Future Farm Maine Prepares for Seed Sales
February 07 2019 - 8:00AM
Large inventory of elite Cherry Wine seeds for
CBD-producing hemp soon to be available for
purchase
via NEWMEDIAWIRE -- As it prepares to begin selling its inventory
of Cherry Wine hemp seeds for CBD-producing hemp, Future Farm
Technologies Inc. (the “Company” or “Future Farm”) (
CSE:
FFT) (
OTCQB: FFRMF) is pleased to
announce that its Maine subsidiary, Future Farm Maine, will soon be
offering for sale its inventory of Cherry Wine hemp seeds for
CBD-producing hemp.
Click here to view Future Farm Maine’s harvest
video.
In 2018, Future Farm hand-selected the Cherry Wine
seeds to be offered for sale from more than 50,000 hemp plants to
allow purchasers of those seeds to maximize the success of their
harvests of hemp. The Company expects the sales of those seeds
during calendar 2019 to have a significant positive impact on both
its revenue and bottom line, as compared to the current fiscal
year, because the costs associated with producing those seeds are
expected to be significantly less than the revenue that the sale of
the seeds will generate. Future Farm is in the process of creating
a website to support its seed sales effort, but in the meantime
inquiries can be sent to sales@futurefarmtech.com.
As these efforts advance in Maine, the Company’s
lab in Belfast is up and running, collecting data to enable the
Company to refine procedures as needed and begin sales of CBD
distillate in the near future. In March, Zachary Lapan, Manager of
the Company's Maine cultivation and processing operations, along
with George Groccia, Future Farm’s organizational and operational
manager, will share their experience working on the Maine farm as
speakers at the 2019 New England Cannabis Convention in
Boston.
For further information, contact Investor
Relations at investor@futurefarmtech.com or (888)
387-3761 Ext. 710.
On behalf of the Board,
Future Farm Technologies
Inc.
William Gildea, Chairman and CEO
About Future Farm Technologies
Inc.
Future Farm is a Canadian company with holdings
throughout North America including California, Massachusetts,
Florida, Maine, Puerto Rico and Newfoundland. The Company’s mission
is to advance sustainable agriculture through production of
wholesale and retail cannabis products, including hemp. As a leader
in its field, Future Farm is committed to using only the highest
quality processes and products. Towards this goal, the Company
acquires or partners with licensed cannabis operators, and acquires
or develops leading technologies in cannabis production, breeding,
genetics, and Controlled Environment Agriculture (CEA). Future
Farm’s scalable, indoor CEA systems utilize minimal land, water and
energy resources. The Company holds an exclusive, worldwide license
to use a patented vertical farming technology that, when compared
to traditional plant production methods, generates yields up to 10
times greater per square foot of land.
Neither the Canadian Securities Exchange nor its
Market Regulator (as that term is defined in the policies of the
Canadian Securities Exchange) accepts responsibility for the
adequacy or accuracy of this release. The Canadian Securities
Exchange has not in any way passed upon the merits of the proposed
transaction and has neither approved nor disapproved the contents
of this press release.
This news release may include forward-looking
statements that are subject to risks and uncertainties. All
statements within, other than statements of historical fact, are to
be considered forward looking. Although the Company believes
the expectations expressed in such forward-looking statements are
based on reasonable assumptions, such statements are not guarantees
of future performance and actual results or developments may differ
materially from those in forward-looking statements. Factors
that could cause actual results to differ materially from those in
forward-looking statements include market prices, exploitation and
exploration successes, continued availability of capital and
financing, and general economic, market or business
conditions. There can be no assurances that such statements
will prove accurate and, therefore, readers are advised to rely on
their own evaluation of such uncertainties. We do not assume
any obligation to update any forward-looking statements except as
required under the applicable laws.
Investor Relations
888-387-3761 x710
INVESTOR@FUTUREFARMTECH.COM
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