Future Farm Technologies Inc.

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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 ...

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Future Farm Technologies Inc.

lockPrivateGroup

Future Farm is a Canadian company with holdings throughout North America including California, Massachusetts, Florida......

people9 Members       (0)

Thank you Future Farms for keeping me in the know as an investor. I have been a shareholder with the company for some time now and the updates (NR's) have always been very informative. I wish FFT much success this year. Thank you for timely updates Mr. Gildea. Best Regards, Heiko

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8020 Admin posted a press release Future Farm Announces Strategic Financing to Support Completion of Medical Cannabis Dispensaries in Puerto Rico and Other Key Initiatives in Future Farm Technologies Inc.

March 15, 2019 / TheNewswire / Vancouver, British Columbia - Future Farm Technologies Inc. (the "Company" or "Future Farm") (CSE: FFT) (OTCQB: FFRMF) announces that it has closed on a new investment from a fund of Yorkville Advisors Global, LP ("Yorkville"). Proceeds from the private placement will be used to refinance a previous investment made by Yorkville and to support the continued development of the Company's projects in Puerto Rico, Rhode Island and throughout North America.


"Yorkville continues to be a very supportive partner for our endeavors, including our soon to open medical cannabis dispensaries in Puerto Rico," comments William Gildea, CEO of Future Farm. "Puerto Rico is a strategic location for Future Farm expansion given its rapidly growing patient population and increasing social acceptance of medical cannabis. We are excited to partner with Clinica Verde to add more of their outstanding dispensaries providing legal, high quality flower, edibles and concentrates to patients residing on and visiting Puerto Rico at this time of island-wide restoration and growth."


Future Farm's expansion into Puerto Rico comes at a time of tremendous growth for the medical marijuana industry in Puerto Rico. The island now has over 100 licensed medical marijuana businesses in operation to serve its more than 56,000 patients.


Under the terms of the Yorkville financing, the Company has entered into two Secured Convertible Debentures. One Debenture is in the Principal Amount of US$696,197, which refinances the principal and accrued interest on the US$1,340,000 Convertible Debenture entered into with Yorkville in November 2018. The other Debenture is in the principal amount of US$500,000, which was paid to the Company in cash net of certain fees and expenses. The new Debentures bear annual interest at 8% and are repayable within 12 months, or convertible into Common Shares of the Company at a price of C$0.16 per share.


For further information, contact Investor Relations at (888) 387-3761 ext. 710.


On behalf of the Board,


Future FarmTechnologies 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.


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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.

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8020 Admin posted a press release Future Farm Announces First Sales of Maine Cherry Wine Hemp Seeds in Future Farm Technologies Inc.

Buyers from Across US Take Advantage of First-Time Discount Pricing on Elite Cultivar

March 14, 2019 / TheNewswire /Vancouver, British Columbia - Future Farm Technologies Inc. (the "Company" or "Future Farm") (CSE: FFT) (OTCQB: FFRMF) is pleased to report that, just weeks after it completed preparation of Cherry Wine seeds from the 2018 harvest and began offering them for purchase, seed sales are now over $40,000 USD.


The approximately 25,000 seeds were sold through the Company's US subsidiary, Future Farm Maine, LLC. With more than 1 million of these valuable Cherry Wine hemp seeds available for purchase at FutureFarmShop.com, and the Company's recent success being awarded three additional industrial hemp cultivation licenses from the State of Maine, Future Farm is positioned to be a leading supplier of a very valuable cultivar to farmers looking to grow hemp for CBD. Once laboratory testing confirms that the seeds are verified as feminized, the price per seed will increase by $0.50 USD. This planned price increase gives farmers an incentive to buy early. Lab results are expected by the beginning of April 2019.


"So far, we have sold seeds to farmers in a number of states, including here in Maine, as well as Pennsylvania, West Virginia and Vermont," says Zak Lapan, General Manager of Future Farm Maine. "The recent launch of our seed sales website has resulted in increased inquiries from farmers in the US, Canada, Europe and Africa. We are actively pursuing all potential opportunities."


Visit https://www.futurefarmshop.com/ to place an order.


For further information about Future Farm Technologies, contact Investor Relations atinvestor@futurefarmtech.comor (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.

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8020 Admin posted a press release Future Farm Maine Receives Industrial Hemp Licenses for 2019 in Future Farm Technologies Inc.

March 13, 2019 / TheNewswire / Vancouver, British Columbia - Future Farm Technologies Inc. (the "Company" or "Future Farm") (CSE: FFT) (OTCQB: FFRMF) is pleased to announce that it has received two licenses from the US State of Maine, through the Company's subsidiary, Future Farm Maine, LLC, for the cultivation of industrial hemp in 2019.


One license covers its Amity and Hersey farms in Maine and the other is for the Belfast, Maine processing facility.


"This is an important achievement for Future Farm in the United States, marking our second year of hemp farming in Maine and signifies our sustainability in the state's agricultural footprint," says William Gildea, CEO of Future Farm. "Our success and leadership in 2018 uniquely position Future Farm to continue as one of the leading growers of high-quality hemp-for-wellness products in the Northeast."


Future Farm Maine will use the existing Belfast building to germinate an estimated 250,000 hemp seeds over the next few months, which will then be planted on 100 acres of prime farmland to meet the summer growing season at the Amity and Hersey farms.


Future Farm Maine plans to leverage the Cherry Wine seeds from its 2018 harvest as the primary cultivar planted. Visit https://www.futurefarmshop.com/ to place an order. Once harvested, the hemp will be dried and further refined into CBD oils and other products for sale to makers of edibles, creams and lotions who require naturally produced, very high quality ingredients.


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 expertiseof Future Farm'soutstanding 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.

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8020 Admin

16 days

8020 Admin posted a press release Future Farm's George Groccia and Zak Lapan to Speak at New England Cannabis Convention in Future Farm Technologies Inc.

Panel to discuss “Hemp in New England: Farming and CBD Opportunities Post-Farm Bill”

Vancouver, British Columbia, March 06, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is proud to announce that George Groccia, Future Farm’s organizational and operational manager, and Zachary Lapan, general manager for Future Farm Maine’s hemp production facilities, have been selected to speak at the New England Cannabis Convention (NECANN) in Boston on Saturday, March 23, 2019. NECANN is the east coast’s largest cannabis industry event, attracting the largest number of hemp and cannabis industry professionals in the Northeast.


George and Zak will be speakers at the “Hemp in New England: Farming and CBD Opportunities Post-Farm Bill” panel, and George will serve as moderator. They will be joined by fellow panelists Julia Agron, outreach coordinator for the Northeast Sustainable Hemp Association (NOSHA); Bill Downing, former president of MassCANN/NORML; and Linda Noel of the Terrapin Hemp Cooperative. The session starts at 1:00 PM and will include time for the panel to address audience questions.


