EXHIBIT 99.1

Terra Tech Corp. Reports Financial Results for the Third Quarter of 2017

Revenues increased 46% year-over-year, driven by adult-use sales in Nevada

IRVINE, CA – November 9, 2017 -- Terra Tech Corp. (OTCQX: TRTC) ("Terra Tech" or the "Company"), a vertically integrated cannabis-focused agriculture company, today announced its third quarter 2017 financial results for the period ended September 30, 2017.

“The third quarter marked the expansion of Blüm^(SM)’s cannabis sales into Nevada’s adult-use market for the first time,” said Derek Peterson, Chief Executive Officer of Terra Tech Corp., “This was a turning point for the Company, as it opened up our total addressable market significantly. We are pleased with our early-stage traction in the adult-use market, which drove 82% revenue growth in the cannabis segment compared with the same period in the prior year. To support the increased demand for cannabis products throughout Nevada we are expanding our cultivation and production facilities through an arrangement with NuLeaf, and expect to start ramping production at the new facilities in Sparks, NV and Reno, NV by the end of the year.”

Mr. Peterson continued, “We expect the favorable market conditions to continue to accelerate our growth, with California adult-use sales expected to come online in 2018. We have taken several steps to position the Company to leverage this major opportunity, including expanding our Blüm brand in California by operating a new dispensary in Santa Ana (previously known as The Reserve), and constructing a new Blüm dispensary in San Leandro, which is expected to open in early 2018. We are investing in our California production facilities so that we can rapidly pivot to meet demand from the adult-use market as legal sales commence in 2018. During the third quarter we signed our second craft cultivator agreement to enable us to expand our production, and our new cultivation facility in Oakland, California is expected to be fully operational in early 2018.

“The cannabis segment contributed 86% of total revenues in the third quarter and represents a major growth opportunity for Terra Tech. As we advance our plans to grow market share in the cannabis market, we are also experiencing success with Edible Garden™, a provider of herbs and leafy greens to consumers in the U.S., which saw improved gross profits and gross profit margins year over year. We are encouraged by the strong results we reported this quarter and look forward to continuing to grow the business and build value for our shareholders,” concluded Mr. Peterson.

Financial Update:

·	Total revenues generated for the third quarter ended September 30, 2017 were $10.1 million, compared to $7.0 million in the same period in 2016. The increase was driven by sales in the cannabis segment which increased 81.8%, due to higher sales from the Company's four Nevada-based Blüm Dispensaries. It was partially offset by lower sales from Edible Garden due to the discontinuation of sales of its low-margin floral products.
·	Gross profits for the third quarter ended September 30, 2017 were approximately $2.3 million, compared with $1.3 million in the prior year period. Gross margin for the third quarter of 2017 amounted to approximately 23%, compared with a gross margin of approximately 18% for the third quarter of 2016. The improvement in gross margin was due to the sales of higher margin cannabis products and the expiration of the floral product contract at Edible Garden.
·	Selling, general and administrative expenses for the third quarter of 2017 amounted to approximately $6.2 million, compared to approximately $5.9 million for the third quarter of 2016. The increase was partially due to an increase in salaries due to new hires associated with the Blüm dispensaries and an increase in accounting and compliance personnel costs. Other expenses include an increase in depreciation expense due to fixed assets placed in service for the Nevada dispensaries.

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Business Update:

·	Cannabis Segment Updates:

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·	Edible Garden Updates:

About Terra Tech

Terra Tech Corp. (OTCQX: TRTC) operates through multiple subsidiary businesses including: Blüm, IVXX Inc., Edible Garden, and MediFarm LLC. Blüm’s retail and medical cannabis facilities provide the highest quality medical cannabis to patients who are looking for alternative treatments for their chronic medical conditions as well as premium cannabis to the adult-use market in Nevada. Blüm offers a broad selection of cannabis products including; flowers, concentrates and edibles through its Oakland, CA and multiple Nevada locations. IVXX, Inc. is a wholly-owned subsidiary of Terra Tech that produces cannabis-extracted products for regulated medical cannabis dispensaries throughout California and medical and adult-use dispensaries in Nevada. Terra Tech’s MediFarm LLC subsidiaries are focused on medical and adult-use cannabis cultivation and permitting businesses throughout Nevada. The Company’s wholly-owned subsidiary, Edible Garden, cultivates a premier brand of local and sustainably grown hydroponic produce, sold through major grocery stores such as Aldi, ShopRite, Walmart, Meijer, Kroger, Stop & Shop and others nationwide.

For more information about Terra Tech Corp visit: http://www.terratechcorp.com/ 

For more information about IVXX visit: http://ivxx.com/ 

For more information about Blüm Nevada visit: http://letsblum.com

For more information about Blüm Oakland visit: http://blumoak.com/ 

Visit us on Facebook @ https://www.facebook.com/terratechcorp/timeline 

Follow us on Twitter @terratechcorp

For more information about Edible Garden visit: http://www.ediblegarden.com/ 

Visit Edible Garden on Facebook @ https://www.facebook.com/ediblefarms?fref=ts 

Visit IVXX on Facebook @ https://www.facebook.com/ivxxbrand?fref=ts

Cautionary Language Concerning Forward-Looking Statements

Statements in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and those risks discussed from time to time in Terra Tech Corp.'s filings with the Securities and Exchange Commission. In addition, such statements could be affected by risks and uncertainties related to Terra Tech Corp.'s (i) product demand, market and customer acceptance of its equipment and other goods, (ii) ability to obtain financing to expand its operations, (iii) ability to attract qualified sales representatives, (iv) competition, pricing and development difficulties, (v) general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release. Information on Terra Tech Corp.'s website does not constitute a part of this release.

