Shares of Terra Tech Corp (OTCMKTS:TRTC) have continued to range sideways, but traders are no doubt interested in the stock as a potential third-tier catch-up opportunity. And this is the primary question: it has clearly lagged. So, what can we turn to as a ratification of this potential?
One candidate is the company’s recent announcement of a divestiture: In fact, the company just announced it has agreed to sell 100% of the assets of its cannabis dispensary located at 1130 East Desert Inn Road, Las Vegas, Nevada to Picksy LLC, a Nevada limited liability company, for a total consideration of $10 million. According to the release, the
payments will consist of $7.2 million in cash payments and $2.8 million in the
form of a 12 month promissory note bearing 5% interest and secured by the
Terra Tech Corp (OTCMKTS:TRTC)
has positioned itself in the cannabis space as a company that