Blum Holdings Inc (BLMH)

[mick]

TRTC/ Terra Tech Corp
Global Voices in News and Social Media
LATEST UPDATED: 10.11.2017, 09:00

https://sentifi.com/stocks/terra-tech-corp

Farm & Construction Equipment
4700 Von Karman, Newport Beach, US
Derek Peterson
Terra Tech Corp was incorporated in Nevada on July 22, 2008,under
the name Private Secretary, Inc. The Company changed its name to TerraTech Corp. on January 27, 2012. On February 9, 2012, the Companycompleted a reverse-triangular merger with
GrowOp Technology Ltd. It createssustainable solutions for food production, indoor cultivation, rare and exoticplants,
and agricultural research and development.

The Company through its wholly-owned subsidiaryis engaged in the design,
marketing and sale of hydroponic
equipment withproprietary technology to create sustainable solutions
for the cultivation ofindoor agriculture.

It is also a retail seller of locally grownhydroponic produce
through its wholly-owned subsidiary, Edible Garden Corp.

Its operating and reportable segments are currently organized around
the products that the Company offers as part of its core business
which are Hydroponic Produce and Cannabis Products. Its locally
grown hydroponic produce is started from seed and is grown in environmentally controlled greenhouses.

When harvested the products are sold through retailers targeted to customers seeking fresh produce locally grown using environmentally sustainable methods. Its cannabis products are currently produced
in its lab in California and will be sold in California.

The Company was granted eight provisional permits in Nevada and has received approval from the local authorities with respect to six of
the eight permits. Its products include Environmental Controllers & Timers, Tents & Film, Ducting & Filtration, Fans,Ballasts, Bulbs, Reflectors, Nutrients, Portable and Hydroponic Trailers

Its subsidiary GrowOp Technology Ltd operates in two distinct
markets such as commercial agriculture and retail agriculture.
There are numerous manufacturers that are available to
GrowOp Technology Ltd, and therefore,
it is not limited in the number of suppliers available nor
dependent
on any one supplier. In the retail agriculture market, three main manufacturers and distributors currently dominate the market in
which GrowOp Technology competes which includes Sunlight Supply, Hydrofarm,and BWGS.

It's another subsidiary Edible Garden's main competitors are
Shenadoah Growers and Sun Aqua Farms. To a lesser extent,
Edible Garden competes with Green Giant, Del Monte, Rock Hedge Herbs, and Infinite Herbs.