Annual report pursuant to Section 13 and 15(d)

DESCRIPTION OF BUSINESS

v3.21.1
DESCRIPTION OF BUSINESS
 12 Months Ended
Dec. 31, 2020
DESCRIPTION OF BUSINESS  
NOTE 1. DESCRIPTION OF BUSINESS

Organization

 

References in this document to “the Company”, “Terra Tech”, “we”, “us”, or “our” are intended to mean Terra Tech Corp., individually, or as the context requires, collectively with its subsidiaries on a consolidated basis.

 

Terra Tech is a holding company with the following subsidiaries:

 

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620 Dyer LLC, a California corporation (“Dyer”);

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1815 Carnegie LLC, a California limited liability company (“Carnegie”);

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Black Oak Gallery, a California corporation (“Black Oak”);

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Blüm San Leandro, a California corporation (“Blüm San Leandro”);

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GrowOp Technology Ltd., a Nevada corporation (“GrowOp Technology”);

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IVXX, Inc., a California corporation (“IVXX Inc.”; together with IVXX LLC, “IVXX”);

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IVXX, LLC, a Nevada limited liability company (“IVXX LLC”);

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MediFarm, LLC, a Nevada limited liability company (“MediFarm”);

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MediFarm I, LLC, a Nevada limited liability company (“MediFarm I”);

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MediFarm II, LLC, a Nevada limited liability company (“MediFarm II”); and

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MediFarm So Cal, Inc., a California corporation (“MediFarm SoCal”)

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121 North Fourth Street, LLC, a Nevada limited liability company ("121 North Fourth")

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OneQor Technologies, Inc., a Delaware corporation ("OneQor")

 

The Company is a retail, production and cultivation company, with an emphasis on providing the highest quality of medical and adult use cannabis products. We currently have a concentrated cannabis interest in California. All of the Company’s cannabis dispensaries operate under the name Blüm. The Company’s cannabis dispensaries in California operate as Black Oak Gallery in Oakland and Blum San Leandro in San Leandro and offer a broad selection of medical and adult-use cannabis products including flowers, concentrates and edibles.