With Future Farm’s successful fall 2018 harvest in Maine and the recent launch of the Company’s hemp seed sales website at FutureFarmShop.com, George and Zak bring hands-on experience to help the NECANN audience understand implications for farmers and CBD producers after the passage of the 2018 Farm Bill and how farmers and investors are seizing new opportunities in this emerging industry.


To view the conference schedule and learn more about NECANN, visit https://www.necann.com/2019-boston/


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 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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8020 Admin

22 days

8020 Admin posted a press release Future Farm offers Cherry Wine Hemp Seeds for Sale at Discounted Rate in Future Farm Technologies Inc.

Elite strain for CBD-producing hemp available now at FutureFarmShop.com

February 28, 2019 / TheNewswire / Vancouver, British Columbia - Future Farm Technologies Inc. (the "Company" or "Future Farm") (CSE: FFT) (OTCQB: FFRMF) is proud to announce that hemp seeds processed from Future Farm Maine's 2018 harvest are now available to order online at FutureFarmShop.com.


Cherry Wine seeds are known for their cannabidiol (CBD) content and outstanding genetic stability year-over-year. While individual propagation rates will vary based on grow methodology, soil and other environmental factors, Future Farm's testing of the seeds showed an 85% germination rate. Independent laboratory testing shows CBD levels at 12.3% and THC content to be within legal limits. Lab results are available upon request.


The seeds being sold have been treated for feminization, but the Company has not yet received confirmation that the treatment was successful. While Future Farm awaits feminization-testing results, buyers may purchase seeds at a significant discount. Once the feminization results are confirmed, prices will increase. A minimum purchase of 2,000 seeds is required and may be requested by visiting FutureFarmShop.com or by sending an inquiry to sales@futurefarmtech.com.


Future Farm Maine is a subsidiary of Future Farm Technologies Inc. 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, 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.

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8020 Admin

30 days

8020 Admin posted a press release Future Farm Names David Lenigas Non-Executive Chairman in Future Farm Technologies Inc.

Vancouver, British Columbia, Feb. 20, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is pleased to announce that it has agreed to expand its board to add Mr. David Lenigas, who will serve as Non-Executive Chairman.  Future Farm will draw on Mr. Lenigas’s decades of experience in building successful businesses to help evaluate the numerous opportunities the Company is receiving for capital funding and acquisitions, as well as to help assure that Future Farm’s existing robust portfolio of cannabis businesses progress as rapidly as possible. 


Mr. Lenigas has extensive experience operating in global public markets having served in a senior executive capacity on many public company boards. Among his other positions, he currently serves as Co-Chairman of LGC Capital, a Montreal-based company investing internationally in facilities that allow for large scale cultivation of cannabis and production of legal products within regulatory environments that allow such activity, including Canada, Australia, Jamaica, Italy and Switzerland. Mr. Lenigas served as the Executive Chairman of Rare Earth Minerals plc until December 2015 and was responsible for the company’s significant involvement in the discovery of the Sonora Lithium Project in Northern Mexico with its joint venture partner Bacanora Minerals Limited. He also served as Executive Chairman of London main board listed conglomerate Lonrho Plc for seven years until September 2012 and was responsible for its expansion into more than 20 countries in Africa in sectors covering agriculture, infrastructure, hotels, IT and aviation. 


Mr. Lenigas holds a Bachelor of Applied Science (Mining Engineering) with Distinction from Curtin University’s Western Australian Kalgoorlie School of Mines and also holds an unrestricted first class mine manager’s certificate from the Western Australian Government. He still actively participates in the resources industry, mainly in the oil and gas sectors in the UK and Australia, and was responsible for the significant new oil discovery near London’s Gatwick international Airport when he was Executive Chairman of UK Oil & Gas Investments Plc. 


“David’s track record in three key areas; capital markets, growth by M&A and operations, and his extensive experience in large agriculture operations and global agri-logistics, will be a great addition to the Future Farm team as we continue to grow operations and seek new opportunities,” says William A. Gildea, CEO of Future Farm. 


“Future Farm and its management have amassed an incredible portfolio of US assets in the legal cannabis and CBD sectors in California, Massachusetts, Florida, Maine, Puerto Rico and Newfoundland, which are now primed for significant growth in 2019,” says Mr. Lenigas. “Also, with the passing of the 2018 US Farm Bill, I see great potential to significantly expand Future Farm’s operations into the fast growing high CBD and low THC markets, especially when you see what is happening with the growth of Cannabis Light and CBD products all over Europe. There is also a great opportunity for Future Farm to actively pursue M&A opportunities, as I see so many great US companies that are significantly undervalued when compared to Canadian market metrics.”


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, Director 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

8883873761
investor@futurefarmtech.com

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8020 Admin

1 month

8020 Admin posted a press release Future Farm Maine Extends 100-Acre Lease for CBD-Producing Hemp in Future Farm Technologies Inc.

Vancouver, British Columbia, Feb. 14, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is pleased to announce that it has entered into a new lease with Haymart, LLC to grow CBD-producing hemp on the same 100-acre parcel which the Company leased from Haymart for its inaugural 2018 season. 


The new lease covers the 2019 season and will also cover the 2020 and 2021 seasons, unless either the Company or Haymart opt out. Under the terms of the lease, Haymart will also provide farming services to Future Farm. Haymart has proven to be a key contributor to the success of Future Farm Maine and the Company is grateful for the willingness of Haymart to work creatively on the economic terms of the new lease. Future Farm and Haymart are also in discussions about working together in other aspects of the rapidly expanding market for CBD-producing hemp. 


Future Farm is also pleased to announce that, with the new lease in place, it has completed its 2019 license applications for the cultivation of industrial hemp for its three Maine locations, and will submit those applications in the immediate future. 


“Now is the time to make the investments and secure additional licensing so that Future Farm can continue to build on our early success in Maine,” says Zachary Lapan, manager of Future Farm Maine’s cultivation and processing operations. “Haymart, the State of Maine and the farming community around us have always been very collaborative, and we will continue working with them to expand our current footprint.”


