NEW YORK, NY / ACCESSWIRE / April 25, 2018 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report with no obligation on Terra Tech Corp. (OTCQX: TRTC), a company that operates through multiple subsidiary businesses including Blum, IVXX Inc., Edible Gardens, MediFarm LLC and GrowOp Technology to grow and distribute cannabis to the US market.
The company is having significant progress in establishing recognizable brands, a loyal customer base and developing extensive cultivation capabilities, which it expects to allow for the production of up to 20,000 pounds of cannabis per year, when complete.
Read an analyst review and get current info on the cannabis market here READ MORE
Copy and paste to your browser may be required to view the report – https://secure.blueoctane.net/forms/55LN3RCWW8VG
Total revenues for the full year 2017 were $35.80 million, an increase of 41% from $25.33 million in the year ended December 31, 2016.
According to management, the company' strategy to establish its Blüm™ and IVXX™ brands as premium cannabis experiences in targeted states set the foundation for the Company to quickly expand into the adult use market when Nevada welcomed legalization in July 2017, followed by California in January 2018. These regulatory milestones significantly expanded its addressable market and transformed the Company's potential growth path.
Read about the TRTC business model and get a FYE 2017 financial review READ MORE
Copy and paste to your browser may be required to view the report – https://secure.blueoctane.net/forms/55LN3RCWW8VG
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SOURCE: Traders News Source