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Looking to buy Terra Tech stock? Here’s everything you need to know, including where to buy, the current Terra Tech stock price, and what to expect from the company in the future.
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Introduction
Terra Tech Corp. is a vertically integrated cannabis-focused agriculture company. They are dedicated to cultivating and providing the highest quality medical cannabis and other agricultural products. Terra Tech’s products are available at select retailers in California and Nevada.
You can buy Terra Tech stock through a broker or online trading platform.
Terra Tech Corporation
Terra Tech Corp. is a vertically integrated cannabis-focused agriculture company. They offer development services to entrepreneurs who wish to set up their own cannabis cultivation operations and provide these entrepreneurs with the infrastructure and supplies they need to get started. Terra Tech also has their own line of branded cannabis products which are sold in dispensaries across the country.
History
Terra Tech Corporation is a vertically integrated cannabis-focused agriculture company. They are engaged in the design, build-out, and operation of fully licensed cannabis agricultural greenhouses and related facilities, process and market all stages of Cannabinoids, including hemp and marijuana. Terra Tech’s subsidiary, Edible Garden, cultivates a premier brand of local and sustainably grown hydroponic produce, sold through major grocery stores such as ShopRite, Walmart, Winn-Dixie, Ahold Delhaize, Kroger, Safeway, Raley’s Supermarkets and others nationwide.
Terra Tech’s medical cannabis holdings include Blüm Oakland and Blüm Desert Hot Springs. Blüm™ is a medical cannabis retail chain with three locations in Nevada and one location in Southern California. iMD Companies Inc., through its subsidiaries MediDENT Supplies Inc. dba dispensaries and Green Edge Gardens LLC., operates three dispensaries in Las Vegas under the “blum” brand name. Nevada Dispensary Association voted “Best Dispensary of Year” for two consecutive years.
The Company has filed an application with the Drug Enforcement Administration (“DEA”) to become a registered handler of industrial hemp which would allow them to process and sell CBD products made from industrial hemp plants not exceeding 0.3% THC on a dry weight basis federally across state lines without violating the Federal Controlled Substances Act as amended (“CSA”). However they have not received final DEA registration as of July 2018 nor has any guarantee been made that they will receive such registration.
Business Model
Terra Tech Corporation is a vertically integrated cannabis-focused agriculturist and biopharmaceutical company that engages in the development, sale, and leasing of property for the growth and cultivation of medical cannabis. The Company operates through two segments: Hydroponic Grow Facilities, which provides services related to the design, build-out, financing, and leasing of hydroponic grow facilities to licensed medical cannabis growers; and Retail Sale of Cannabis Products segment, which retails medical cannabis products through its subsidiary pharmacy located in Berkeley, California. Terra Tech Corporation was founded by Derek Peterson on November 7, 2008 and is headquartered in Irvine, CA.
Why Terra Tech?
Terra Tech is a clinical-stage biopharmaceutical company that focuses on the development of cannabis-based products. The company’s products are based on proprietary technology, which includes the use of natural plant-based extracts that are combined with small-molecule pharmaceuticals. Terra Tech’s products are designed to target a variety of conditions and diseases, including cancer, inflammation, and neurological disorders.
The Cannabis Market
The legal cannabis market is still in its early stages, but it is growing rapidly. According to a report by Grand View Research, the legal cannabis market is expected to reach $146.4 billion by 2025.
Terra Tech Corp. (OTCQX: TRTC) is a vertically integrated cannabis company that operates in the medical and recreational markets. The company cultivates and sells a variety of products, including flowers, edibles, concentrates, and topicals.
Terra Tech has a strong presence in the California market and plans to expand into other states as the market matures. The company also operates a research and development lab that is working on new products and technologies.
What sets Terra Tech apart from other cannabis companies is its focus on sustainable agriculture. The company operates two urban farms in Nevada that use cutting-edge hydroponic technology to produce high-quality cannabis plants.
In addition to its agricultural operations, Terra Tech also owns and operates several dispensaries. The company plans to open more dispensaries as the legal market expands.
If you’re interested in investing in the legal cannabis industry, Terra Tech is a company worth considering.
