Terra Tech Breaks Ground at East Dyer Road, Santa Ana – Yahoo Finance

Construction begins to build large scale, one-of-a-kind cannabis complex in major cannabis market

IRVINE, CA / ACCESSWIRE / August 16, 2019 / Terra Tech Corp. (OTCQX:TRTC) (“Terra Tech”) or (the “Company”), a vertically integrated cannabis-focused agriculture company, today announced that it has broken ground at 620 East Dyer Road, Santa Ana, CA, following receipt of the necessary permits from the City of Santa Ana which allow construction to commence. The Company is developing a large scale, one-of-a-kind cannabis complex on East Dyer Road, which is adjacent to the 55 Freeway and acts as an entry point into the Southern California marketplace, allowing the Company to benefit from the area’s high population density and traffic.

Terra Tech purchased the 45,000 square foot facility at 620 East Dyer Road in January 2018 to expand its retail presence in Southern California. In addition, the Company plans to include an event facility to host large-scale cannabis themed events, such as concerts and movie nights.

Chief Executive Officer, Derek Peterson, said, “I would like to extend our thanks to the City of Santa Ana for its ongoing support as we advance our plans to build out a Blüm-branded retail dispensary at our East Dyer location. We are also developing a cannabis event center, which is anticipated to make us a highly sought-after destination in one of the country’s most important cannabis markets. The Dyer Road facility is in a densely populated area, with approximately 4,100,000 residents living within 20 miles of the location. It also benefits from a high level of tourism due to its proximity to Disneyland, another major Southern California attraction. This is a very exciting project for us and we expect construction to be completed in the fourth quarter of 2019.”

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