Subject: TRTC Cements Position as Industry Leader with Opening of Third Massive Blüm Retail Dispensary in Nevada

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TRTC Cements Position as Industry Leader with Opening of Third Massive Blüm Retail Dispensary in Nevada
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Company: Terra Tech Corp (OTCQX: TRTC)


Price: 0.427

Change (%): + 0.015 (3.64)

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Terra Tech Announces Grand Opening Date of Third Nevada-Based Medical Cannabis Dispensary

Grand Opening of Las Vegas Flagship Blum Dispensary at Desert Inn to Be Held on October 22, 2016

NEWPORT BEACH, CA-(Marketwired - October 11, 2016) - Terra Tech Corp. (OTCQX: TRTC) (“Terra Tech”) or (the “Company”), a vertically integrated cannabis-focused agriculture company, today announced the Grand Opening of its latest Blüm retail dispensary, to be located on Desert Inn Las Vegas, Nevada, will be held on October 22, 2016. This is Terra Tech’s third retail location in Nevada and follows the opening of the Western Las Vegas Dispensary in April, 2016 and the South Decatur Boulevard Las Vegas Dispensary in August, 2016. The Company also operates a Blüm dispensary in Oakland, California.

The 5,220 square foot facility is located at 1130 East Desert Inn Road, Las Vegas, east of the Las Vegas Strip next to the Convention Center. The Decatur Boulevard Blüm Dispensary will offer the Company’s proprietary IVXX™ brand of premium medical cannabis, flowers, shatters, waxes and oils, among other high-quality cannabis products from a range of reputable providers of superior grade medical cannabis.

Derek Peterson, CEO of Terra Tech, stated, “With the opening of our third Blüm dispensary in Nevada we are able to position Terra Tech as an industry leader in the medical cannabis market at a time when the legal cannabis industry is gaining momentum. Desert Inn is a strategic location for Terra Tech because Las Vegas attracted a record-breaking 42 million tourists in 2015. As Nevada is one of the few states to accept both local and out-of-state medical cannabis authorizations as part of a multi-state reciprocity agreement, this enormous tourism market is accessible to medical cannabis providers. There is a significant market opportunity for well-managed legal operators to establish themselves as leaders in this fast growing sector. Given the early success of our Western Las Vegas and South Decatur Boulevard dispensaries which opened this year, we are confident the Desert Inn dispensary will play a meaningful role in our expansion into a nationwide medicinal cannabis provider.”

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