Blum Opens Second Dispensary in Las Vegas, Grand Opening Is August 20, 2016

NEVADA:  Terra Tech Corp, a vertically-integrated, cannabis-focused agriculture company, today announced the Grand Opening of its latest Blüm retail dispensary, to be located on 3650 South Decatur Boulevard, Suite 6 & 7, Las Vegas, Nevada, will be held on August 20, 2016. This is Terra Tech’s second retail location in Nevada and follows the opening of the Western Las Vegas Dispensary in April 2016. The Company also operates a Blüm dispensary in Oakland, California.

The 4,800 square foot facility is located on Decatur Boulevard, on the west side of the Las Vegas metropolitan area. The Decatur Boulevard Blüm Dispensary will offer the Company’s proprietary IVXX™ brand of premium medical cannabis, flowers, shatters, waxes and oils, among other high-quality cannabis products from a range of reputable providers of superior grade medical cannabis.

Derek Peterson, CEO of Terra Tech, commented, “Once the final city and state inspection has been completed, we will have the South Decatur Boulevard store Grand Opening on August 20th. We invite investors and media to come to the Grand Opening and take a look at our selection of premium medical cannabis products.”

Mr. Peterson continued, “This November, the recreational marijuana initiative is on the ballot in Nevada. We have purposefully selected this location to take advantage of not just local tourism, but also demand from the sizeable local residential population which is anticipated to significantly increase should recreational use of cannabis be legalized. With the strategic placement of this dispensary we are well positioned to treat our patients with the highest grade cannabis products in a prime location.”

The dispensary will be operated through the Company’s subsidiary, MediFarm, LLC, and the Grand Opening, on August 20, 2016, will mark the official launch of the dispensary. The Company also plans to open a third dispensary on Desert Inn Road near the Las Vegas Convention Center, and another dispensary in Reno, northwest Nevada by the end of the summer season.