|
| BY READING THIS EMAIL YOU CERTIFY YOU HAVE READ THE DISCLAIMER BELOW AND THE FULL DISCLAIMER PROVIDED THROUGH A LINK AT THE END OF THIS EMAIL. This is a paid advertisement. SmallCapVoice.com, Inc. is not responsible or held liable for the information in the press releases issued by the companies in these emails. Please always do your own due diligence. |
|---|
|
   |
|
|
 Hot Stock to Watch |
Company: Terra Tech Corp. (OTCQX: TRTC)
|
Last:
Price: 0.3335
Change (%): + 0.0027 (0.82)
Volume: 1,171,576 |
 |
The Smart and Big Money Continues to Flow into the Cannabis Market
Brad Auerbach, Contributor
I had been under the impression that we are now in the era of gathering picks and shovels when it comes to the smart direction legislators are heading about cannabis. But in a recent chat with Derek Peterson, I became convinced we are much further along. Peterson is CEO of Terra Tech Corporation, which is making huge strides in the burgeoning cannabis market. He asserts that the real era of picks and shovels was in the black market days of cannabis, “but now we are in a gravitational shift to a regulated market.” He points to the development of brands in the cannabis market (such as Whoopi Goldberg and Jane West and his company’s own IVXX brand) as signaling a huge shift in the thinking of those investing in the cannabis market.
Peterson comes to the cannabis market from a background rather different from those who were in the market a few years ago. He was a branch manager at Crowell, Weedon & Co, the largest independent broker-dealer on the West Coast. He held a similar position at Wachovia Securities and was then a Senior Vice President at Morgan Stanley Smith Barney.
Peterson leads Terra Tech, a “vertically integrated cannabis-focused agriculture company that is committed to cultivating and providing the highest quality medical cannabis and other agricultural products.” He spoke to me persuasively about how the cannabis market spent so much time over the last decades becoming commoditized in the black market of yesteryear. When the product was rather fungible and being quickly delivered in a brown paper bag or Ziploc bag, there was no incentive to deliver consistent brand quality. With increasing regulation (also known as decriminalization or legalization), capital is flowing in. “Capital infusion was way too risky when seizure and forfeiture were significant business risks,” observes Peterson.
Peterson and Terra Tech are riding the wave of “real money flowing in.” Peterson presently identifies the two hurdles in the cannabis business as permitting and branding. Those hurdles are due to the dichotomy of disparate state and federal regulations. As the regulatory landscape becomes harmonized, traditional economies of scale can be leveraged. Peterson cites Starbucks as doing a great job of taking a commoditized product and branding it.
Continue Reading
|
  |
IMPORTANT DISCLAIMER - PLEASE READ THOROUGHLY
SmallCapVoice (SCV) is an electronic publication. Information sources for our profiles include, but are not limited to, online research, member suggestions, magazines, newspapers, analyst suggestions, publicly available material information provided by the profiled company, press releases and similar sources. This communication is not an offer to sell or a recommendation that you buy or sell any security. SCV holds no securities licenses and is not qualified to provide investment advice. We are compensated for these advertisements by the profiled companies. You should not use this newsletter as the sole basis for any investment decision. While all investments involve risk, microcap stocks are among the most risky. Many microcap companies have no proven track record. You should only invest in microcap companies if you can afford to lose your entire investment. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. These profiles are paid advertisements. Although we have a reasonable belief that the information in each profile is accurate, we cannot guarantee that this information, which originates from third parties, is accurate. We do not have the resources to confirm the accuracy of all information obtained from third parties. It is important for you to verify all information by your own independent research. You are receiving this message because you have agreed to receive emails from SmallCapVoice.com. You may opt out of our distribution list at any time by clicking on the “unsubscribe” link below. Link to full disclosure about compensation paid to SmallCapVoice.com, Inc. by companies featured on our website or in our e-mail communications. |
About Penny Stocks |
|
|
