Terra Tech Corp (OTCMKTS:TRTC) Subsidiary Obtains Permits to Operate Nevada Medical Cannabis Dispensaries

Terra Tech Corp (OTCMKTS:TRTC)

Terra Tech Corp (OTCMKTS:TRTC) provided an update on the continued development and expansion of MediFarm and Blum ™ in Nevada. The company’s subsidiary, MediFarm, obtained approvals from Unincorporated Clark County for its land use applications for medicinal cannabis dispensaries.

The details

 Terra Tech has already obtained a provisional operational permit from Nevada State in 2014. MediFarm was listed sixth and seventh out of nearly 37 County dispensary applications obtained by the State. Derek Peterson, the CEO said that he is excited at the results from Clark County. The team has worked hard on these two applications and they look forward to establishing two additional retail outlets that can offer incomparable service to the patients in state.

The market reach

The CEO further added that they now have four medical cannabis dispensaries, two extraction and production facilities and two cultivation centers to design and develop , transforming company one of the largest cannabis operators within the Nevada State. Terra Tech feels comfortable with its ability to both manage and fund the various construction projects and the team will immediately commence working with builders and architects to break ground as soon as possible. The company will release additional updates on Nevada projects in the coming period.

The profile

Terra Tech along with its wholly-owned subsidiary entity GrowOp Technology offer services in medical cannabis industry. The subsidiary specializes in restricted environment agricultural technologies. It integrates hydroponic equipment and patented software and hardware to give sustainable solutions for indoor agriculture enterprises as well as home practitioners. Terra Tech Corp (OTCMKTS:TRTC) complete product line can be explored at specialty retailers throughout the country.

In last trading session, the stock price of Terra Tech jumped more than 7% to close the trading session at $0.147. The gains came at a share volume of 3.75 million compared to average share volume of 1.82 million.

Published by Brendan Byrne

While studying economics, Brendan found himself comfortably falling down the rabbit hole of restaurant work, ultimately opening a consulting business and working as a private wine buyer. On a whim, he moved to China, and in his first week following a triumphant pub quiz victory, he found himself bleeding on the floor based on his arrogance. The same man who put him there offered him a job lecturing for the University of Wales in various sister universities throughout the Middle Kingdom. While primarily lecturing in descriptive and comparative statistics, Brendan simultaneously earned an Msc in Banking and International Finance from the University of Wales-Bangor. He's presently doing something he hates, respecting French people. Well, two, his wife and her mother in the lovely town of Antigua, Guatemala. You may contact Brendan via his email (brendanbyrne@wallstreetpr.com) or his Google+ page (https://plus.google.com/u/0/116608759701551457422).

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