Terra Tech Corp. (TRTC)

logoTerra Tech Corp is an agricultural company that has entered the US marijuana industry. Since 2012, it has been developing products for controlled plant cultivation, but it is only in early 2014 that it started to explore a medical cannabis business.

Terra Tech’s main business is producing technologies for indoor and outdoor agriculture. These include environmental controllers, plant lighting, horticultural nutrients, and hydroponic trailers. The portable hydroponic trailers are some of its major products. They come in the Big Bud and Little Bud types, and Terra Tech describes them as “the most advanced mobile controlled agricultural facilities”.

The company uses its proprietary technology to design its products, and produces them through partnerships with commercial clients. It also caters to the retail market through its wholly owned subsidiary, GrowOp Technology, Ltd.

At the start of 2014, Terra Tech entered the medical cannabis sector by applying for a Nevada license to operate a marijuana cultivation dispensary and facility. The company is the first among US publicly traded companies to do so. In addition, it formed another subsidiary, Medifarm LLC, to focus on medical marijuana.

Terra Tech was incorporated in 2008 as a VoIP software company named Private Secretary, Inc. In 2012, the company changed its business as a result of its merger with GrowOp Technology, Ltd. This led to the forming of Terra Tech Corp.

Currently, Terra Tech is traded as TRTC in the OTC markets, with a market cap pegged at USD 68.26 M.

Terra Tech’s management team is led by Derek A. Peterson, who is the company’s Founder, Chairman, CEO, and President. Other executives are Co-founders Robert Drust and Eric Kroguis; CFO Michael C. James, and Secretary, Treasurer, and Director Amy Almsteier.

Yahoo! Finance: TRTC News

Latest Financial News for TRTC

Cannabis Bargains After Aphria's News Started Sell-Off-THC Therapeutics, Inc.

HENDERSON, NV / ACCESSWIRE / April 18, 2019 / Cannabis stocks were a sea of red on Monday, weighed down by Aphria Inc. after it swung to a wide loss in the third quarter that outweighed a surge in revenue. ...

Terra Tech Secures Permit to Manufacture Cannabis for the Adult Use Market at Reno, Nevada Facility

IRVINE, CA / ACCESSWIRE / April 8, 2019 / Terra Tech Corp. (OTCQX: TRTC) ('Terra Tech') or (the 'Company'), a vertically integrated cannabis-focused agriculture company, today announced it has secured a permit to manufacture cannabis for the adult use market at its 15,000 square foot extraction facility in Reno, which is 50% owned by NuLeaf, from the State of Nevada. Terra Tech commenced IVXX® production activities for the medical market at its Reno, Nevada facility, co-owned by NuLeaf, in the late in the third quarter of 2018. Securing this permit allows it to further increase supply of its proprietary IVXX wholesale brand to meet the significant demand for cannabis products from adult users throughout Nevada.

Cannabis Stock News Daily Roundup April 8

Inner Spirit Holdings Ltd. (CSE: ISH) announced that Tilray (NASDAQ: TLRY) has increased its total investment in Inner Spirit to $6 million as part of an investment and strategic partnership agreement announced in December 2018. Terra Tech Corp. (OTCQX: TRTC) has secured a permit from the State of Nevada to manufacture cannabis for the adult-use market at its 15,000 sq. […]The post Cannabis Stock News Daily Roundup April 8 appeared first on Market Exclusive.

Cannabis Stocks to Put on Top of Your Radar-THC Therapeutics, Inc.

HENDERSON, NV / ACCESSWIRE / March 28, 2019 / Last week was a historic moment for the U.S. CBD industry, as CVS, the largest drugstore chain in US by total sales, began selling CBD products in select stores ...

These Four Marijuana Stocks Could Test March Highs on Monday

Leafbuyer Technologies Inc (OTC:LBUY), CV Sciences Inc (CVSI), MedMen Enterprises Inc (MMNFF) (MMEN.CN), and Terra Tech Corp (TRTC) represent 4 marijuana stocks leading the pack on Monday. More than ever, consumers depend on online resources to research the products they are interested in buying and, prior to Leafbuyer's platform, no reliable source existed for information on cannabis and related products. Leafbuyer Technologies Inc (OTC:LBUY) earlier this month announced that the total number of Greenlight platform users has reached nearly 80,000.