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Terra Tech Corp (OTCBB:TRTC) – US Market Buzz http://www.usmarketbuzz.com Nation and Economy Mon, 20 Jul 2020 16:28:22 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.23 Marijuana Stocks Reap Benefits as Wall Street Edges Higher http://www.usmarketbuzz.com/marijuana-stocks-reap-benefits-as-wall-street-edges-higher-3197 Wed, 29 Jul 2015 16:55:57 +0000 http://www.usmarketbuzz.com/?p=3197 Wall Street edged higher on Wednesday as investors evaluated earnings ahead of a statement from the United States Federal Reserve that could give hints in regards to the timing of the interest rate hike. Investors are directing their attention on the outcome of the Fed’s two-day policy meeting with markets torn on whether it will take a hawkish or dovish stance. It’s projected that there will be no action taken on rates this week. U.S interest rates have remained near zero for nearly 10 years and the Fed has stated it will increase rates once it sees a continued recovery in the economy. There have been rumors that the Fed will raise interest rates sometime around September of this year. Now with that being said, one particular space in the market has seen positive affects from Wall Street moving higher it’s the popular Cannabis space. Cannabis stocks have gained considerable momentum in the last couple of months, as cannabis in the world remains a big talking point for politicians and lawmakers. FBEC Worldwide Inc (OTCMKTS:FBEC), Terra Tech Corp (OTCMKTS:TRTC) and CannaVEST Corp (OTCMKTS:CANV) have been in the spotlight for investors as of late.

FBEC Worldwide Inc (OTCMKTS:FBEC) is an innovative beverage company that specializes in HEMP infused energy shots and additional neutraceuticals. The company will launch its first signature HEMP infused energy shot called the WolfShot on August 1st of this year. On Wednesday the CEO issued a shareholders update discussing the launch of the new product as well as the company’s efforts to update their filings and stay under SEC Reporting guidelines. The company recently up-listed to the OTCQB last week. Next the company is currently in the closing process of a distribution contract with Colorado-based JSB Distribution Company to assist in places its product in more than 1000 targeted stores that range from independent C-stores to smoke shops and gas stations within the next 30 days. FBEC is currently trading between $0.08-$0.10 over the last couple of weeks.

Terra Tech Corp (OTCMKTS:TRTC) announced on Wednesday through its subsidiary Edible Garden, an urban agriculture company, they will expand their line of naturally grown living produce to approximately 182 Stop & Shop grocery stores throughout the Northeast. COO Ken Vande Vrede, stated, “”This is a huge success, we have been working for close to a year to get our products into Stop & Shop,” he then continued with, ”So many retailers are now in support of local farmers, helping create local jobs, and investing in their local communities, which has led to rapid Edible Garden brand expansion. The division is now cash flow positive and we are excited that our fundamentals are beginning to shape up.” TRTC over the last 10 days has seen a price increase of 132.70% from lows of $0.0795 to highs on Wednesday of $0.185.

CannaVEST Corp (OTCMKTS:CANV) a leading manufacturer and distributor of hemp-derived Cannabidiol (CBD) oil products announced on Wednesday morning that the company has finally settled its ongoing litigation with Medical Marijuana Inc (OTCMKTS:MJNA). The company’s Chairman and CEO, Michael Mona, Jr., said, “We are very pleased to achieve a full and final settlement of the litigation between CannaVest and Medical Marijuana, Inc. We believe the terms of the settlement are positive for our stockholders, and having this matter resolved allows us to avoid the cost of litigation going forward and focus on executing our growth strategy.” Over the last week CANV has seen a 100% increase from lows of $0.725 to highs on Wednesday of $1.45.

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Watch List: Terra Tech Corp (OTCBB:TRTC), Medical Marijuana Inc(OTCMKTS:MJNA), Growlife Inc(OTCBB:PHOT) http://www.usmarketbuzz.com/mjna-watch-list-terra-tech-corp-otcbbtrtc-medical-marijuana-incotcmktsmjna-growlife-incotcbbphot-1506 Fri, 17 Jan 2014 17:52:58 +0000 http://www.usmarketbuzz.com/?p=1506 Terra Tech Corp (OTCBB:TRTC) stock is trading at $0.274. Terra Technologies, McHenry, Ill., has been assigned a patent (8,622,656) developed by four co-inventors for “apparatus, systems and methods for the relocation of subsurface conduit.” The co-inventors are Robert W. Wegener, McHenry, Ill., John W. Jinnings, Leo, Ind., Mark Tingley, Rockford, Ill., and David Zarembski, Rockford, Ill.

Free Urgent Insider Catalyst Report For TRTC Available Here

Additionally, Terra Tech Corp (TRTC) subsidiary Edible Garden, a hydroponic herb and produce cultivator, on Dec. 9 said it will be displaying their line of living produce at this years New York Produce Show and Conference held in Manhattan between December 10th through 12th. The three-day event will play host to multiple conference sessions, networking opportunities and a trade show featuring over 400 companies catering to buyers representing retail as well as food service.

Medical Marijuana Inc(OTCMKTS:MJNA) shares is trading at $0.194.  The company on Jan. 10 informed shareholders and the general public that HempMedsPX(TM) — a corporate portfolio company of Medical Marijuana Inc. and the exclusive master distributor and contracted marketing company for CannaVest Corp. and Medical Marijuana, Inc. — updated the Cibdex(TM) product line labeling and added new cannabidiol (CBD)-rich hemp oil capsules to their nutritional supplement product line.

Free Urgent Insider Catalyst Report For MJNA Available Here

Additionally, MJNA on Dec. 19 announce to investors and the general public that HempMedsPX(TM) — a corporate portfolio company of Medical Marijuana, Inc. and the exclusive master distributor and contracted marketing company for CannaVest Corp. and Medical Marijuana, Inc. — has recently been approved to display a doctor’s seal of approval, a major benefit granted by consumer protection service Doctor Trusted(TM).

Growlife Inc(OTCBB:PHOT) shares is trading at $0.23. The company on Jan. 17  provide a letter from Sterling Scott, Chairman of the Board and CEO.

Free Urgent Insider Catalyst Report For PHOT Available Here 

Additionally, the company on Jan. 3 announce that the Company has added Alan R. Hammer to the Board of Directors. Hammer joins GrowLife via a Board seat allocated to CANX USA LLC, GrowLife’s recently announced Joint Venture partner which has provided the Company with a capital pledge of up to $40 million U.S. for acquisitions, growth capital, and its GIFT program operating in the legal cannabis industry. Hammer is a veteran attorney and advisor who has concentrated his law practice in the areas of investment real estate transactions and tax appeals, representing the purchasers and sellers of office buildings, shopping centers, industrial facilities and apartment complexes since 1971.

 

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