hit two the week leading up to they just won’t budge until it starts. Half of the biggest winners didn’t ever turn a profit and they went up 1000 Pct .
As with Aurora buying out CMMDF in January, I look for more potential buyout opportunities. Example I purchased BDCI over the summer, it got hyped, and then sank in price. NOW they changed their business model and looking into the GREEN PRODUCT line. They are aligning with TGGI, whose price recently increased to .0002/.0003 price range.
I am not hyping any stock. I am sharing my experiences . I own BDCI and TGGI shares.
If it does not pay you a divi then you cannot afford the risk?
?
TRTC is the only American company trading that is selling and growing, in the very very big 6th largest economy in the World Calif,,,,,, so go figure.
Does anyone know if Terra Tech is still tradable, or why it isn’t ? I was advised about this stock from a London based investment research subscription, however being a newbie after i eventually set up a trading account via Saxo Trader Terra Tech Corp NOCT, TRTC:xnas usd is non-tradable.
They will RS tomorrow…may be halted on your exchange.
23 Science-Backed Health Benefits Of Marijuana
http://www.iflscience.com/health-and-medicine/23-sciencebacked-health-benefits-of-marijuana/all/
#420Investors: https://www.stockgumshoe.com/2016/03/microblog-420-investors/comment-page-8/#comment-4976576
Have an awesome weekend and beyond #Gr8Gmmunity! 🙂
The CEO – Derek Peterson went BK a few years ago and this company had some other issue with funds diverted to gambling. This is what makes me very leery about putting any $ in. Already got burned once from Growlife (PHOT).
Who/what/…….tickers please. What company ( symbol $XYZ) are you commenting on? Grrrrrrr. Gummies please.
You might speculate on a few cheap shares and keep watch. Better yet, invest with the big guys in Canada and Australia.
I am Canadian, and there will not be any legalization of pot on July 1st. Maybe in the Autumn and maybe not this year.
Hey frank_n_steyn
Being Cdn doesn’t explain the process by which you make this statement. I’m Cdn too and although I believe you may be correct, I simply am simply following my gut…..what is your comment based on? Thanks
Lulu,
Frank_n_steyn is right, the story ran on the national news that there may be delays to the legalization of pot in Canada as they need to iron out the laws more. May happen in the fall/October or later.
Thanks blinder….I’ll google it.
your Canadian govt, is dragging their feet, I assume because the people spoke up and voted legalisation on their own.
I own 40,000 shares of TRTC, so I hope he is right.
$TRTC – Bokonon9
Curious with the RS how many shares you own now and at what price. Would you share to educate how this works…thanks
So is Robert the rainman of weed stocks? Would like to know more about this man.
Rainman not even remotly
I was lucky yes at first but not with the picks in 2014 the picks were easy then they were all cheap weed out the legit from the dumps picked 6 stocks and I lost a grand on one the others were all 300 Pct plus lucky timing but screwed up a little got too greedy and gave back 50 – 75 Pct . Keeping canopy aphria and reading about places like wheaton and jumping on Aurora and companies ran by legit corporate head hunters leaving big pharm Apple to start up companies with their own money is common sence . Therese aren’t stocks RoDDOG there growing their own pot I sat in schoolyards in the Bronx at night selling 20s making 1000 bucks a night and spending it just as fast at 12 years old 40 years later pot starts to become legal well didn’t take a genius I’m a old broken detective retired 10 years ago this isn’t blow or her ion it’s pot even if it just helps with pain there is a lot of cash to be maid when banks and the big money does their magic like when Uber will hit the market that’s all crap no middle man follow who Evers left since the beginning every time there is a law to be passed two months before and a few days after pick 10 small stocks that invested money back in and bought more land ready to grow read learn oil and extraction will replace the smoke and you only can screw up if you fall in love with your stocks i’ve held only 4 since the beginning Aurora was added they didn’t make the deadline in Canada in the beginning so they were always behind but worth holding all or 50 pct till the next laws past and waiting and reading every night isn’t that hard dog. The USA only companies are going to be real slow and start out overpriced and will be the difference between making 50 Pct and 500 Pct. Terra tech after they put a leach on them selling there stocks I decided to jump in they own to much land and if they were a Canada company they would be sitting at 10 bucks but there not it’s a big difference the tax starts at real prices like the etf hmmj compared to what ever they are calling the USA version mpx now at 30 bucks? Hmmj 6-7 bucks a share last April a fool wouldn’t jump there profits into there and set it and forget it after this round sell t-3 days later depending on what the market does it could drag into the summer. Don’t know my etfs but I do know a minimum of 300 Pct I’m 15 months hasn’t been done yet but it will . The stocks all except a few rested to there new lows and if your fortunate enough to hold on to 1/3 of your cash until it starts moving a few corrections and anything that isn’t shaping up to be at least 150 Pct by the middle of next month it’s time to sell and make the money work. A lot of lucky first time guys and gals can still make a killing on a 1.10 stock again should be very happy wheaton i’ve held since 66 cents along with canna totality at 85 centsare all still no way to loose picks they buy only the best. Wheaton has financed over 50 prime companies they stopped starring there names because people won’t buy a stock that has to pay them 50-75 Pct of there total profits for three years from when they become profitable companies. 