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

Unrivaled Brands, Inc. Strengthens Corporate Governance and Cannabis Industry Knowledge With Appointment of Two Industry Veterans to Board of Directors

Provides Overview of Recent Accomplishments Highlighted by Closing of MergerSANTA ANA, Calif., July 13, 2021 (GLOBE NEWSWIRE) -- Unrivaled Brands, Inc. (OTCQX:UNRV) ("Unrivaled" or the "Company") today announced that Eric Baum and Dallas Imbimbo have joined the Company’s Board of Directors as part of the closing of the merger with UMBRLA, Inc., doing business as Unrivaled. Dallas Imbimbo has founded and scaled multiple businesses both inside and outside the cannabis sector. Mr. Imbimbo is a co-f

Terra Tech Corp. Entered into an Agreement to Monetize its Investment in Hydrofarm Holdings Group, Inc., Resulting in Gross Proceeds in Excess of $40 Million

SANTA ANA, Calif., June 15, 2021 (GLOBE NEWSWIRE) -- Terra Tech Corp. (OTCQX:TRTC) ("Terra Tech" or the "Company") today announced that the Company entered into an agreement to monetize its investment in Hydrofarm Holdings Group, Inc., resulting in gross proceeds in excess of $40 million. The Company originally made a $5 million investment in Hydrofarm in November of 2018. Frank Knuettel, Chief Executive Officer of Terra Tech, stated, “Since taking over as CEO, we have continued to review our op

180 Life Sciences Corp. Announces the Appointment of Pamela Marrone, PhD and Frank Knuettel II, MBA to Board of Directors

MENLO PARK, Calif., June 10, 2021 (GLOBE NEWSWIRE) -- 180 Life Sciences Corp. (NASDAQ: ATNF) (180 Life Sciences or the "Company"), a clinical-stage biotechnology company focused on the development of novel drugs that fulfill unmet needs in inflammatory diseases, fibrosis and pain, today announced that it has appointed Pamela Marrone, PhD, and Frank Knuettel II, MBA, to its Board of Directors (“Board”) effective upon the earlier of (a) the business day following the filing of the 2020 Form 10-K A

Terra Tech Corp. Executes an Agreement to Acquire SilverStreak Solutions Inc.

Transaction Brings Established Cannabis Delivery Operation with Strong Market Position in the Greater Sacramento Area to Terra Tech’s PlatformSANTA ANA, Calif., June 10, 2021 (GLOBE NEWSWIRE) -- Terra Tech Corp. (OTCQX:TRTC) ("Terra Tech" or the "Company") today announced that the Company has executed an agreement to acquire SilverStreak Solutions Inc. (“SilverStreak”). The closing of the transaction contemplated by the agreement is subject to certain closing conditions as set forth in a Current

Terra Tech Corp. Strengthens Balance Sheet with Monetization of Legacy Real Estate

SANTA ANA, Calif., June 07, 2021 (GLOBE NEWSWIRE) -- Terra Tech Corp. (OTCQX:TRTC) ("Terra Tech" or the "Company") today announced that the Company entered into an agreement for the sale of its non-operating N. 4th Street property in Las Vegas, NV. Based on local zoning changes, the property cannot be used for any cannabis related activities. The sale price of $2.6M results in an approximate $900K balance sheet improvement, after paying off the existing $1.6M mortgage on the property and related