Vertically Integrated Business Model
Terra Tech Corp. (TRTC) operates through multiple subsidiary companies including: growOp Technology Partners, Edible Garden, and MediFarm LLC. Terra Tech’s wholly-owned subsidiary, growOp Technology Partners, is a medical cannabis company that develops and operates state-of-the-art medical cannabis cultivation greenhouses. Through this wholly owned subsidiary, Terra Tech Corp. provides agricultural products including hydroponics solutions (lighting, media, nutrients), equipment and training for the production of sustainable agriculture crops to medical cannabis patients and dispensaries throughout Nevada.Edible Garden is Terra Tech’s wholly owned edible horticulture subsidiary that seeks to utilize state-of-the-art greenhouse technologies to produce bell peppers, cucumbers, tomatoes, lettuce and herbs all year round. These products are currently distributed to grocers throughout New Jersey, New York State and Pennsylvania.
Subsidiary MediFarm LLC is implementing a new row crop system using high intensity light emitters that will allow the Company to achieve yields comparable to those of greenhouse grown crops while reducing energy consumption by 50%. MediFarm currently has two retail medical marijuana dispensaries in Nevada; one in Reno located at 1085 S Virginia St., Suite B and the other in Las Vegas at 2722 S Maryland Pkwy., Suite D. Through this wholly owned subsidiary, Terra Tech Corp.’s mission is to provide patients with the highest quality medicine while adhering strictly to industry guidelines and state regulations.
Proprietary Technology
Terra Tech Corp. is a publicly traded company that operates in the agriculture, food production and retail cannabis industries. The company’s vision is to bring these industries together to create a more efficient and sustainable food system. Terra Tech’s proprietary technology allows them to produce a variety of crops using less water and fewer pesticides. The company also operates a number of retail cannabis dispensaries in California and Nevada.
Investors may be interested in Terra Tech Corp because of its exposure to the rapidly growing legal cannabis industry. The company’s shares are traded on the OTCQB, a platform for trading over-the-counter securities.
Terra Tech Stock
Terra Tech (TRTC) is a publicly-traded company on the OTCQB, trading under the ticker symbol TRTC. As of October 1, 2020, Terra Tech had a market cap of $62.1 million. The company’s share price has been volatile in 2020, but overall, the stock is down about 30% from its 52-week high.
Stock Price
Terra Tech Corp. (TRTC) stock was trading at $0.37 as of 9:45 AM on Wednesday, Jun 24, a gain of $0.01, or 2.78%, on the day. The stock price has risen $0.04 (12.16%) over the past 12 months and $0.02 (5.71%) over the past week. It is currently trading at 70.42% of its 52 week high and 92.31% of its 52 week low
The company’s market cap is $104 million and it has a price-earnings ratio (P/E) of -60.00 . The company’s stock price has risen 12% over the past 12 months
Terra Tech Corp is a US-based company engaged in the business of designing, marketing, and producing hydroponic equipment with proprietary technology to grow plant life in an efficient and environmentally friendly manner
Trading Volume
The Terra Tech Corp. trades on the Over-The-Counter Bulletin Board (OTCBB) under the ticker symbol “TRTC.” The company has a market capitalization of $46 million and approximately 55 million shares outstanding. As of 3/31/16, Finra reported short interest of 4.4 million shares. The average daily trading volume over the past three months was approximately 2.6 million shares.
Where to Buy Terra Tech Stock
You can buy Terra Tech stock through a broker or online trading platform. Terra Tech is a publicly traded company listed on the OTCQB under the ticker symbol TRTC. Buying Terra Tech stock through a broker or online trading platform is simple and straightforward. All you need to do is open an account, deposit funds, and place your order.
Online Brokers
Anyone interested in buying Terra Tech stock will need to do so through a broker. Although there are several online brokers that cater to small investors, not all of them will allow you to buy shares of Terra Tech. In addition, some brokers may charge higher fees for penny stocks.
Here are a few online brokers that do allow you to purchase Terra Tech stock:
-Interactive Brokers
-TradeStation
-Charles Schwab
-Fidelity
Terra Tech Investor Relations
Terra Tech Corp. is a vertically integrated cannabis-focused agriculture company. They are engaged in the design, build-out, and operation of greenhouse facilities which utilize state-of-the-art technology to produce superior quality agricultural products. Terra Tech’s subsidiary, Edible Garden, cultivates a premier brand of fresh and living herbs and greens using strict organic guidelines. Terra Tech’s TRTC subsidiary operates state-of-the-art medical cannabis cultivation, extraction and retail dispensaries in Nevada and California.
Conclusion
In conclusion, Terra Tech is a publicly traded company on the OTCQB market. You can buy Terra Tech stock through a broker like TD Ameritrade, E*TRADE, or Fidelity. You can also buy Terra Tech stock directly from the company through its direct stock purchase plan.
