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Terra Tech Corp. TRTCD

"Terra Tech Corp is an integrated cannabis-focused agriculture company which is engaged in cultivating and providing medical cannabis, as well as other agricultural products, such as herbs and leafy greens using classic Dutch hydroponic farming methods."


OTCPK:TRTCD - Post by User

Comment by Heresyon Feb 03, 2018 2:51pm
177 Views
Post# 27497040

RE:RE:RE:RE:RE:RE:RE:RE:Why are all pot stocks soaring and terra teck struggles to

RE:RE:RE:RE:RE:RE:RE:RE:Why are all pot stocks soaring and terra teck struggles to
Heikogs wrote: I agree, this one is a real puzzle.  When you consider the amount of volume everyday.  What is happening, where is the money going.  It's like we boarded the slow train here.  If you look at SNN sp it came on the market a few weeks ago at around 8 bucks I think or at least when I heard about it.  It is suppose to be the canopy of California, well the sp is now over 13 bucks and last week it was over 16 bucks.  How does any of this make sense?  I can't find a current market cap for Sunniva but pretty sure they are way over valued at this point.  Back to Terra tech, Really what is going on here?  Legalization in California happens and the sp impact is hardly noticable, then later falls back again.  Where is the Money going?  Perhaps it would make sense for Sunniva to buy out Terra Tech, maybe then we would see some sucure meaningful shareholder investments.


Sunniva and Terra at the same market cap currently (give or take a few mil). Problem (or not)  with terra Tech is they are 100% in the US market which at this point deters any big investors (banks, funds etc). What you are dealing with is probably daytraders trying to make a penny here and there and hence the large volumes. Their share count is also huge hence their price. It may take a few more years before US decriminilizes MJ at the federal level. Until then American companies will sadly suffer from benefiting with investors who will put their money into safer stocks. I personally believe US will get there. We just don't know how long this will take.
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