{"id":4136,"date":"2014-03-18T12:15:53","date_gmt":"2014-03-18T12:15:53","guid":{"rendered":"\/?p=4136"},"modified":"2014-03-18T12:15:57","modified_gmt":"2014-03-18T12:15:57","slug":"triton-distribution-systems-inc-otcmktsttdz-renews-steep-climb","status":"publish","type":"post","link":"\/articles\/triton-distribution-systems-inc-otcmktsttdz-renews-steep-climb\/","title":{"rendered":"Triton Distribution Systems, Inc. (OTCMKTS:TTDZ) Renews Steep Climb"},"content":{"rendered":"

Triton Distribution Systems, Inc. (OTCMKTS:TTDZ<\/a>) regained its central place as it renewed its corporate updates. On Monday, the ticker, formerly a travel company, did what a lot of new pot stocks do: gained strongly, adding more than 57% to its price. TTDZ<\/a> now hovers around $0.016, on dollar volumes of $1.43 million. \"TTDZ1803.png\" <\/p>\n

Strangely, TTDZ<\/a> did not achieve its best gains during the emailed promotion, when it would be labeled “the next marijuana monster”. Instead, TTDZ<\/a> responded the best to PR outlining its merger with cannabis company Green Cures, Inc. The latest update came in on March 5th, but it helped to trigger the upward trend that is now growing with amazing momentum. Still, TTDZ<\/a> remains at risk, as the ticker has easily wiped out nearly 50% of its value in the second half of February.\"DSCR1803.png\"<\/p>\n

While a foray into the cannabis sector is promising, the site of Green Cures, Inc. reveals that the company may not be ready to take a piece of the pie. The products section is still empty, and the page is mostly a publicity landing spot. The company itself says it is still building its portfolio of products according to the new regulations.<\/p>\n

This is worrying news, since few of the newcoming marijuana businesses show a readiness to apply for and receive a dispensary license. The process involves waiting times and phases, so it may easily eat up at least another quarter before the efforts materialize in the bottom line. As for TTDZ<\/a>, this means it would hardly morph itself from a travel and logistic company into a pot shop without a glitch. True, for the state of Colorado and Denver the fee is relatively low, $5,000 to $20,000 for medical or recreational licenses.<\/p>\n

For TTDZ<\/a>, it looks as if it could afford the sum easily:<\/p>\n