Terra Tech Corp. (OTCMKTS: TRTC)

  • Symbol:OTCMKTS: TRTC
  • Sector:Healthcare
  • Industry:Cannabis
  • CEO:Matthew Morgan
  • Founded:2010
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Terra Tech Corp. (OTCMKTS: TRTC) Stock Price

Disclaimer: Past performance is not an indicator of future performance.

Terra Tech Corp. (OTCMKTS: TRTC) Company Overview

Founded in 2010 by two Morgan Stanley investment bankers, Terra Tech Corp is a vertically integrated holding company operating within cultivation, production and the distribution of medicinal cannabis.

As the first publicly-traded company to utilise the plant Terra Tech has had vital experience in the cannabis industry, including a focus on genetics, that may lead to some new vertical disrupting initiatives.

The company recently completed a successful merger with OneQor Pharmaceutical as part of its transformative strategy. The merger will position Terra Tech as an acquirer, owner and manager of a diverse group of businesses operating within the cannabinoid industry.

2020 will see Terra Tech leveraging OneQor's team of scientists to proprietary formulations and manufacture cannabinoid products for the pharmaceutical industry.

End of year results for 2019 saw a generated revenue increase of US$7.89 million, with the company bringing in a gross profit of approximately US$14.65 million, compared to last years gross profit of approximately US$7.01 million, an increase of approximately US$7.64 million.

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