Terra Tech Corp (OTCQB: TRTC)
Terra Tech Corp. (TRTC) through its wholly-owned subsidiary GrowOp Technology, specializes in controlled environment agricultural technologies. The company integrates best-of-breed hydroponic equipment with proprietary software and hardware to provide sustainable solutions for indoor agriculture enterprises and home practitioners. Our complete product line is available at specialty retailers throughout the United States, and via our website. Through its wholly-owned subsidiary Edible Garden, cultivates a premier brand of local and sustainably grown hydroponic produce, sold through major grocery stores such as Shoprite, Fairway Markets and others throughout New Jersey, New York, Delaware, Maryland, Connecticut, and Pennsylvania.
Terra Tech Corp. is pioneering the future by integrating the best of the natural world with technology to create sustainable solutions for food production, indoor cultivation, rare and exotic plants, and agricultural research and development. The emerging trend of urban and indoor agriculture has fostered an entrepreneurial push by companies to bring their concept to market. Many of these companies lack the both the intellectual resources and manufacturing capabilities to bring their idea to fruition. That is where Terra Tech can help. We have the team and the resources to help bring your design from concept to production. By utilizing our processes and best practices in conjunction with our manufacturing capabilities you can be assured that your design will be fabricated to spec and within budget.
With a rapidly growing population and diminishing natural resources controlled agriculture is both an effective and necessary technology to sustain and feed our global population. Terra Tech is uniquely poised to capitalize on this growing market.
|Price as of 8/25/15||0.1123|
|52 Week Range||0.08 – 0.57|
|Market Value||$25,285,862 a/o Aug 24, 2015|
|Authorized Shares||350,000,000 a/o May 06, 2015|
|Outstanding Shares||251,905,171 a/o Aug 07, 2015|
|Float||194,174,152 a/o May 06, 2015|
|Transfer Agent||West Coast Stock Transfer Inc.|
|Shareholders of Record||92 a/o Mar 27, 2015|
|Short Interest||202,811 (384.24%) Jul 31, 2015|
Recent News Highlights
Terra Tech Corp (TRTC) subsidiary Edible Garden, a locally grown herb and produce cultivator, signed a distribution deal with Sunshine Growers out of Lakeland, Florida. Under the terms of the deal Sunshine will cultivate the full line of Edible Garden produce to be sold throughout the Florida market. Terra Tech will manage the marketing and sales, while Sunshine will be responsible for the cultivation, packaging, and shipping of the product for retail sale. Sunshine operates approximately 10-acres of greenhouse run by over 45 employees.
Terra Tech Corp (TRTC) subsidiary Edible Garden, an urban agricultural company, is pleased to announce that their line of sustainable and locally-grown produce is now available at DeMoulas Market Basket throughout Massachusetts and New Hampshire. Market Basket with over 70 grocery stores has established itself as a leading food retailing destination throughout the Northeast.
Terra Tech Corp (TRTC), through their subsidiary GrowOp Technology, today announced it has entered into a strategic partnership with Inergetics, Inc. (NRTI), a leading developer of nutritional supplements, to jointly develop a line of natural Cannibidiol based nutritional supplements. The strategic partnership will combine Inergetics’s proven expertise in successfully developing and marketing innovative nutritional supplements that help consumers lead better and healthier lives with Terra Tech Corp’s agricultural expertise and established distribution network of dispensaries in legalized medical cannabis markets.
The marijuana industry has been experiencing rapid growth in recent years with 18 U.S. states now authorizing cannabis for medicinal purposes and Colorado and Washington now legalizing recreational marijuana as well. In 2011, the medical marijuana industry was valued at near $2 billion.
Diversified Client Base.
Terra Tech Corporation has not only penetrated the marijuana industry with its full line of indoor horticulture products, but also has clients large and small that utilize their commercial line of products in the growing indoor agriculture industry.
Terra Tech has been the focus of articles and news videos on the industry published by Fox Business’ “The Willis Report,” CTV (Canada’s largest news network), The Huffington Post, The Exchange (featured on Yahoo Finance) and MarketWatch.com, a Wall Street Journal property, amongst other publications.
Aggressive Growth Strategy.
In December, Terra Tech signed a Letter of Intent to acquire NB Plants, a 116-acre New Jersey hydroponic farming operation, and its brand “Edible Garden;” entering the $20 billion fresh produce market. The NB Plants products are sold in more than 120 major grocery chains throughout the Northeast.
Solid Management Team.
Terra Tech’s executives have decades of experience at major financial institutions and other organizations, including Smith Barney, Wachovia and Morgan Stanley. Additionally, the team includes a LEED Accredited Architect to manage commercial projects.
Tight Share Structure.
Terra Tech has about 82 million shares outstanding. At 42 cent per share, that equates to a market capitalization of only $34.5 million.
Terra Tech Corp
18101 Von Karmen, 3rd floor.
Irvine, CA 92612.
Phone: (855) 447-6967
Fax: (888) 330-6883