60 cents won’t happen again but 1.25 is just as good when the own 5fifty new companies and they only give to companies with caladeral just in case they will be selling flower oils and everything else for free they take there payments in cash and or product… playing with free money let’s me sleep at night but seriously if you want advice take it if not buy at the bottom a month before and everything will do 100 Pct and up or do some research and get in and get out 10 grand should be 30 to 40 if you put in the time. Just don’t read and gather your info from the companies that pay leaflet to advertise for them because they can advertise legally so the rip offs like vbio which I called on the phone is making up stories sitting at 2.00 a share with 5 employees working out of a office/ lavatory the size of a public bathroom getting to terra tech I do believe they are finally going to be a 400 Pct gainer for the first time for a USA based company they are a ground ball at 25 cents they are florists and farmers being giving money not borrowing like the Canadian companies started out as . Vegas araziona forget the small population that’s were they stated with the growing and selling weed which is finally profitable the locations in California where there pulling out there lettuc and produce for weed will start paying off in 90 days when it hit 40 cents and goes up a few pennies at a time and drops back a penny here and there once may comes they will be on the way and if the USA govt keeps dragging there feet you will get another round out of them to past the summer Canada stocks that paid off all there Dept’s are Home runs 9 out of 10 as soon as you read and verify they are starting extraction they are the real deal ABcann was 90 cent when I jumped in and when they started selling oils I didn’t mind triple up even seeing my cost per share hit 1.20 I would still buy at 1.50 but to many others. If your just getting in and global is the way to go Aurora still at 8.75 is a steal there shares from the merger alone didn’t settle yet they bought out the second most productive allaround canna Med not by some California hope he is a former pig Pharm cfo as well as a big wig for canopy so if you want to go solid stop listening to the haters the crypto guys the share aren’t watered down like they say they cornered every market I never thought I would sell my canopy completly but they are 10 Pct owed by corona / constellation brands they didn’t invest in them they bought ten Pct for a bargain . You want some can’t loose companies email me robert.hebel at aol guys like Mymmf is the next canopy if they get half of there projects just running at there phase two and will be a 5.00 stock the weeks leading up to all the hype prices but they will be one of the few that is worth it and may drop a buck or two after the hype but will end up at 11 bucks solid they are being gifted money only having to pay back with normal interest or the give research money is the Canada prime minsters baby and he’s going to be a silent partner until he retires ans making Canada go from a poor state to running up huge profits for Canada which is going to fix all there finances with the same weed I sold in the Bronx a lifetime ago but this time I’m not a child I heard the rumors about SHOP being Cortes by Canada to put there businesses threw them and put 50 Pct of my profits in at 75 – 110 dollars a share and that’s when I knew someone up there likes me that will be there next step being the next amazon and they will never drop under 225. Share again.
Rain man you made me laugh in the end all my money comes out of the pot hype and if the banks can’t offer 7 Pct interest again ever then AI mutual funds and shop will do just fine. If you don’t see the Wrighting on the wall with terra tech at least do wheaton at 120 whatever future farms i victims liberty health and of you can put your largest piece in Aurora or aphria once they stop being scared and sneak back in USA investments the will make canopy the number three guy on the block until banks come in and the stocks you should hold till then can buy or pay off your home . Paid mine off and I know nothing about the stock market but that’s why it works for me these aren’t really stocks yet there company’s.posing as drug dealers until cannabis cures a disease or two. Jimmy best money I ever spent thanks for giving me the confidence and convincing me that there is too much money in this to not be in it thanks. But get rid of mass roots I don’t understand it went against all the rules you thought me .
Roberthebel…….would you pls explain this? Cortes & under $225. They are at the high now and it’s $190. Thank you.
I heard the rumors about SHOP being Cortes by Canada to put there businesses threw them and put 50 Pct of my profits in at 75 – 110 dollars a share and that’s when I knew someone up there likes me that will be there next step being the next amazon and they will never drop under 225. Share again.