Click here to view Future Farm’s Maine harvest video: https://www.youtube.com/channel/UCVmuRol13Qm7qlMQM2Kx77g/featured


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
INVESTOR@FUTUREFARMTECH.COM

!
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8020 Admin

1 month

8020 Admin posted a press release Future Farm Maine Prepares for Seed Sales in Future Farm Technologies Inc.

Large inventory of elite Cherry Wine seeds for CBD-producing hemp soon to be available for purchase 

Vancouver, British Columbia, Feb. 07, 2019 (GLOBE NEWSWIRE) -- 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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8020 Admin

1 month

8020 Admin posted a press release Future Farm to Expand Ownership in Puerto Rico Dispensaries in Future Farm Technologies Inc.

Company to increase interest in Puerto Rican subsidiary as product demand soars on the island

Vancouver, British Columbia, Feb. 05, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is pleased to announce that it has reached an agreement with its Puerto Rico partner, TCG Investments, LLC (“TCG”), owner of the “Clínica Verde” brand of medical cannabis dispensaries, to expand its ownership interest in its Puerto Rico subsidiary, FFPR, LLC (“FFPR”). Future Farm and TCG intend to purchase their former business partner’s interest, resulting in Future Farm owning a 50% ownership interest and 60% economic interest. Future Farm previously held a 40% ownership interest and 50% economic interest in FFPR.


Future Farm’s expanded interest in FFPR comes at a time of tremendous growth for the medical marijuana industry in Puerto Rico. More than a year after the island was devastated by Hurricane Maria, which created millions of dollars in damage for medical marijuana businesses alone, the island now has over 100 licensed medical marijuana businesses in operation to serve its more than 56,000 patients.


“TCG is proud to partner with Future Farm to execute this joint venture,” says Christopher Foster, CFO of TCG. “Our success to this date is a result of careful planning and strategic growth. These new dispensaries will help us continue executing our strategy and benefit from Future Farm’s expertise and resources.”


“Puerto Rico is a strategic location for Future Farm expansion given its soaring patient population and increasing social acceptance of medical cannabis,” added William Gildea, CEO of Future Farm. “We are excited to continue building out the Clinica Verde dispensaries to provide legal, quality flower, edibles and concentrates to patients residing on and visiting Puerto Rico at this time of island-wide restoration and growth.”


As previously announced, FFPR will open five dispensaries on the island by 2019's end. FFPR’s contractor is putting the finishing touches on its first two dispensaries, which are expected to open in mid to late March, pending receipt of final inspections and licensure from Puerto Rico’s Board of Health. The first dispensary will be in Condado, a premier tourist area, and the second will be on University Avenue near the University of Puerto Rico Rio Piedras, the largest university on the island and one of the largest in the Caribbean basin. Upon completion, each location will begin providing valuable healthcare alternatives to residents and tourists, with plans to expand services to include door-to-door delivery. Both locations will feature ample parking, perhaps one of the most valuable amenities for a dispensary on the island.  


Subject to the terms and conditions of the Purchase Agreement, at the Closing, FFPR’s partner shall sell, assign, and transfer to Future Farm and TCG 36 units of participation of FFPR, free and clear of all adverse interests or other claims, at a price of $833.33 per unit of participation amounting to $30,000.00. The parties have agreed to purchase the units as follows: Future Farm to purchase 12 units for USD$10,000; and TCG to purchase 24 units for USD$20,000.


For further information, contact Investor Relations at investor@FutureFarmTech.com. 


On behalf of the Board, 


Future Farm Technologies Inc. 


William Gildea, CEO & Chairman 


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. There is no guarantee that the Company will complete the Arrangement, or if completed, will be listed on a stock exchange. 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
investor@futurefarmtech.com

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8020 Admin

2 months

8020 Admin posted a press release Future Farm Leases Providence, Rhode Island Building to Provisional Licensee in Future Farm Technologies Inc.

Vancouver, British Columbia, Jan. 31, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is pleased to announce that it has entered a lease for its building located at 115 Harris Avenue in Providence, Rhode Island (“the Property”) to Herask Associates, LLC (“Herask”). Herask has been issued a provisional license to cultivate medical marijuana from the Rhode Island Department of Business Regulations (“DBR”) and was recently granted an extension to complete renovations and controlled environment agriculture (CEA) installation at the Property. 


Herask and Future Farm have signed a five-year lease for the 15,000-square-foot building where Herask will house its cultivation and processing operation. Upon completion and final licensure by the DBR, the facility will provide high-quality, wholesale cannabis and cannabis-related products to Rhode Island’s state-sanctioned medical marijuana dispensaries. 


The extension requires all renovations and installation to be completed by July 31, 2019. Herask has signed an agreement with local contractor Green Development to complete the work. 


“We have been in discussions with Herask for quite some time and are excited to finally be able to call them our partners in Rhode Island,” states William Gildea, Future Farm’s CEO. “Now that they have received the extension from the DBR and enlisted Green Development as their general contractor, we are confident that Herask will be the cannabis supplier of choice within the state.” 


For further information, contact William Gildea, Director, at (888) 387-3761. 


On behalf of the Board, 


Future Farm Technologies Inc. 


William Gildea, Chairman & 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
INVESTOR@FUTUREFARMTECH.COM

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8020 Admin

2 months

8020 Admin posted a press release Future Farm Plans Cannabis Development Laboratory Build Out in Carpinteria, California in Future Farm Technologies Inc.

January 29, 2019 / TheNewswire / Vancouver, British Columbia - Future Farm Technologies Inc. (the "Company" or "Future Farm") (CSE: FFT) (OTCQB: FFRMF) is excited to announce that it is entering the final planning stages for the construction and operation of a cannabis research and development facility in Carpinteria, California. The facility will be one of two locations for the jointly owned company that Future Farm is in the process of forming with Rahan Meristem, a world-renowned global agro-biotechnology company.


The build out consists of construction of the analytical lab, which will be the core function of the facility, the purchase of its equipment and the recruitment of researchers. Once work is completed in late March 2019, the team will commence research in areas such as cell culture, molecular genetics, analytical chemistry, phenomic analysis and computation. The team's findings and ongoing research are expected to lead to the development of valuable elite cannabis strains for sale to large growers and to highly efficient tissue culture production so that the elite strains can effectively become commercialized.


In addition to direct sales of elite cannabis strains, the new company will consider licensing the proprietary technology it is developing to sophisticated cannabis growers across the globe. The protocols developed will provide the software, services and processes that set the conditions for elite clone cultivation on a rapid scale to allow growers to realize the highest profit margins possible.


For further information, contact William Gildea, Director, at (888) 387-3761.


On behalf of the Board,


Future Farm Technologies Inc.


William Gildea, Chairman & 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.

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8020 Admin

2 months

8020 Admin posted a press release Future Farm Maine Prepares to Bring Elite Cherry Wine Hemp Seeds to Market and Begins Test Operation of CBD Oil Extraction Equipment in Future Farm Technologies Inc.

