InvestorsHub Logo
Followers 641
Posts 38176
Boards Moderated 1
Alias Born 03/29/2003

Re: None

Tuesday, 08/14/2018 9:25:21 AM

Tuesday, August 14, 2018 9:25:21 AM

Post# of 290030
Terra Tech Corp. Announces Partnership with Valiente Group to Produce Cannabis-Infused, Non-Alcoholic Beverages:

https://www.otcmarkets.com/stock/TRTC/news/Terra-Tech-Corp-Announces-Partnership-with-Valiente-Group-to-Produce-Cannabis-Infused-Non-Alcoholic-Beverages?id=200890

IRVINE, Calif., Aug. 14, 2018 (GLOBE NEWSWIRE) -- Terra Tech Corp. (OTCQX: TRTC), (“Terra Tech” or the “Company”) a vertically integrated cannabis-focused agriculture company, is pleased to announce that it has partnered with the Valiente Group, a beverage production company that specializes in cannabis infusion, to produce a line of cannabis-infused beverages under the IVXX brand.

The Company, through the partnership, is currently developing a range of non-alcoholic, cannabis-infused beverages, including ‘champagne’, ‘apple cider’, lemonade ‘margarita’ mix, zero calorie lemon lime soda and cherry lime sparkling water. The infusion technology will be powered by SORSE branded technology, a product of Tarukino Holdings, a patent pending Emulsion process which leaves beverages without oily residues and without cannabis flavor. The Company is simultaneously developing a single shot flavorless, odorless 5 milligram and 10 milligram shot that can be added to any beverage or craft cocktail for at-home infusion.

Additionally, the Company is building-out a large-scale production and bottling facility at its Dyer Road facility located in Santa Ana, California, for distribution within the California Market.

“Our relationship with the Valiente Group will enable our initial entrance into the cannabis-infused, non-alcoholic beverage market, which is among the least crowded segments in the adult-use cannabis industry and presents a tremendous first mover opportunity for Terra Tech,” Derek Peterson, CEO of Terra Tech, stated. “The build out of our Dyer Road facility will serve the growing demand for cannabis-infused beverages in the California Market and, in the future, we expect it to enable distribution to other markets, including Nevada.”

To be added to the Terra Tech email distribution list, please email TRTC@kcsa.com with TRTC in the subject line.


** DD8 found this article first = special thanks.

______________________________________________

Note:
Terra Tech Corporation......is another Canopy Growth Story in the making:

https://microsmallcap.com/cannabis/terra-tech-expansion-plans/

"Market pundits, however, believe that Terra Tech stock has the potential to bounce back sharply, supported by improvement in its financial numbers and aggressive growth plans.

Its fiscal 2017 revenue rose 41% year over year to $35 million, driven by its extensive market penetration in California and Nevada.

Commenting on the business strategy, its CEO said, “Our strategy to establish our Blüm™ and IVXX™ brands as premium cannabis experiences in targeted states set the foundation for the Company to quickly expand into the adult use market when Nevada welcomed legalization in July 2017, followed by California in January 2018.”

The company is looking to expand its footprints in key U.S. cannabis markets. It has already been operating two dispensary operations in California, and the company is looking to open one more this year.

The company expects its total cannabis production from California to land around 20,000 pounds per year. On the other hand, Terra Tech plans to expand its market position through acquisitions and investments for improvement of their infrastructure."


Double Note:
The U.S. has an unlimited amount of customers and not enough Marijuana to go around.

This insures Big Time growth......where...as Canada has the Population of only one state in the U.S.

California.

There will be a glut of Marijuana in Canada in 2019[too much produced].....while having a Glut of Customers[not enough produced] in the United States.

It's like having 10 customers and only being able to supply 3 of them in the United States!

Humongous Growth coming for the #1 U.S. Marijuana Supplier in latter 2018 and going forward into 2019.

$$$$ TRTC $$$$

JMHO