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Terra Tech Corp (OTCMKTS:TRTC) has invited investors to participate at the Virtual Investor Conference that will be spearheaded by Derek Peterson, Terra Tech CEO, on Thursday.

Virtual Investor Conference

The Virtual Investor Conference of Terra Tech is a real-time, interactive, online event that will enable investors to ask questions and navigate the virtual trade booth. The company urges interested investors to check for event updates every now and then to avoid inconveniences during the event proper.

Those who will not be available to participate on Thursday will still have the chance to access an online archive of the Virtual Investor Conference, which will be available on-demand for 90 days.

US Pot Industry Growth

With the approval of recreational marijuana in California, Maine, Massachusetts, and Nevada, and medical marijuana in North Dakota, Florida, and Arkansas, many investors have become more interested in the marijuana industry.

“With plans to expand Terra Tech’s footprint in 2017, we are extremely excited about all the future opportunities we can see in this rapidly growing market,” boasted Peterson.

With Terra Tech being one of today’s biggest players in the US cannabis industry, it is well-positioned to the advantage of the heightened demand in the local market, especially in California and Nevada. For example, the company has opened a new California-based dispensary earlier this year, followed by two more dispensaries in Nevada.

Citing the turnout of the recent November ballots, Peterson believes that the US is gradually becoming affirmative of cannabis regulation especially for medical purposes. He is also confident that the national pot industry will receive a much-needed support from President-elect Donald Trump, who has always maintained that legalization of cannabis— be it medical or recreational— must rest upon state legislations.

Q3 Financial Results

For the third quarter, Terra Tech had a revenue of roughly $7 million, up by 244% year-over-year from $2 million.

The company’s Selling, General, and Administrative (SG&A) expenses had surged 104% year-over-year to about $6 million from $2.10 million. Operating loss had come in at $4.70 million, up year-over-year from $1.70 million.

On Monday morning, Terra Tech is trading at $0.36.

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Steve Kanaval: Portfolio Manager/Writer/ Market Analyst Steve began his career in the Trading Pits in Chicago making markets at the Chicago Mercantile Exchange (NYSE:CME) the Chicago Board of Trade and the CBOE in the early 80’s. He ran the Morgan Stanley Derivative Prop Trading for the firm specializing in Index Arbitrage. He continued his career as a Trader/Portfolio Manager for multiple Hedge Funds during the Internet Boom of the 90’s managing large portfolios. Steve is known as an expert in MicroCap Technology Stocks and the emerging Digital Currency markets as a Portfolio Manager for his Family Office. Steve has managed portfolio’s in volatile asset classes for 3 decades as a commodity trader, hedge fund manager and digital currency trader and miner. Steve publishes his views on the asset classes in a public forum and has published more than 10,000 articles simplifying these complex and volatile assets for readers. His work is published on multiple sites including Bloomberg, Equities.com, Hacked.com, CryptoCurrencyNews as a paid contributor. His work includes research, journalism and archived video on important market volatility related to stocks, digital currency and other volatile misunderstood asset classes. He offers a humorous, unique insight and the related back stories and drivers for readers interested in volatility and emerging market assets. Full disclosure Steve is long 25 digital currencies and sits on the board of multiple public companies involved in digital currencies, and owns shares in these companies from time to time.

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