We’ve been covering Terra Tech Corp (OTCMKTS:TRTC) pretty consistently in 2017, and while the stock hasn’t made much progress on the chart, we have been observing as the company has been setting itself up for future success.
Last week, there came a pair of announcements regarding the latest happenings at Terra Tech, so we wanted to relay those to our readers today to make sure everyone is up to speed. We try our best to routinely stay on top of stocks that we discuss on multiple occasions.
First, on Wednesday morning Terra Tech Corp (OTCMKTS:TRTC) announced that its subsidiary, Edible Garden, has been selected by two new customers, Hannaford supermarket and Sweetgreen restaurants, to supply organic fresh herbs to selected retail outlets.
Hannaford was founded in 1883 as a fresh produce vendor in Portland, Maine, and is now a major supermarket chain with over 180 stores servicing the New England area. Sweetgreen is an established restaurant, founded in 2007, with over 75 locations across eight states. The first orders of Edible Garden’s organic herbs to both new customers were shipped late last month.
Edible Garden’s line of USDA Certified Organic herbs are non-GMO and GFSI Certified, delivering on Edible Garden’s commitment to using the safest standards and most energy efficient technologies available, allowing consumers to experience superior-quality, nutrient-dense produce, free of contaminants and pesticides.
Derek Peterson, CEO of Terra Tech, commented, “Edible Garden continues to expand its footprint throughout the U.S. adding more trusted customers to our family of stores. Securing purchase orders from customers such as Hannaford and Sweetgreen restaurants, which are known for their commitment to high quality and natural foods, expands our distribution into food service and new regions while reinforcing our brand message. Similar to Edible Garden, Hannaford has a commitment to carrying local products and places sustainability and healthy communities at the center of its strategy. Sweetgreen values transparency around what’s in your food and where it comes from, preferring to partner with those who support sustainable farming and traceability. Edible Garden’s growing reputation for employing ethical production practices, while maintaining maximum flavor, freshness, and nutrient content, has enabled it to secure reputable customers such as these as we capitalize on the growth in the health and wellness industry.” (Source: Marketwired)
Just a day later on Thursday, announced that CEO Derek Peterson will participate on an industry panel and host a presentation about Terra Tech Corp. at the New West Summit, in Oakland, California, on Saturday, October 14, 2017.
New West Summit focuses exclusively on the game-changing, disruptive developments in technology, investment and media within the cannabis space. The Summit and panelists of active, accredited investors and successful entrepreneurs will look at the future of branding, media, technology, non-profits, venture-backed startups, publicly traded companies and crowd-funding in the new “green rush” industry of Cannabis. (Source: Marketwired)
Last year around this time, TRTC made an impressive run to more than .50 per share, and while it has not made any huge moves in 2017 thus far, 2018 is gearing up to be another big year for the cannabis industry as a whole so we’re keen to continue our coverage of cannabis plays like TRTC. Stay locked to Street Register for updates, and we’ll provide important developments on TRTC as they unfold. In the meantime, if you’ve yet to sign up for our 100% free newsletter, do so now! Just enter your active email address into the box below and submit!
Disclosure: No one at Street Register has been compensated in any way for the publishing of this article, nor do we hold any position in TRTC stock, short or long.