Derek Peterson

Terra tech Corp

Derek Peterson is the founder and CEO of Terra tech Corp, a publicly traded urban Ag company focused on local farming and medical cannabis. The company, which began in 2010, has been featured on National Geographic, Fox News, CNBC, Bloomberg, The Huffington Post, CNN and more. After a decade in investment banking, in late 2009, Peterson learned that a friend's marijuana dispensary was clearing $18 million a year, dwarfing Peterson's $300,000 to $400,000 annual salary at Morgan Stanley. Rather than joining another Wall Street firm, Peterson decided to get serious about weed and took the company public in early 2012. The company has grown significantly since then and is currently developing acres of hydroponic greenhouse throughout the country positioning itself to become a primary player in the commercial cultivation of cannabis in the US. Currently the company is valued in excess of $100 million and leveraging its size to aggressively acquire other companies in the cannabis space.