Las Vegas, Aug. 19, 2014 (GLOBE NEWSWIRE) -- Terra Tech Corp (TRTC) is pleased to announce their subsidiaries MediFarm, MediFarm I and Medifarm II have submitted their applications to operate Medical Marijuana Enterprises (MME) to the state of Nevada. The following summarizes the applications:
Clark County Nevada
Dispensary on Decatur Blvd
Dispensary on Dessert Inn Rd
Cultivation on Gary Ave
Production on Gary Ave
City Of Las Vegas
Dispensary on Western Ave
Dispensary on S. Virginia St
Cultivation on Pyramid Way
Production on Pyramid Way
The Company has already received a special use permit for a cultivation and production facility in Clark County, Nevada and has already submitted its applications for both a special use permit and compliance permit to the City of Las Vegas. Terra Tech has received notice by the City that they are scheduled to appear on the September 30th planning commission agenda. The company submitted their state applications to operate dispensaries within Clark County. If MediFarm is ranked well by the State, and any of the 18 selected by the County are not it potentially creates another opportunity for the company within the County.
"Our team, led by Salwa Ibrahim, did a fantastic job of managing the thousands of pages of documents and aggressive timelines. These applications required coordination between legal, engineers, architects, security, real estate and other professionals in order to assemble the necessary components within the applications framework. Refining this process positions us well to compete throughout the country, explains Derek Peterson, CEO of Terra Tech.
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, Walmart, A&P, Kroger and others throughout Massachusetts, New Hampshire, New Jersey, New York, Delaware, Maryland, Connecticut, Pennsylvania, Maine, Indiana, and Ohio.
For more information about Terra Tech Corp visit: http://www.terratechcorp.com
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For more information about Edible Garden visit: http://www.ediblegarden.com
Visit Edible Garden on Facebook @ https://www.facebook.com/ediblefarms
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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Released August 19, 2014