Terra Tech Corp. (TRTC)

logoWith the emergence of the marijuana industry in the US, agricultural companies, especially those specializing in farming technologies, have found a new space to venture in. Terra Tech Corp is one such company. This agricultural firm has been producing controlled cultivation technologies since 2012, and has entered the cannabis industry in early 2014.

Terra Tech designs, markets, and sells products for indoor and outdoor farming, for both commercial and retail sectors. Through its wholly-owned subsidiary, GrowOp Technology Ltd, the company offers products made with their proprietary technology – from nutrients and lights to environmental controllers and hydroponic trailers.

The portable hydroponic trailers are some of the company’s highlighted products. They are touted as “the most advanced mobile controlled agricultural facilities”, and come in two varieties, the Big Bud and the Little Bud.

Though Terra Tech’s products are designed for traditional hydroponic cultivators and horticulturists, it has delved into the medical cannabis industry. At the start of 2014, it applied for license for a cannabis cultivation facility and dispensary in Nevada, becoming the first publicly traded company in the US to do so. The company has since created the subsidiary Medifarm LLC to focus on medical marijuana operations.

Terra Tech Corp was formerly in a different industry. It was incorporated in 2008 as Private Secretary, Inc, a VoIP software company. In 2012, it ceased its software operations as it had a merger with GrowOp Technology, leading to the current Terra Tech Corp.

Today, Terra Tech Corp is traded as TRTC in OTC markets, with a market cap of USD 68.26 M. It is led by Derek A. Peterson, its Founder, Chairman, CEO, and President. Other executives are Michael C. James, CFO; Amy Almsteier, Secretary, Treasurer, and Director; and Eric Krogius and Robert Drust, Co-Founders.

Terra Tech Corp.

18101 Von Karmen, Level 3
Irvine, CA 92612

Phone: (855) 447-6967
Fax: (888) 330-6883
Website: http://www.terratechcorp.com/


Yahoo! Finance: TRTC News

Latest Financial News for TRTC

Terra Tech Announces $20,000,000 Share Buyback Program

IRVINE, CA / ACCESSWIRE / September 16, 2019 / Terra Tech Corp. (OTCQX:TRTC) ("Terra Tech") or (the "Company"), a vertically integrated cannabis-focused agriculture company, today announced that the Board of Directors has authorized the repurchase of up to $20,000,000 of the Company's common stock. This share buyback program is in addition to the previously announced purchase of shares of the Company’s common stock in connection with the settlement of litigation with members of the Vande Vrede family. The Company expects to receive approximately $36,000,000 upon the closing of previously announced asset sales.

Terra Tech Corp. Announces Settlement of Lawsuits with Vande Vrede Family

IRVINE, CA / ACCESSWIRE / September 11, 2019 / Terra Tech Corp. (OTCQX: TRTC ) ("Terra Tech" or the "Company"), a vertically integrated cannabis-focused agriculture company, is pleased ...

Terra Tech Corp. Announces Sale of its Blum Reno Retail Assets for $15 Million

IRVINE, CA / ACCESSWIRE / August 19, 2019 / Terra Tech Corp. ( OTCQX: TRTC ) ("Terra Tech") or (the "Company"), a vertically integrated cannabis-focused agriculture company, today announced ...

Terra Tech Breaks Ground at East Dyer Road, Santa Ana

IRVINE, CA / ACCESSWIRE / August 16, 2019 / Terra Tech Corp. (OTCQX:TRTC) ("Terra Tech") or (the "Company"), a vertically integrated cannabis-focused agriculture company, today announced that it has broken ground at 620 East Dyer Road, Santa Ana, CA, following receipt of the necessary permits from the City of Santa Ana which allow construction to commence. The Company is developing a large scale, one-of-a-kind cannabis complex on East Dyer Road, which is adjacent to the 55 Freeway and acts as an entry point into the Southern California marketplace, allowing the Company to benefit from the area’s high population density and traffic.

Terra Tech Corp. Reports Financial Results for the Second Quarter of 2019

Revenue increased 19% versus the second quarter in 2018; up 40% from first quarter 2019 IRVINE, CA / ACCESSWIRE / August 8, 2019 / Terra Tech Corp. (OTCQX:TRTC) (“Terra Tech” or the “Company”), a vertically ...