Vancouver, British Columbia, Jan. 23, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- After a successful 2018 hemp harvest at its farms located in Hersey and Amity, Maine, Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is currently putting systems in place to begin selling its close to two million Cherry Wine strain hemp seeds. Future Farm chose to grow the elite Cherry Wine strain due to its outstanding genetic stability and high propagation rates. As the harvested seeds continue to dry and cure, Future Farm is in the process of independently testing propagation rates and feminization of the seeds. The Company expects to complete that work and begin selling seeds by mid-March, the first month of its 2020 fiscal year.   


In addition to preparing its valuable seeds for market, Future Farm has now completed installation of its ethanol extraction equipment at its facility in Belfast, Maine. It is currently conducting test runs of the equipment. Once that testing is completed, the Company plans to use the equipment to convert the bulk of its 20,000 pounds of hemp biomass into CBD oil for sale to manufacturers of CBD-based products. Future Farm expects to be able to provide more guidance on the amount of oil it will produce and the revenue it can expect from that oil after it completes production testing and further develops its marketing and sale effort. 


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 


https://futurefarmtech.com/?p=757


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


8883873761


INVESTOR@FUTUREFARMTECH.COM 

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8020 Admin

2 months

8020 Admin posted a press release Future Farm's Canadian Subsidiary Purchases Interest in Processing Plant and Prepares Health Canada LP Submissions in Future Farm Technologies Inc.

Vancouver, British Columbia, Jan. 08, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Future Farm Technologies Inc. (the “Company,” “Future Farm” or “FFT”) (CSE: FFT) (OTCQB: FFRMF) is pleased to announce that its Canadian subsidiary, CEPG Consulting and Design Inc. (“CEPG”) located in St. John’s, Newfoundland, has purchased a 50% interest in 420 Holdings Inc. (“420 Holdings”), also a Newfoundland corporation. In December of 2018, 420 Holdings purchased a former shrimp processing facility, located in Jackson’s Arm, Newfoundland (the “Processing Plant”).


Three cannabis related license applications are being prepared for submission to Health Canada with respect to the Processing Plant: 1) micro cannabis cultivation, 2) cannabis nursery (for the sale of seeds and cuttings), and 3) cannabis processing. 


Pursuant to Canada’s regulations, a micro cannabis cultivation license allows the cultivation and sale of cannabis (wholesale) to licensed third parties, and a cannabis processing license allows extraction processes, enabling the development of edibles and the development of bottled water products infused with THC and CBD. 


“The former shrimp plant comes equipped with a 10” water line, that delivers pristine water from Jackson’s Arm pond. A small water bottling plant doesn’t require any further approval and seems a logical first step,” says Chris Snellen, CEPG’s president and CEO. “The plan is to build and equip CFIA (Canadian Food Inspection Agency) sanctioned grow rooms, and plant them out to capacity immediately with lettuce, basil, spinach and turnip greens for sale to a local wholesaler, while we await the issuance of the three cannabis related licenses.” 


For further information, contact Investor Relations at investor@FutureFarmTech.com. 


On behalf of the Board, 


Future Farm Technologies Inc. 


William Gildea, CEO & Chairman 


Link to Press Release: https://futurefarmtech.com/?p=745 


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. There is no guarantee that the Company will complete the Arrangement, or if completed, will be listed on a stock exchange. 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

8883873761
INVESTOR@FUTUREFARMTECH.COM

!
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8020 Admin

3 months

8020 Admin posted a press release Future Farm's Puerto Rico Affiliate Positioned to Launch Significant Expansion of Clínica Verde, the Island's Preeminent Provider of Medical Cannabis in Future Farm Technologies Inc.

Vancouver, British Columbia, Jan. 03, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is pleased to announce that its Puerto Rico subsidiary, FFPR, LLC (“FFPR”), which Future Farm owns jointly with TCG Investments, LLC (“TCG”), owner of the “Clínica Verde” brand, is preparing to launch two new dispensaries in this calendar quarter.  The first dispensary will be in Condado, a premier tourist area, and the second will be on University Avenue near the University of Puerto Rico Rio Piedras, the largest university on the island.


As previously announced, FFPR will open five dispensaries on the island by 2019's end. Construction at the University Avenue location is expected to be completed by mid-February, with the Condado location expected to be completed approximately five weeks later. Soon after completion of construction, each location will begin providing valuable healthcare alternatives to residents and tourists, with plans to expand services to include door-to-door delivery. Both locations will feature ample parking, perhaps one of the most valuable amenities for a dispensary on the island.  


“We’re excited to start this next phase of our venture with the Future Farm family,” says Ramón E. Ortiz Cortés, TCG’s President. “Puerto Rico is rapidly expanding its patient base and as the industry leaders, we are ready to provide all patients reliable products at the best price all over the island.”


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

8883873761
INVESTOR@FUTUREFARMTECH.COM

!
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8020 Admin

3 months

8020 Admin posted a press release Future Farm Selected as Finalist in Florida for Hemp Research and CBD Product Development in Future Farm Technologies Inc.

Vancouver, British Columbia, Dec. 28, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- In response to the recent passage of the 2018 U.S. Farm Bill, Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is pleased to announce that it is expanding its existing hemp portfolio to include a potential partnership in Florida. The Florida project builds on Future Farm’s work with its partner, Rahan Meristem, Ltd., to apply molecular and analytical tools for the discovery of scientifically recognized medicinal and industrial uses of hemp-derived products.


The wealth of cannabinoids and terpenes in hemp opens a wide window of opportunities for expansion of endorsed medical uses of hemp products. Currently, Future Farm is a finalist among seven potential research partners being considered by Florida A&M University, which is preparing to commence industrial hemp research and production.


Passage of the 2018 U.S. Farm Bill serves to ratify the Company’s drug discovery work and will facilitate market entry with new products that may soon be endorsed by regulators. Legalization of hemp will also allow comprehensive research relating to hemp and, specifically, cannabidiol (CBD). Future Farm will distinguish itself as an industry leader by conducting federally recognized, longitudinal studies employing the strictest of scientific standards.


“The significance of this legislation cannot be understated as it paves the way for the industry to expand, while providing legitimacy at the governmental and institutional levels,” states Jim Cincotta, Future Farm’s manager of its Florida operations. “It will allow for in-depth exploration of the myriad of applications of this remarkable plant. We know that some of the Florida based research activities will explore optimal hemp growing conditions to assure a consistent supply for local medicinal, retail and industrial processors.”


