Future Farm Maine positioned to be model farm for CBD producers in wake of 2018 Farm Bill
Vancouver, British Columbia, Dec. 11, 2018 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is pleased to announce the release of a video showing the harvest of its Hersey, Maine farm in October 2018. Featuring Future Farm Maine partner Derek Ross and manager Nathan Gray, the video gives viewers both a birds-eye and close-up view of the nearly 60,000 hemp plants harvested from approximately 40 acres of land.
Click here to view the video: Future Farm Maine’s October Harvest
Future Farm Maine’s hemp farm is one of the largest in Maine. The three-minute video gives prospective hemp farmers a look at what their future operations could look like in the wake of the 2018 Farm Bill, which is expected to legalize hemp farming in the United States at the federal level.
“Farms that can show they completed a successful harvest are best poised to expand and benefit after hemp farming is legalized under the new bill,” said William Gildea, CEO of Future Farm. “As you will see in our new harvest video, we expect 2019 to be even more bountiful for Future Farm in Maine as the team prepares to double production next year.”
The hemp harvested in the video has been dried and is being prepared for sale or for extraction for CBD products.
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.
CONTACT: Investor Relations 8883873761 INVESTOR@FUTUREFARMTECH.COM