Terra Tech Corp (OTCMKTS:TRTC) surviving the shakeout

Terra Tech Corp (OTCMKTS: TRTC) appears to be one company that might survive the cannabis industry shakeout. 2016 was a stellar year for companies in the fast-growing cannabis industry, but 2017 has turned out to be much tougher than originally expected. Take the case of Terra Tech Corp (OTCMKTS: TRTC), which was a microcap darling in 2016, but has fallen on harder times in 2017.

Terra Tech Corp (OTCMKTS:TRTC) started the year trading at $0.33 but is currently mired at a price of $0.188, giving the company a market cap of $112.01 million. Over the most recent 52-week period, shares have traded as low as $0.14 and as high as $0.56. The greatest activity in shares of TRTC happened around the November 2016 elections, when states like Nevada were going to the polls to vote on marijuana legalization.

In the case of TRTC, Nevada is an important state. That’s because the...

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