Future Farm’s team of experts is equipped to associate specific molecular profiles with pharmaceutical uses and its team of researchers is comprised of domain experts in analytical chemistry, tissue and cell biology, pharmacology and horticulture. The Company’s aim is to develop health related products in order to augment the commercial value of a variety of hemp compounds.


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

8883873761
INVESTOR@FUTUREFARMTECH.COM

!
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8020 Admin posted an update in FUTURE FARM TECHNOLOGIES INC.

3 months

Video of today's Future Farm Technologies Inc. News Release

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8020 Admin

3 months

8020 Admin posted a press release New Video Offers Inside Look at Future Farm Maine's First Hemp Harvest in Future Farm Technologies Inc.

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.



Investor Relations

8883873761
INVESTOR@FUTUREFARMTECH.COM

!
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8020 Admin

4 months

8020 Admin posted a press release Future Farm Provides Fall Update to Shareholders in Future Farm Technologies Inc.

Vancouver, British Columbia, Nov. 20, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Future Farm Technologies Inc. (the “Company,” “Future Farm” or “FFT”) (CSE: FFT) (OTCQB: FFRMF) is pleased to provide an update regarding activities for the calendar year-to-date and plans for the remainder of 2018. The Company’s CEO, Bill Gildea, thanks current and prospective shareholders for their ongoing support.


Early 2018 was an active period for Future Farm. The Company closed new investments in Florida, Puerto Rico, Rhode Island and Maine, and the market responded positively to this portfolio expansion and diversification. Since that time, Future Farm has primarily focused on increasing shareholder value by integrating these acquisitions, improving operations, and taking advantage of synergies. The Company has successfully raised US$6.34 million of new capital from a fund of Yorkville Advisors over the course of the year to develop and expedite growth in its operations.


The summaries below provide a more in-depth update on the Company’s various projects in its four business segments over the year-to-date.


CULTIVATION


With cultivation projects underway in strategic markets in the U.S. and Canada, Future Farm is positioned to be a leading cultivator of cannabis, including hemp, and other types of produce. The Company’s Build-Own-Operate model, Controlled Environment Agriculture (“CEA”) practices, and adherence to the highest standards position FFT to be a leading producer of cannabis, hemp and CBD products.


FLORIDA


Future Farm owns a fully operational, approximately 10-acre greenhouse business in Apopka, Florida known as White Sand Nursery (“White Sand”). White Sand currently grows ornamental plants that are sold in large retail stores throughout North America, but the intent is to cultivate cannabis in its greenhouses and outdoor farmland, once fully licensed.


White Sand hired Jose Sikaffy in August 2018 as Director of Cultivation in preparation for entering the Florida medical cannabis business. Before joining White Sand, Mr. Sikaffy was Cultivation Director of Remeny/Tredwell Nursery, a Florida licensed medical cannabis facility in Eustis. Mr. Sikaffy graduated from Valencia College in Orlando and holds a degree in plant science and agriculture technology.


MAINE


Future Farm’s 80% subsidiary, Future Farm Maine, LLC, received three licenses for industrial hemp cultivation in the state: one each for farms in Amity and Hersey, and one for the Company’s hemp processing facility in Belfast. Future Farm Maine is expected to provide multiple revenue streams from the sale of harvested hemp biomass, CBD concentrate and isolate extracted from the biomass, and hemp seeds. The Company completed its harvest of 50 acres of hemp in Maine in October 2018 and announced that the harvested hemp easily passed state-mandated testing for acceptable limits of THC (<0.3% THC).


RHODE ISLAND


In January 2018, Future Farm purchased a 15,000-square foot building in Providence, Rhode Island to be used as a licensed medical marijuana cultivation facility. Once licensed, this property will be used to provide wholesale cannabis to Rhode Island’s state-sanctioned dispensaries. The building is located in an M-1 zone, which permits the cultivation of cannabis by right. Future Farm has a letter of intent to lease the building to an entity that holds a provisional license for the cultivation of wholesale medical marijuana. Renovation is underway to create 6,480-square feet of cultivation space, in addition to processing space and a commercial kitchen to prepare edible cannabis products. Creative Environment Corp. of Cranston, Rhode Island has been engaged to lead the construction effort in Providence.


PRODUCE FARMS: MARYLAND AND ALABAMA


Future Farm is pursuing opportunities to grow produce in Maryland and Alabama using CEA in collaboration with CBO Financial Inc. (“CBO”) and Volunteers of America (“VOA”). The primary objectives of both farms is to establish economical and environmentally friendly vertical farms, provide job training opportunities (specifically to the VOA’s reentry program for ex-offenders), provide therapeutic programs, support entrepreneurship development, and establish a model for replication at other reentry and social services facilities.


The Company, with the assistance of CBO Financial, is pursuing locations in Maryland and Alabama of approximately 25,000 square feet each. While it is not yet possible to predict the exact timing of these projects, Future Farm’s plan is still to first develop a prototype farm as a demonstration project for potential sources of financing, then to use this model to expand the Company’s CEA technology as well as the training and therapeutic programs developed by VOA into other markets throughout the United States.


PROCESSING, BREEDING AND GENETICS


PROCESSING


Concentrates are used to make edibles, topical ointments, capsules and other packaged products that require professional extraction technology and facilities. The market for high-quality cannabis concentrates is increasingly strong. Future Farm has made the strategic decision to optimize operations by moving the extraction equipment it acquired for use in California to the Company’s hemp drying and curing facility in Maine. The equipment recently arrived in Maine in time to meet the farm’s post-harvest processing needs. The extraction operation will be set up once harvest and seed sorting are completed.


BREEDING AND GENETICS


2018 has been a pivotal year for Future Farm’s breeding and genetics operations. The Company intends to form a jointly owned limited liability company, “Future Farm Rahan,” with world-renowned global agro-biotechnology company Rahan Meristem Ltd. Future Farm Rahan will develop, own and utilize Rahan's proven, patented and proprietary technology to mass-produce elite clones of cannabis and hemp and related technology. These clones are expected to have higher levels of THC and CBD that are focused on achieving specific, desired results in patients and recreational users. The new company intends to commercialize the intellectual property it develops by both selling clones and licensing technology.


RETAIL OPERATIONS


VERTICALLY INTEGRATED DISPENSARIES: MASSACHUSETTS


The Company has loaned $1.325 million to BCWC, LLC (“BCWC”), the holder of a provisional medical license and two provisional adult use licenses in Massachusetts. Currently, the Company is in discussions with BCWC regarding the terms under which it would provide further financial support for BCWC and will provide updates as those discussions progress. In addition, Future Farm has recently begun discussions with other holders of provisional licenses in Massachusetts about acquiring interests in those businesses.


