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| TRTC Sub Grows Nationally with Florida Distribution Deal: Terra Tech Subsidiary Edible Garden Signs Distribution Deal with 10-Acre Florida Based Farm |
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Company: Terra Tech Corp (OTCQB: TRTC)
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Price: 0.5199
Change (%): + 0.0249 (5.03)
Volume: 4,559,002 |
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Terra Tech Subsidiary Edible Garden Signs Distribution Deal with 10-Acre Florida Based Farm
Edible Garden Expands Florida Footprint
Lakeland, Feb. 24, 2014 (GLOBE NEWSWIRE) - 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.
“This is a significant step for us within a market that is a major focus” says Derek Peterson, CEO of Terra Tech Corp. “Sunshine produces and ships a significant amount of flowers and we have the confidence they can manage both the cultivation as well as the logistics of the produce. A facility of this size gives us the footprint we need to service larger retailers offering consumers a locally grown product throughout Florida.”
Edible Garden selected Sunshine due to their experience, location and passion to produce a top tier product. Sunshine has a long history growing flowers for major retailers throughout Florida as well as a strong logistics infrastructure to manage a high volume of business. Their operations are located in central Florida positioning them to distribute Edible Garden to Tampa, Orlando and South Florida all within a few hours.
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