Terra Tech Corporation (TRTC) runs multiple subsidiaries, including Blüm, a retail dispensary for medical cannabis products. The company has locations in Nevada and New Jersey, with a bulk of properties in California.
"In California, we currently have dispensary operations in Oakland and Santa Ana, and are continuing to build out another dispensary in San Leandro as well as cultivation and extraction facilities in the state," said Terra Tech CEO Derek Peterson. "We are encouraged by our progress establishing recognizable brands, a loyal customer base and developing extensive cultivation capabilities, which we expect to allow for the production of up to 20,000 pounds of cannabis per year, when complete."
In addition, the company just secured a permit to manufacture cannabis at its 15,000 sq. ft. facility in Reno, Nevada.