DISPENSARIES: PUERTO RICO


Future Farm is a 40% owner of and holds a 60% economic interest in FFPR, LLC (“FFPR”). FFPR will own and operate five dispensaries in Puerto Rico under the Clinica Verde brand, which is already established as a leading medical cannabis dispensary operator in Puerto Rico.


As of September 2018, about 34,000 patients were signed up for the Puerto Rico medical marijuana program according to Marijuana Business Daily. This almost triple the 12,000 registered patients accounted for in 2017.


FFPR is preparing to launch three of the five dispensaries early in the new year. The three dispensaries will be located in the well-known Condado area of San Juan, on busy University Avenue in the Rio Piedras neighborhood of San Juan and in the city of Ponce. Work is underway at both the Condado and University Avenue locations.


LED CANADA


LED Canada continues to operate out of its showroom and integrated warehouse in Vancouver, British Columbia. The Company is conducting a technology and marketing review in order to increase sales via e-commerce channels.


TECHNOLOGY


Future Farm is utilizing and developing state-of-the-art technology in all aspects of its operations from cultivation to processing to the end-user experience. Also, as has been previously reported, the Company completed its spinout of NexTech AR Solutions Corp. in September.


CORPORATE UPDATES


FINANCING


In August 2018, the Company entered into a Secured Convertible Debenture from a fund of Yorkville Advisors Global, LP (“Yorkville”) in the Principal Amount of US$4,202,423, of which US$3,202,423 refinanced the remaining principal and accrued interest on the US$4,000,000 Convertible Debenture entered into with Yorkville in March 2018 and US$1,000,000 was paid in cash to Future Farm.


In September 2018, the Company announced an extension to its Conditional Lease Commitment with Veterans Capital Corp, a specialty finance company providing financial and leasing services (“Veterans Capital”). Veterans Capital agreed to extend to March 1, 2019 the period of time during which the Company can access its secured lease line of credit in an amount not to exceed US$500,000.00.


In November 2018, the Company entered into two Secured Convertible Debentures with Yorkville. One Debenture is in the Principal Amount of US$1,777,155, which refinanced the principal and accrued interest on the US$1,660,000 Convertible Debenture entered into with Yorkville in December 2017. The other Debenture is in the principal amount of US$1,340,00, which was paid to the Company in cash net of certain fees and expenses.


Proceeds from the private placements will be used to support the continued development of the Company’s various projects throughout North America.


CONCLUSION


Future Farm continues to forge ahead on a number of diversified activities in cannabis and agriculture. The Company is very pleased with the expansion of its portfolio over 2018 and the execution of its business divisions across North America.


The Company continues to raise capital and look for new opportunities in which to expedite growth. Future Farm thanks current and prospective shareholders for their interest and ongoing support.


For further information, contact Investor Relations at investor@FutureFarmTech.com. 


On behalf of the Board, 


Future Farm Technologies Inc. 


William Gildea, CEO & Chairman 


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. There is no guarantee that the Company will complete the Arrangement, or if completed, will be listed on a stock exchange. 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

8883873761
INVESTOR@FUTUREFARMTECH.COM

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8020 Admin

4 months

8020 Admin posted a press release Future Farm Announces Strategic Financing in Future Farm Technologies Inc.


November 13, 2018 / TheNewswire / Vancouver, British Columbia - Future Farm Technologies Inc. (the "Company" or "Future Farm") (CSE: FFT) (OTCQB: FFRMF) announces that it has closed on a new investment from a fund of Yorkville Advisors Global, LP ("Yorkville"). Proceeds from the private placement will be used to refinance a previous investment made by Yorkville and to support the continued development of the Company's various projects throughout North America.


"Yorkville continues to be a very supportive partner for our endeavors," comments William Gildea, CEO of Future Farm. "We are both committed to see our investments succeed and to expand the value of our portfolio for shareholders."


Under the terms of the financing, the Company has entered into two Secured Convertible Debentures. One Debenture is in the Principal Amount of US$1,777,155, which refinances the principal and accrued interest on the US$1,660,000 Convertible Debenture entered into with Yorkville in December 2017. The other Debenture is in the principal amount of US$1,340,00, which was paid to the Company in cash net of certain fees and expenses. The new Debentures bear annual interest at 8% and are repayable within 12 months, or convertible into Common Shares of the Company at a price of C$0.255 per share. In connection with the Debenture, the Company has also granted a Warrant Certificate to purchase 3,200,000 Common Shares at a price of C$0.34 per share. The Warrant Certificate expires on November 9, 2021.


For further information, contact Investor Relations at (888) 387-3761 ext. 710.


On behalf of the Board,


Future FarmTechnologies Inc.


William Gildea, Chairman & 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.


Copyright (c) 2018 TheNewswire - All rights reserved.



News Provided by TheNewsWire via QuoteMedia

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8020 Admin

5 months

8020 Admin posted a press release Future Farm Announces NexTech's CSE Trading Date of October 31, 2018 in Future Farm Technologies Inc.

October 30, 2018 / TheNewswire /Vancouver, British Columbia- Future Farm Technologies Inc. ("Future Farm") (CSE: FFT) (OTCQB: FFRMF) is pleased to announce that the Canadian Securities Exchange (the "CSE") has approved the listing of the common shares of NexTech AR Solutions Corp. ("NexTech" or the "Company"). NexTech's shares are expected to begin trading on the CSE on October 31, 2018 under the trading symbol "NTAR".


"NexTech's vision is to merge augmented reality, a high growth technology, with Cannabis and other industries. We have been hard at work over the past year building a team and technology platform which is focused on bringing state of the art augmented reality to the cannabis industry and other industries," says Evan Gappelberg, Chief Executive Officer of NexTech.


A listing statement describing NexTech, prepared in accordance with the policies of the CSE, will be made available on the CSE's website and on SEDAR at www.sedar.com. The information regarding NexTech in this press release is qualified in its entirety by reference to the more detailed disclosure included in the listing statement.


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 NexTech


NexTech is bringing augmented reality to the Cannabis market by turning 2D products into exciting 3D consumer experiences. NexTech is currently developing a proprietary and disruptive Augmented Reality (AR) advertising and education platform that uniquely engages by connecting brands and retailers through a fully immersive 3D AR experience called Native AR. NexTech launched its ARitize(TM) app in August 2018, which is capable of hosting many brands 3D objects and augmented reality experiences. NexTech also owns a large and diverse revenue generating App Portfolio that is deployed on the iTunes and Google plays store which it intends to ARitize(TM).


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.


