Great article in Bloomberg about how the DEA's sta

Great article in Bloomberg about how the DEA's stance is hindering the growth of MJ and MMJ in the US, while allowing for great opportunities in Canada. As for OWCP, these statements, IMHO, are relevant to the depressed valuation of our stock:

Quote:

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“We have a $50 billion playing field all to ourselves, and the prices are ridiculously cheap,” Ford said in an interview. ‘‘You could not have created a better business model for a reformed Goldman Sachs banker to wade into.”

...Even so, Terra Tech faces obstacles. The shares trade over the counter because Nasdaq won’t accept a marijuana listing. It took a year to hire a new auditor, a process that would normally take a day, Peterson said. And landlords are hesitant to rent space for corporate offices, while attorneys are reluctant to provide services, he said....

...Peterson, 42, said he went to the public markets because that’s how he knew to raise money from his prior career at Morgan Stanley, Wachovia Securities and Crowell Weedon & Co. While the federal ban in the U.S. creates headaches, he said there are also major benefits.

“It’s kept the big players out, which has allowed companies like ours to actually build,” Peterson said. “If this weren’t the situation, we might have woken up and it would be Constellation Brands or Phillip Morris. Who knows? It just wouldn’t have been us.”...

...“The long-term trend is cannabis is going to be legal in all 50 states,” Ford said. “The increase in asset value as the industry becomes legal is going to be tremendous.”

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Pot Companies Flock to Canada as U.S. Laws Stymie Share Listings

https://www.bloomberg.com/news/articles/2017-...e-listings