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Terra Tech's Nevada Dispensaries to Open For Adult-Use Sales

June 30, 2017

 

Earlier today, Terra Tech Corp. (OTC:TRTC) announced that its Dual Use Marijuana business licenses have been approved by the State of Nevada Department of Taxation. This approval allows all four of its Blüm Nevada dispensary locations to sell adult-use cannabis starting July 1st.  

 

Nevada's adult-use marijuana sales start at midnight, July 1st. In May, the state's Tax commission approved an "early start" program, allowing sales to begin six months early. After a small hiccup a few weeks ago relating to the privileged role liquor distributors are given under the law, the early start program is progressing as planned. 

 

Management Commentary 

 

Terra Tech Corp.'s, Chief Executive Officer, Derek Peterson

 

"Today, Terra Tech's cannabis operations have expanded from being purely focused on serving the needs of patients to encompassing the adult-use cannabis market in Nevada. Receiving our Dual Use Marijuana business licenses is a major milestone for the Company and we are proud that all four of our medical dispensaries were granted approval to enter the adult-use market. Our dispensaries will offer our proprietary IVXX brand of premium cannabis, flowers, shatters, waxes and oils, among other high-quality cannabis products from a range of reputable providers of superior grade medical and adult-use cannabis. As we roll out these products to the adult-use market we are committed to ensuring that medical cannabis patients will continue to receive superior service at our dispensaries."

 

Conclusion

 

Stay tuned for more coverage on the launch of recreational cannabis sales in Nevada! Learn more about Terra Tech Corp. by checking out the company's marijuana stock profile linked above. 

 

Other publicly traded companies with operations in Nevada include recently listed Friday Night Inc. (CSE:TGIF), Marapharm Ventures Inc. (CSE:MDM)(OTC:MRPHF), Player's Network, Inc. (OTC:PNTV), and Nutritional High International Inc. (CSE:EAT)(OTC:SPLIF)

 

So you never miss an important cannabis industry update be sure to subscribe to one or more of our free email newsletters and connect with The Daily Marijuana Observer on Facebook, Twitter and Instagram

 

D/M/O

 

Disclaimer
 
Investing in nanocap, microcap, and small cap stocks is highly speculative. The publishers of DailyMarijuanaObserver.com are not registered as Investment Advisors or Broker-Dealers in any jurisdiction whatsoever. The information contained on DailyMarijuanaObserver.com (“this site”) has been prepared solely for informational purposes. Nothing on the site is an offer or solicitation to buy or sell securities. Investors should seek financial advice regarding the appropriateness of investing in any securities mentioned from their financial advisor.

 

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Disclaimer: Except for the historical information and data presented herein, matters discussed in articles on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future performance or achievements expressed or implied by such coverage. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. Before making specific investment decisions, readers should seek their own professional advice and that of their own professional financial adviser. Smoke Show Ventures, Inc. or its affiliates, which owns The Daily Marijuana Observer, may be compensated for its services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.dailymarijuanaobserver.com/legal-disclaimer/.