LuLU Sorry don’t type well and to lazy to spell check on a phone . I bought into Shopify SHOP when they were being called the next amazon for the way they are letting small company’s and Ebay sellers sell threw them . I sold off miracle grow which I used as my holding profit company inbeteeen rounds for the stocks that weren’t worth holding past a few days after the votes when I heard the rumor the prime minster was trying to court them in with a sweet deal to slice all the big problems in a all cash business which ended up happening and is the big reason why they won’t have a handle on legal till the summer besides legal laws they need the real amazon /PayPal/. Priceline etc and will give Priceline there biggest single move to date and will be headed to 225 a share plateau and never coming back down every sale will go threw them and with there software ability they can be worth every penny the prime minster threw at them to organize what will be there biggest comotity. It’s like if they just discovered gold right now at current prices for Canada and shop is the perfect fit . Great place to store your stand by funds and put your profits into just in case the USA starts to play nice and we get a few more rounds out of this
Still can’t find what his thought on terra tech selling off anything hey are the only USA stock with all the pcs. In place I knew in January I was going to buy in for the first time with them i’ve been reading about them just waiting for this vote to cash in. There a easy pick no risk at all at a quarter or less still curious when I read some stories that are so untrue a lot of very to early buy Ins I’m reading about hear. People need to understand leaflet and the dno and many others are the only way for pot companies to advertise legally so many hint about patents they do not hold. Imlf is another great pick ride them last time sold off and doubled down again averaged at 65 cents but anything 1.00 and under is a score they actually have a patent that in as few words as possible cuts out three complicated steps in creating specific amounts of the plant for what ever ill ness your trying to help or cure they can do in 15 minutes what every other bio te tec needs weeks and more product to get it right . Look up the patient if you don’t want to take my word . I would like to throw a extra 5 k at them under 1.00 but I think what they do is out of the bag they met with the big boy investors today might be a quick buyout or they are just going to get some investment money with no strings and could just start going up for Good if they go past 1.40 some deal was made which now adays they keep to them selves . There not going to come out with any new drugs as people are reading the leaflet articles and missing what there important patented process. But hope my typing got better
Good luck
News from the Congo made my weekend…
non-Congo miners of cobalt and zinc should just blow-up now…ZZZOF is my current fav.
News this am on ADVT has made my day!
https://finance.yahoo.com/news/advantis-corp-signs-lease-triples-131500016.html
Chetcould not agree more about TRTC management-which is so critical in determining which cos to invest in the Marijuana sector -I basically alluded to these things in my one post earlier in this thread- As far as ADVT goes the story seems compelling but have you looked at their balance sheet & income statement? The balance sheet is pathetic & they have very small revenues & a market cap of over 50 million-any offsetting commentary would be appreciated
The balance sheet and income sheets on all these cheap companies are a mess, hell, even some of the big ones! LoL
My favorite of them all is SPRWF…but same story. I was a grower in the 70’s until they turned my forest into a subdivision HUGE LOL! I like their already branded 7acre natural light operation. I have faith in John Fowler. He’s made all the right moves so far…time will tell?
I’m waiting for a reentry there @ 1.25 but that might be wishful thinking?
ADVT had excellent news today with a tripling of their packaging facilities.
I came out of retirement to help a friend with cleanup of Houston after Harvey.
Thought I could keep up but stepped on my laptop in the dark the first week…a long 5 months of 24/7.
After cashing out on ACBFF & SPRWF in Jan. I’ve diversified Gold, Silver and a couple of little miners…avoiding politics, if thats possible, giving away trillions of dollars to companies so they can buy their own stock back has a very predictable outcome and it AIN’T PRETTY.
My fav hedge is a gold flow through…SAND. Had I thought it would ever get this cheap again I would have not maxed out my holding there already. Can’t justify a greater % of my port there just now…ya wanna buy my dawg?
Just kidding…love her more than gold.
Chet. Balance sheets in a all cash business your a trusting guy! But supreme is garbarge but if they are around a buck in a month and do absulatly nothing they will still be between 3.00 and 4..50 for a week or two. Still didn’t find what you are trying to say you mentioned terra. Tech sold off? It’s still a no brainer for me for this round because of the east coast of the USA as well as them finally cracking down on California who is killing canna totality bending the rule and now the law pasr and there too cheap to play by the rules and have the companies like evio get paid to test and make it safe to sell. The fda and the really alone they are going to screw up the USA progress when they canny tell you where that plant came from. . Curious about what you heard though you seem to be one of the very few that get how this works
Chet a quick something to think about I have had since last may and they are really going to cut it close a lot of real real estate companies are starting to circle the wagon they already have been making money buying up houses close to big dispensuries and holding them just waiting for a new guy that doesn’t want to live there just grow a little and sell a lot I set mine to sell every night if they drop to the Pct I feel a real real estate company with money to burn and canclise on a property in 5 days in cash all week long fuel for thought game is changing I g a little bit
Best of luck my friend
Roberthebel – TRTC$
Terra Tech Corp. Provides Strategic Business Update for 2018
9 hours ago by Marketwire
Companies Mentioned: TRTC
Company secures $40 million financing to drive expansion strategy
IRVINE, CA–(Marketwired – March 12, 2018) – Terra Tech Corp. (OTCQX: TRTC) (“Terra Tech” or the “Company”), a vertically integrated cannabis-focused agriculture company, today provided a business update for 2018. These topics will be discussed in more detail on the Company’s earnings call this Thursday, March 15th, details of which can be found on the Company’s website.
Business Update:
Company secures $40 million investment, to be made in eight tranches of $5 million over 24 months
Capex to be directed toward the build out of the Company’s cultivation, extraction and retail infrastructure in California, Nevada and New Jersey
Capital injection positions the Company to leverage M&A opportunities and ramp its sales and marketing strategy
1 for 15 reverse split to be effected on March 13, 2018, to position the Company for a potential uplisting