Las Vegas, June 1, 2015 (GLOBE NEWSWIRE) — Terra Tech Corp (TRTC) subsidiary, MediFarm is pleased to announce they are beginning construction within the next 30 days on their medical cannabis dispensary located in the City of Las Vegas. MediFarm’s 3,900 sq. ft. facility is located adjacent to the Las Vegas strip at 1921 Western Avenue. MediFarm originally received a provisional registration certificate from the State of Nevada Department of Health and Human Services Division of Public and Behavioral Health on 11/3/2014. Subsequently, MediFarm submitted its Las Vegas Business License Application to the City of Las Vegas Department of Planning Business Licensing Division on 11/12/14. The Company anticipates all improvements will be completed and the facility will be serving patients by early October 2015.
“We have made great progress in Nevada this year, and have been working aggressively with our architects and builders on our multiple projects throughout the state. Our Las Vegas retail dispensary will be our first location to open and is our anchor store within the state. We have been working with other parties throughout the State to secure high quality cannabis products to stock our shelves for patients,” explains Derek Peterson, CEO of Terra Tech. “We are focused on providing the highest quality patient experience in the city and we believe that our teams expertise with pairing strains and products with certain ailments will separate us from our competitors.”
The company will continue to update on their projects throughout the State as material milestones are met.
About Terra Tech
Terra Tech Corp. (TRTC) through its wholly-owned subsidiary GrowOp Technology, specializes in controlled environment agricultural technologies. The company integrates best-of-breed hydroponic equipment with proprietary software and hardware to provide sustainable solutions for indoor agriculture enterprises and home practitioners. Our complete product line is available at specialty retailers throughout the United States, and via our website. Through its wholly-owned subsidiary Edible Garden, cultivates a premier brand of local and sustainably grown hydroponic produce, sold through major grocery stores such as Shoprite, Food Emporium and others throughout New Jersey, New York, Delaware, Maryland, Connecticut, and Pennsylvania. MediFarm LLC is focused on medical cannabis businesses throughout Nevada. IVXX LLC is a wholly owned subsidiary that produces medical cannabis extracted products for regulated medical cannabis dispensaries throughout California.
For more information about Terra Tech Corp visit: www.terratechcorp.com
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Cautionary Language Concerning Forward-Looking Statements
Statements in this press release may be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “anticipate”, “believe”, “estimate”, “expect”, “intend” and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company’s business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and those risks discussed from time to time in Terra Tech Corp.’s filings with the Securities and Exchange Commission. In addition, such statements could be affected by risks and uncertainties related to Terra Tech Corp.’s (i) product demand, market and customer acceptance of its equipment and other goods, (ii) ability to obtain financing to expand its operations, (iii) ability to attract qualified sales representatives, (iv) competition, pricing and development difficulties, (v) ability to integrate GrowOp Technology Ltd. into its operations as a reporting issuer with the Securities and Exchange Commission, and (vi) general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release. Information on Terra Tech Corp.’s website does not constitute a part of this release.
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