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| TRTC CEO Sheds Light on Recent Moves, News, and Provides Update on Future Moves |
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Company: Terra Tech Corp (OTCQX: TRTC)
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Last:
Price: 0.1935
Change (%): - 0.0035 (1.78)
Volume: 1,650,497 |
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Terra Tech Corp. CEO, Derek Peterson, Discusses Recent News in a New Audio Interview at SmallCapVoice.com
AUSTIN, Texas, Sept. 27, 2017 (GLOBE NEWSWIRE) - SmallCapVoice.com, Inc. (SCV) and Terra Tech Corp. (OTCQX:TRTC) (“Terra Tech”) or (the “Company”), a vertically integrated cannabis-focused agriculture company, announced today that a new audio interview with the Company, is now available. The interview can be heard at http://smallcapvoice.com/blog/9-27-17-smallcapvoice-interview-with-terra-tech-corp-trtc
Derek Peterson, Chief Executive Officer of Terra Tech called in to SmallCapVoice.com to go over the news for Terra Tech Corp. Topics covered in the interview include the recent share conversion, the two new craft cultivators in California, the provisional patent application for innovative cannabis-infused rolling papers, the LOI to acquire 50% of NuLeaf Sparks Cultivation LLC and NuLeaf Reno Production LLC and much more.
“Terra Tech is currently embarking on a period of rapid expansion, marked by progress across all areas of the business,” commented Mr. Derek Peterson. “We are taking advantage of the ongoing consolidation in the California market to expand our cultivation footprint by forming partnerships with artisanal ‘Craft Cultivators’. This model allows us to expand capacity without taking on crop or infrastructure risk, and allows us to maintain low capital expenditure.”
Mr. Peterson continued, “We are also building the Blüm retail brand, having recently expanded into Southern California where we are taking over the operations of the Reserve, an established retail dispensary. This will prepare Terra Tech for an expected ramp in demand as legal adult-use sales commence in California 2018. To support strong corporate governance as Terra Tech executes on this expansion plan, we also converted all the executives’ Preferred B shares into common stock, ensuring that management’s interests are wholly aligned with shareholders’. Terra Tech now has a strong operational platform in place to support growth in the business.”
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