Terra Tech Corp (OCTMKTS:TRTC) Continues Expanding Its Interests in Cannabis Market
Boston, MA, 03/31/2014 (medicalmarijuanareporter.com) – One of the strangest decisions ever made by a software stock was to leave this industry and move into the Cannabis-related industry. This is what Terra Tech Corp (OCTMKTS:TRTC) has done. Whereas you would normally expect such shift in focus to result into huge losses and a period of sustained unpredictability as well as instability, TRTC has not suffered such. TRTC seems to be doing well in the cannabis industry, and is now one of the most sought after stocks in this new market. Terra Tech Corp (OCTMKTS:TRTC) owes the new interests and demand for its stock to the unquestionable business models as well as management teams that it boasts of.
Terra Tech owes its remarkable performance to an impressive and highly competent management team. Secondly, the company has continued to develop a wonderful business plan, which has seen it expanding its interests in Hemp. The reason for this is that Terra Tech believes the market it is in is not being served in the right manner. The company believes that it has the best opportunity for growth, both rapidly and in the long-term, that it never enjoyed previously when it was purely a software firm. Consequently, TRTC has focused more on developing state-of-the-art greenhouse equipment, designed for both professional and amateur cannabis growers.
TRTC has invested in equipment that will help it to extract Hemp, a top Cannabis compound that has wonderful benefits medically. Since the medical cannabis industry has been growing rapidly, stocks such as Terra Tech Corp (OCTMKTS:TRTC) will be the biggest beneficiaries. As the growing of medical cannabis continues to be legalized all over the US, and around the world, expect TRTC to see a rapid rise in it’s stock now that it has put in place competent and sound management team to run the business. TRTC operates in an industry that is expected to be one of the largest and fastest growing globally in the next ten years.