Future Farm Prepares Maine-Grown Hemp Biomass and Seeds for Processing and Market
November 22 2019 - 8:00AM
via NEWMEDIAWIRE -- Future Farm Technologies Inc. (
CSE: FFT)
(
OTCQB: FFRMF) is pleased to announce that it
has completed the drying and curing phase of its crop of hemp
and seeds in Maine. Both crops achieved yields that outpace the
Company’s current apparatus for seed extraction, plant bucking,
processing and storage.
To address the success of this year’s harvest, Future Farm is in
the process of acquiring more robust seed extraction and cleaning
equipment, additional resources for storage and transportation and
larger industrial scales.
"These early findings are great news for us and as
we look to meet the needs of our robust pipeline of carefully
curated and diverse customers,” comments William Gildea, CEO of
Future Farm. “The abundance of product enables us to service the
demand for seeds, biomass, oils, extracts and contract
manufacturing.”
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 Technologies is a Canadian public
company that is poised to be a leading supplier of hemp-derived CBD
products to meet the burgeoning demand in the U.S. and global
markets. The Company’s current key initiatives are the cultivation
and processing of its hemp crop growing in Maine, the pursuit of
other hemp-related opportunities throughout the U.S. and the
development of elite strains of cannabis in Canada.
Future Farm’s seasoned management team brings a
deep understanding of operations and agriculture with the financial
and regulatory expertise needed to become an industry leader in the
evolving market for CBD and related compounds.
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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