 

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8020 Admin

5 months

8020 Admin posted a press release Future Farm's Puerto Rico Affiliate Positioned to Launch Significant Expansion of Clinica Verde, the Island's Preeminent Provider of Medical Cannabis in Future Farm Technologies Inc.

Vancouver, British Columbia, Oct. 25, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is pleased to announce that its Puerto Rico subsidiary, FFPR, LLC (“FFPR”), which Future Farm owns jointly with TCG Investments, LLC (“TCG”), owner of the Clinica Verde brand, is preparing to launch three new Clinica Verde dispensaries in dense highly trafficked areas of Puerto Rico early in the new year, with two additional locations planned in the following months. TCG already has five Clinica Verde dispensaries in successful operation. Those dispensaries have served more than 6,000 of the nearly 36,000 medical marijuana patients currently registered in Puerto Rico.


The addition of the new dispensaries owned by FFPR is expected to add significantly to Clinica Verde’s prominent position in the rapidly growing market for medical cannabis in Puerto Rico. With increasing patient demand in Puerto Rico and evolving cannabis regulations throughout the Caribbean, Clinica Verde is well positioned to execute its end goal of twelve dispensary locations planned for the island’s most populated and desirable retail corridors. As described above, Future Farm and Clinica Verde have partnered on five of the twelve planned locations.


As of September 2018, about 36,000 patients were signed up for the Puerto Rico medical marijuana program. This is more than double the 12,000 registered patients accounted for in 2017. According to the Secretary of Health of Puerto Rico, patients are joining the program at the rate of approximately 500 per week.


To help facilitate access to medical cannabis and direct tourism dollars toward responsible and safe cannabis use on the island, Clinica Verde and FFPR are also working with IslandMedPR, an online patient certification provider. Interested patients living in or traveling to Puerto Rico may use code CVERDE to save 20% off their standard registration fees. 


“Puerto Rico is a gateway to the Caribbean, where there is an on-going dialogue about reforming laws relating to cannabis,” says William Gildea, CEO of Future Farm. “Future Farm is proud to be a leader in creating access for patients, and to work with Clinica Verde and IslandMedPR to create comfortable and welcoming facilities in the highest trafficked areas of the island.” This effort has particular relevance because The Caribbean Community, an organization comprised of 19 Caribbean heads of state known as CARICOM, recently published a report about the possible reform to the legal regimes regulating cannabis/marijuana in CARICOM countries in order to achieve real and lasting social, economic and healthcare reform.


Future Farm also announces a correction to its September 21, 2018 release regarding the grant of incentive stock options to certain directors, officers, employees and consultants. A total of 4,625,000 stock options were granted on September 21, 2018 at an exercise price of $0.395 CAD per share. 


For further information, contact Investor Relations at investor@futurefarmtech.com or (888) 387-3761 x710.


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

8883873761
INVESTOR@FUTUREFARMTECH.COM

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8020 Admin

5 months

8020 Admin posted a press release Future Farm's Commitment to Non-GMO Cannabis in Future Farm Technologies Inc.

Vancouver, British Columbia, Oct. 17, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is pleased to announce its commitment to socially responsible, non-GMO cultivation of the cannabis plant. It plans to implement this commitment by deepening its relationship with Rahan Meristem Ltd., a world renown global agro-biotechnology company incorporated in the State of Israel with more than 250 employees in five locations and over 40 years of experience in plant propagation and breeding (“Rahan”).


A key objective of the expanded work with Rahan is the creation of elite plant strains by in vitro mutagenesis, a proprietary technology developed, proven and patent protected by Rahan. The elite strains will be chosen based on their effectiveness for a variety of commercially valuable applications. For example, Future Farm’s new affiliate in St. John’s, Newfoundland, CEPG Consulting and Design Inc., is in discussions to develop a cannabis-infused bottled water product that would benefit from using one of the elite strains under development.


The Rahan methodology is, Future Farm believes, a superior alternative to the genetic modification of the cannabis plant proposed by multinational agribusiness companies like Monsanto.


The multidisciplinary work being done with Rahan combines state of the art technologies in the fields of cell culture, molecular genetics, analytical chemistry, phenomic tools, and computation technology, all in combination with sophisticated controlled environment agronomy. “We have gathered a highly motivated group of domain experts from a variety of professional backgrounds to reach our goals as quickly as possible,” says Dr. Eli Khayat, Rahan’s Scientific Director.


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.


About Rahan Meristem Ltd.


Rahan Meristem is an agro-biotechnology company with more than 30 years of experience in plant propagation and breeding. We produce millions of plants every year and export to more than 20 countries around the world.


We are a privately-owned company headquartered in Rosh Hanikra, Israel, with additional production facilities in Colombia, the Philippines and Ecuador, and a distribution center in Costa Rica.


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

8883873761
INVESTOR@FUTUREFARMTECH.COM

!
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8020 Admin

5 months

8020 Admin posted a press release Tilray Alumni Leading Future Farm into its Next Operational Phase in Future Farm Technologies Inc.

October 10, 2018 / TheNewswire / Vancouver, British Columbia- Tilray alumni Phyllis Vena and Christopher Lesh have their sights set on replicating Tilray's success for Future Farm Technologies Inc. (the "Company" or "Future Farm") (CSE: Future Farm) (OTCQB: FFRMF) as Future Farm moves its diverse portfolio of business units from the developmental to operational phase. With harvest under way in Maine, revenue and profit increasing in Florida, dispensaries soon to open in Puerto Rico, and a rapidly expanding portfolio throughout North America, Phyllis and Chris are overseeing logistics planning and execution for all aspects of the Company's business.


Connecting multi-phased business units requires cutting-edge solutions. Phyllis is addressing this requirement with best-in-class techniques to complement Future Farm's research and development and cultivation capabilities. Before joining Future Farm, Phyllis worked for Privateer Holdings, which launched and operated Tilray until its 2018 IPO. Among her achievements while working at Tilray were the creation and implementation of the company's pricing framework, strain-level sales forecasting and inventory and production plans for Tilray Canada. Phyllis also set strategic plans for Tilray Global, the company's international export initiative, helping Tilray to become the first GMP-certified cannabis producer in North America in 2016, which enabled international distribution.


From a grower's perspective, there is no cultivation DNA in the Tilray stable without Chris' fingerprints on it. Chris was one of Tilray's first head growers and oversaw every phase of grow operations from facility design to construction, environmental controls, plant profile health and tracking, staff training and coordinating production cycles. It was only after Tilray's first cultivation successes that Chris passed the torch to his successor. Today, Chris is spearheading a sophisticated cultivation strategy for Future Farm to utilize in Florida, California, Maine, Canada, Massachusetts and beyond.


