Terra Tech Subsidiary Edible Garden Awarded $300,000 Clean Energy Grant

Irvine, California, UNITED STATES

Belvidere, July 07, 2015 (GLOBE NEWSWIRE) -- Terra Tech’s wholly owned subsidiary Edible Garden Corp. applied for and was approved for New Jersey’s Clean Energy Pay for Performance Program.  Edible Garden Corp. will be receiving a total of approximately $300,000 over the next nine months.  The first check has been received in the amount of $21,368.40.  New Jersey's Clean Energy Program is a statewide program that offers financial incentives, programs and services for New Jersey residents, business owners and local governments to help reduce the State’s energy usage, peak demand, as well as to transform the marketplace for the next generation of energy efficiency technologies. Edible Garden has made significant investments into their New Jersey facility to increase productivity and automation while decreasing their carbon footprint and energy consumption.

“We feel fortunate that New Jersey has programs like these available to businesses that are focused on improving our environment,” said Derek Peterson, CEO Terra Tech. “With the Nevada buildout happening the grant couldn’t have come at a better time; we just received roughly $2 million in a private placement, our Equity Line will be effective in mid July, and the grant is especially welcome as it a form of non dilutive financing for the company that we can utilize in continuing to improve our operations, efficiencies and margins.”

For more information about New Jersey’s Clean Energy Program, please visit: www.njcleanenergy.com

For more information about Terra Tech Corp, please visit: www.terratechcorp.com

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About Terra Tech

Terra Tech Corp. (TRTC) through its wholly-owned subsidiary GrowOp Technology, specializes in controlled environment agricultural technologies. The compan through its wholly-owned subsidiary, IVXX manufactures and distributes medical cannabis products throughout the California market. Through its wholly-owned subsidiary Edible Garden, cultivates a premier brand of local and sustainably grown hydroponic produce, sold through major grocery stores such as Shoprite, Krogers, Walmart and others throughout New Jersey, New York, Delaware, Maryland, Connecticut, Pennsylvania and the Midwest.  MediFarm LLC is focused on developing medical cannabis businesses in Nevada.

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