Contact

Philip Carlson

KCSA Strategic Communications

TRTC@kcsa.com

212-896-1238

Tables to Follow

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TERRA TECH CORP. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)
		For the Three Months Ended								For the Nine Months Ended
		September 30,								September 30,
		2017				2016				2017				2016
Total Revenues		$	10,121,375			$	6,950,365			$	24,788,704			$	18,198,441
Cost of Goods Sold			7,786,437				5,694,289				20,588,330				15,380,864
Gross Profit			2,334,938				1,256,076				4,200,374				2,817,577
Selling, General and Administrative Expenses			6,238,110				5,942,636				18,653,697				13,233,888
Loss from Operations			(3,903,172	)			(4,686,560	)			(14,453,323	)			(10,416,311	)
Other Income (Expense):
Amortization of Debt Discount			(490,068	)			(610,089	)			(1,616,338	)			(922,621	)
Impairment of Property			(138,037	)			-				(138,037	)			-
Loss on Extinguishment of Debt			(1,373,538	)			-				(4,052,133	)			(920,797	)
Loss from Derivatives Issued with Debt Greater than Debt Carrying Value			-				(867,000	)			-				(1,355,000	)
Gain (Loss) on Fair Market Valuation of Derivatives			(1,475,900	)			771,000				1,122,050				(595,700	)
Interest Expense			(119,650	)			(159,633	)			(407,993	)			(276,193	)
Loss on Fair Market Valuation of Contingent Consideration			-				-				(4,426,047	)			-
Gain on Settlement of Contingent Consideration			-				-				4,991,571				-
Total Other Income (Expense)			(3,597,193	)			(865,722	)			(4,526,927	)			(4,070,311	)
Loss Before Provision for Income Taxes			(7,500,365	)			(5,552,282	)			(18,980,250	)			(14,486,622	)
Provision for Income Taxes			-				410,300				-				791,300
NET LOSS			(7,500,365	)			(5,962,582	)			(18,980,250	)			(15,277,922	)
Net (Gain) Loss Attributable to Non-Controlling Interest			(292,568	)			374,823				621,560				629,861
NET LOSS ATTRIBUTABLE TO TERRA TECH CORP.		$	(7,792,933	)		$	(5,587,759	)		$	(18,358,690	)		$	(14,648,061	)
Net Loss Per Common Share Attributable to Terra Tech Corp. Common Stockholders – Basic and Diluted		$	(0.01	)		$	(0.02	)		$	(0.03	)		$	(0.04	)
Weighted-Average Number of Common Shares Outstanding – Basic and Diluted			720,366,345				352,676,081				624,153,141				343,052,572

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TERRA TECH CORP. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
		September 30,				December 31,
		2017				2016
		(Unaudited)
ASSETS
Current Assets:
Cash		$	6,651,398			$	9,749,572
Accounts Receivable			666,306				747,792
Inventory			4,481,793				1,909,330
Prepaid Expenses and Other Current Assets			6,457,920				704,721
Total Current Assets			18,257,417				13,111,415
Property, Equipment and Leasehold Improvements, Net			10,973,932				10,464,764
Intangible Assets, Net			28,960,102				23,627,098
Goodwill			28,921,260				28,921,260
Other Assets			244,804				54,193
TOTAL ASSETS		$	87,357,515			$	76,178,730
LIABILITIES AND STOCKHOLDERS’ EQUITY
LIABILITIES:
Current Liabilities:
Accounts Payable and Accrued Expenses		$	4,210,514			$	2,417,400
Derivative Liabilities			4,639,000				6,987,000
Short-Term Debt			-				564,324
Income Taxes Payable			557,859				615,830
Contingent Consideration			-				12,085,859
Total Current Liabilities			9,407,373				22,670,413
Long-Term Liabilities:
Long-Term Debt			2,133,904				1,354,352
Total Long-Term Liabilities			2,133,904				1,354,352
Total Liabilities			11,541,277				24,024,765
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY:
Preferred Stock, Convertible Series A, Par Value $0.001: 100 Shares Authorized as of September 30, 2017 and December 31, 2016; 100 Shares Issued and Outstanding as of September 30, 2017 and December 31, 2016			-				-
Preferred Stock, Convertible Series B, Par Value $0.001: 49,999,900 Shares Authorized as of September 30, 2017 and December 31, 2016; 0 and 36,825,953 Shares Issued and Outstanding as of September 30, 2017 and December 31, 2016, respectively			-				36,826
Common Stock, Par Value $0.001: 990,000,000 Shares Authorized as of September 30, 2017 and December 31, 2016; 863,733,855 and 553,863,812 Shares Issued and Outstanding as of September 30, 2017 and December 31, 2016, respectively			863,734				553,864
Additional Paid-In Capital			165,367,190				124,915,182
Accumulated Deficit			(91,229,689	)			(72,870,999	)
Total Terra Tech Corp. Stockholders’ Equity			75,001,235				52,634,873
Non-Controlling Interest			815,003				(480,908	)
Total Stockholders’ Equity			75,816,238				52,153,965
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY		$	87,357,515			$	76,178,730

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