Future Farm Maine's Strong Cherry Wine Hemp Seed Sales Continue
April 17 2019 - 8:00AM
via NEWMEDIAWIRE -- Future Farm Technologies Inc. (the “Company” or
“Future Farm”) (
CSE: FFT) (
OTCQB:
FFRMF) is pleased to report that sales of its elite strain
of Cherry Wine hemp seeds have reached over $136,000 USD since they
became available for sale in March.
Approximately 130,000 Cherry Wine hemp seeds were sold through
Future Farm Maine, the Company’s subsidiary, and remain available
for purchase by visiting FutureFarmShop.com or by sending
an email to sales@FutureFarmTech.com. As previously announced,
two industrial hemp cultivation licenses have been awarded by the
State of Maine, positioning Future Farm Maine to be a leading
supplier of a very valuable cultivar to farmers looking to grow
hemp for CBD.
“The revenue generated by these seeds enables us
to improve all aspects of our operations in Maine, which we expect
to result in a robust yield of CBD oil and distillate on a per acre
basis,” comments William Gildea, CEO of Future Farm Technologies.
“The lessons learned and revenue realized from the 2018 harvest are
creating a trajectory that every successful company hopes
for.”
For further information about Future Farm
Technologies, contact Investor Relations at
investor@futurefarmtech.com or (888) 387-3761 ext. 710.
On behalf of the Board,
Future Farm Technologies
Inc.
William Gildea, CEO
About Future Farm Technologies
Inc.
Future Farm Technologies is a diversified Canadian
company focused on the emerging cannabis market with holdings
throughout North America including California, Massachusetts,
Florida, Maine, Puerto Rico and Newfoundland. Future Farm is
operating or developing cultivation, processing, retail and
technology/breeding innovation businesses in both the marijuana and
hemp-for-wellness segments of the cannabis market. The Company also
has significant experience in sustainably growing organic produce
indoors and is developing opportunities in that market. The deep
operational, financial and regulatory expertise of Future Farm’s
outstanding management team put it in a strong position to grow its
existing businesses and through acquisitions and joint
ventures.
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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