Terra Tech Signs Distribution Agreement in SoCal


Thomas Mitchell

September 24th, 2015

News


TRTC Chart

Terra Tech Corp. ( ), a vertically integrated cannabis-focused agriculture company, recently announced an exclusive agreement with a large distributor based in Southern California that specializes in the placement of medical cannabis infused products and concentrates. According to management, distribution has already started on a limited basis with the company reporting unprecedented sales growth as a result.

“This period is shaping up to be a record quarter for us, as we have already sold more IVXX cannabis products and concentrates than any other quarter in company history,” said CEO Derek Peterson. “As we continue to ramp up our marketing efforts and raise visibility of the IVXX brand, we’re working hard to further expand our relationship with the Southern California distributor and to strengthen relationships with distributors and retailers beyond California.”

The announcement comes shortly after the company announced an up-listing to the OTCQX and the ongoing expansion of its IVXX branded cannabis products, which are now available at seven additional California-based medical cannabis collectives. In addition, the company launched its website for the brand at www.ivxx.com where patients and enthusiasts can learn more about the products, find local retailers, and purchase branded gear.

“During the quarter, we’ve continued to garner significant traction throughout California, particularly in the Southern region,” said Derek Peterson CEO of Terra Tech. “These new outlets represent the progress we’ve made to date in accommodating the needs of local communities and further strengthening the Terra Tech brand. Looking ahead, we’re well on our way to become industry’s most trusted supplier of exceptional premium cannabis products.”

Shares of Terra Tech jumped nearly 3% in early trading on Thursday, September 24, 2015 following the news release.

About Thomas Mitchell



Network Partners

Follow Us on Social Media

About CannabisFN

Cannabis Financial Network (CannabisFN) is brought to you by TDM Financial, a financial media group and owner of SECFilings.com with over a decade of experience educating the markets, profiling public and private companies, and developing specific investor audiences. CannabisFN is the largest dedicated financial network covering the cannabis and medical marijuana (MMJ) industries and publishes industry news, thought leader and executive interviews, and stories on the fluid business and regulatory environment while serving as a leading corporate communications platform for companies operating in the industry.

Learn How Your Company can Be Covered on CannabisFN

Disclaimer: Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: http://www.cannabisfn.com/legal-disclaimer/.

Copyright © TDM Financial LLC · All Rights Reserved · Privacy Policy · Legal Disclaimer

loading