logoTerra Tech Corp is one of the agricultural companies in the US that are now exploring the marijuana space. Though the company has been developing controlled cultivation products since 2012, its foray into the cannabis industry began only in early 2014.

Incorporated in 2008, Terra Tech started out as Private Secretary, Inc, a company that provided VoIP software products. It left the software industry in 2012, following a merger with GrowOp Technology, Ltd. This then led to the company becoming Terra Tech Corp.

Terra Tech is now traded in the OTC markets as TRTC. It has a market cap of USD 68.26 M.

The company has a wide variety of technologies for indoor and outdoor farming, such as lighting, environmental controllers, hydroponic trailers, and even plant nutrients. Terra Tech itself designs these products with proprietary technology and in partnership with commercial companies and clients. In addition, GrowOp Technology, now a wholly owned subsidiary of Terra Tech, designs and manufactures horticulture equipment for retail.

Among Terra Tech’s prime products are its portable hydroponic trailers. The company touts them as “the most advanced mobile controlled agricultural facilities”, and produces them in the Big Bud and the Little Bud types.

For its entry to the medical cannabis industry at the start of 2014, Terra Tech applied to operate a licensed marijuana cultivation facility and dispensary in Nevada. It is the first publicly traded US company to do so. It has also formed a medical cannabis subsidiary named Medifarm LLC.

The top executive at Terra Tech Corp is Founder, Chairman, CEO, and President Derek A. Peterson. Alongside him are CFO Michael C. James; Secretary, Treasurer, and Director Amy Almsteier; and Co-founders Eric Kroguis and Robert Drust.


Yahoo! Finance: TRTC News

Latest Financial News for TRTC

Terra Tech Launches Legal Cannabis Delivery Service in Orange County, CA

IRVINE, CA / ACCESSWIRE / May 15, 2019 / Terra Tech Corp. ( TRTC ) ('Terra Tech') or (the 'Company'), a vertically integrated cannabis-focused agriculture company, today announced that it has launched ...

Terra Tech Corp Reports Financial Results for the First Quarter of 2019

IRVINE, CA / ACCESSWIRE / May 9, 2019 / Terra Tech Corp. (OTCQX: TRTC) ("Terra Tech" or the "Company"), a vertically integrated cannabis-focused agriculture company, today announced ...

Terra Tech Corp Announces Sale of Blüm Desert Inn Retail Dispensary for $10 Million

IRVINE, CA / ACCESSWIRE / May 9, 2019 / Terra Tech Corp. (TRTC) (''Terra Tech'' or the ''Company''), a vertically integrated cannabis-focused agriculture company, is pleased to announce it has agreed to sell 100% of the assets of its cannabis dispensary located at 1130 East Desert Inn Road, Las Vegas, Nevada to Picksy LLC, a Nevada limited liability company, for a total consideration of $10 million. Located off the Las Vegas Strip near the Las Vegas Convention Center, the 5,220 square foot facility was initially opened by Terra Tech in October of 2016 to sell premium medical cannabis, flowers, shatters, waxes and oils, among other high-quality cannabis products from a range of reputable providers of superior grade medical cannabis.

Terra Tech Corp. Schedules First Quarter 2019 Earnings Release for Thursday, May 9, 2019

NEWPORT BEACH, CA / ACCESSWIRE / May 6, 2019 / Terra Tech Corp. (OTCQX: TRTC) ("Terra Tech") or (the "Company"), a vertically integrated cannabis-focused agriculture company, today ...

Terra Tech Commences Cannabis Sales to the Adult Use Market at Blüm San Leandro Dispensary

IRVINE, CA / ACCESSWIRE / May 3, 2019 / Terra Tech Corp. (OTCQX: TRTC) ("Terra Tech") or (the "Company"), a vertically integrated cannabis-focused agriculture company, announced today the start of cannabis sales to the City of San Leandro's adult use market. On March 19, 2019 the San Leandro City Council approved adult use sales with a start date of May 1, 2019. Terra Tech's Blüm San Leandro dispensary has seen consistent medical foot traffic and a significant number of adult users, over 200 a week on average, who have been turned away since the medical facility opened its doors on January 11, 2019 due to the prior restriction on sales.