Derek  Peterson net worth and biography

Derek Peterson Biography and Net Worth

Derek Peterson is the chief strategy officer and director of Terra Tech Corp., a medical and adult-use cannabis company. 

Peterson joined Terra Tech in 2012 as president and CEO, roles he held until 2017. He has been chairman of the board since 2012. Leveraging his investment banking experience, Peterson has led the company’s launch of MediFarm, a medical cannabis RFP management company, and medical cannabis brand, IVXX. 

Prior to entering the marijuana industry, Peterson’s finance career started at what was then the largest independent West Coast broker-dealer, Crowell, Weedon & Co. He quickly rose within the company becoming partner and branch supervisor as well as bringing in more than $10 million of sales. 

Peterson then built a presence for the precursor of Wells Fargo AdvisorsWachovia Securitiesfrom the ground up in southern Orange County. As its first vice president and branch manager, he grew the Mission Viejo, California location to $15 million in sales.

The investment banker then joined Morgan Stanley Smith Barney as a senior vice president where he oversaw $100 million of assets. During this time Peterson was involved in numerous public and private equity financings, including several that he personally funded from angel to mezzanine levels. 

As a co-owner of Black Oak Gallery, a retail medical cannabis dispensary, Peterson gained experience in marijuana regulation by working with the Oakland government authorities to create medical cannabis ordinances and operating permits. Black Oak Gallery was acquired by Terra Tech in 2016. 

Peterson is a CFP professional and holds his Series 7, Series 9 and 10, Series 3, Series 65, and California Insurance License. He earned his bachelor’s degree in business management at Pepperdine University.

What is Derek Peterson's net worth?

The estimated net worth of Derek Peterson is at least $23,445.57 as of March 22nd, 2021. Mr. Peterson owns 32,791 shares of Unrivaled Brands stock worth more than $23,446 as of April 25th. This net worth approximation does not reflect any other assets that Mr. Peterson may own. Learn More about Derek Peterson's net worth.

How do I contact Derek Peterson?

The corporate mailing address for Mr. Peterson and other Unrivaled Brands executives is 2040 MAIN STREET SUITE 225, IRVINE CA, 92614. Unrivaled Brands can also be reached via phone at 855-447-6967 and via email at [email protected]. Learn More on Derek Peterson's contact information.

Has Derek Peterson been buying or selling shares of Unrivaled Brands?

Derek Peterson has not been actively trading shares of Unrivaled Brands in the last ninety days. Most recently, on Monday, December 31st, Derek Peterson bought 26,000 shares of Unrivaled Brands stock. The stock was acquired at an average cost of $0.57 per share, with a total value of $14,820.00. Learn More on Derek Peterson's trading history.

Who are Unrivaled Brands' active insiders?

Unrivaled Brands' insider roster includes Alan Gladstone (Director), Michael Nahass (COO), Derek Peterson (CEO), Steven Ross (Director), and Ken Vandevrede (COO). Learn More on Unrivaled Brands' active insiders.

Derek Peterson Insider Trading History at Unrivaled Brands

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/31/2018Buy26,000$0.57$14,820.00View SEC Filing Icon  
9/7/2018Buy10,000$1.57$15,700.00View SEC Filing Icon  
8/31/2018Buy10,000$1.76$17,600.00View SEC Filing Icon  
7/6/2018Buy5,000$2.19$10,950.00View SEC Filing Icon  
6/27/2018Buy8,000$2.47$19,760.00View SEC Filing Icon  
12/18/2017Sell616,000$0.24$147,840.00View SEC Filing Icon  
12/15/2017Sell1,301,000$0.26$338,260.00View SEC Filing Icon  
10/6/2017Sell615,339$0.21$129,221.19View SEC Filing Icon  
9/21/2017Sell1,592,870$0.21$334,502.70View SEC Filing Icon  
9/18/2017Sell1,827,227$0.22$401,989.94View SEC Filing Icon  
6/30/2017Buy324,993$0.23$75,170.88324,993
4/7/2017Sell1,415,538$0.27$382,195.261,193,606View SEC Filing Icon  
7/8/2016Sell622,697$0.33$205,490.011,815,538View SEC Filing Icon  
See Full Table

Derek Peterson Buying and Selling Activity at Unrivaled Brands

This chart shows Derek Peterson's buying and selling at Unrivaled Brands by year and by quarter.

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Unrivaled Brands Company Overview

Unrivaled Brands logo
Terra Tech Corp. cultivates, produces, and retails medical and adult use cannabis products. The company also operates medical marijuana retail and adult use dispensaries, cultivation, and production facilities in California and Nevada under the Blüm name in California and Nevada. Terra Tech Corp. was founded in 2010 and is based in Santa Ana, California.
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Today's Range

Now: $0.72
Low: $0.70
High: $0.75

50 Day Range

MA: $0.79
Low: $0.69
High: $0.90

2 Week Range

Now: $0.72
Low: $0.06
High: $0.82

Volume

22,024 shs

Average Volume

2,064,094 shs

Market Capitalization

$167.23 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.3