At this critical time for Future Farm, success will be found in its people. "We at Future Farm know that the key to success is building a team that continually redefines the bar for success," said William Gildea, CEO of Future Farm. "We are very excited to be working with professionals like Phyllis and Chris as we expand our operating portfolio."


Phyllis and Chris' areas of deep expertise are now key parts of Future Farm as the Company continues to bring best-in-class management to its diverse portfolio of cannabis and other businesses.


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.

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Future Farm Technologies Inc.

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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 ...

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Future Farm Technologies Inc.

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Future Farm is a Canadian company with holdings throughout North America including California, Massachusetts, Florida......

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Thank you Future Farms for keeping me in the know as an investor. I have been a shareholder with the company for some time now and the updates (NR's) have always been very informative. I wish FFT much success this year. Thank you for timely updates Mr. Gildea. Best Regards, Heiko

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8020 Admin posted a press release Future Farm Announces Strategic Financing to Support Completion of Medical Cannabis Dispensaries in Puerto Rico and Other Key Initiatives in Future Farm Technologies Inc.

March 15, 2019 / TheNewswire / Vancouver, British Columbia - Future Farm Technologies Inc. (the "Company" or "Future Farm") (CSE: FFT) (OTCQB: FFRMF) announces that it has closed on a new investment from a fund of Yorkville Advisors Global, LP ("Yorkville"). Proceeds from the private placement will be used to refinance a previous investment made by Yorkville and to support the continued development of the Company's projects in Puerto Rico, Rhode Island and throughout North America.


"Yorkville continues to be a very supportive partner for our endeavors, including our soon to open medical cannabis dispensaries in Puerto Rico," comments William Gildea, CEO of Future Farm. "Puerto Rico is a strategic location for Future Farm expansion given its rapidly growing patient population and increasing social acceptance of medical cannabis. We are excited to partner with Clinica Verde to add more of their outstanding dispensaries providing legal, high quality flower, edibles and concentrates to patients residing on and visiting Puerto Rico at this time of island-wide restoration and growth."


Future Farm's expansion into Puerto Rico comes at a time of tremendous growth for the medical marijuana industry in Puerto Rico. The island now has over 100 licensed medical marijuana businesses in operation to serve its more than 56,000 patients.


Under the terms of the Yorkville financing, the Company has entered into two Secured Convertible Debentures. One Debenture is in the Principal Amount of US$696,197, which refinances the principal and accrued interest on the US$1,340,000 Convertible Debenture entered into with Yorkville in November 2018. The other Debenture is in the principal amount of US$500,000, which was paid to the Company in cash net of certain fees and expenses. The new Debentures bear annual interest at 8% and are repayable within 12 months, or convertible into Common Shares of the Company at a price of C$0.16 per share.


For further information, contact Investor Relations at (888) 387-3761 ext. 710.


On behalf of the Board,


Future FarmTechnologies 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.

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8020 Admin posted a press release Future Farm Announces First Sales of Maine Cherry Wine Hemp Seeds in Future Farm Technologies Inc.

Buyers from Across US Take Advantage of First-Time Discount Pricing on Elite Cultivar

March 14, 2019 / TheNewswire /Vancouver, British Columbia - Future Farm Technologies Inc. (the "Company" or "Future Farm") (CSE: FFT) (OTCQB: FFRMF) is pleased to report that, just weeks after it completed preparation of Cherry Wine seeds from the 2018 harvest and began offering them for purchase, seed sales are now over $40,000 USD.


The approximately 25,000 seeds were sold through the Company's US subsidiary, Future Farm Maine, LLC. With more than 1 million of these valuable Cherry Wine hemp seeds available for purchase at FutureFarmShop.com, and the Company's recent success being awarded three additional industrial hemp cultivation licenses from the State of Maine, Future Farm is positioned to be a leading supplier of a very valuable cultivar to farmers looking to grow hemp for CBD. Once laboratory testing confirms that the seeds are verified as feminized, the price per seed will increase by $0.50 USD. This planned price increase gives farmers an incentive to buy early. Lab results are expected by the beginning of April 2019.


"So far, we have sold seeds to farmers in a number of states, including here in Maine, as well as Pennsylvania, West Virginia and Vermont," says Zak Lapan, General Manager of Future Farm Maine. "The recent launch of our seed sales website has resulted in increased inquiries from farmers in the US, Canada, Europe and Africa. We are actively pursuing all potential opportunities."


Visit https://www.futurefarmshop.com/ to place an order.


For further information about Future Farm Technologies, contact Investor Relations atinvestor@futurefarmtech.comor (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.

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8020 Admin posted a press release Future Farm Maine Receives Industrial Hemp Licenses for 2019 in Future Farm Technologies Inc.

March 13, 2019 / TheNewswire / Vancouver, British Columbia - Future Farm Technologies Inc. (the "Company" or "Future Farm") (CSE: FFT) (OTCQB: FFRMF) is pleased to announce that it has received two licenses from the US State of Maine, through the Company's subsidiary, Future Farm Maine, LLC, for the cultivation of industrial hemp in 2019.


One license covers its Amity and Hersey farms in Maine and the other is for the Belfast, Maine processing facility.


"This is an important achievement for Future Farm in the United States, marking our second year of hemp farming in Maine and signifies our sustainability in the state's agricultural footprint," says William Gildea, CEO of Future Farm. "Our success and leadership in 2018 uniquely position Future Farm to continue as one of the leading growers of high-quality hemp-for-wellness products in the Northeast."


Future Farm Maine will use the existing Belfast building to germinate an estimated 250,000 hemp seeds over the next few months, which will then be planted on 100 acres of prime farmland to meet the summer growing season at the Amity and Hersey farms.


Future Farm Maine plans to leverage the Cherry Wine seeds from its 2018 harvest as the primary cultivar planted. Visit https://www.futurefarmshop.com/ to place an order. Once harvested, the hemp will be dried and further refined into CBD oils and other products for sale to makers of edibles, creams and lotions who require naturally produced, very high quality ingredients.


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 expertiseof Future Farm'soutstanding 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.

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8020 Admin

16 days

8020 Admin posted a press release Future Farm's George Groccia and Zak Lapan to Speak at New England Cannabis Convention in Future Farm Technologies Inc.

Panel to discuss “Hemp in New England: Farming and CBD Opportunities Post-Farm Bill”

Vancouver, British Columbia, March 06, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is proud to announce that George Groccia, Future Farm’s organizational and operational manager, and Zachary Lapan, general manager for Future Farm Maine’s hemp production facilities, have been selected to speak at the New England Cannabis Convention (NECANN) in Boston on Saturday, March 23, 2019. NECANN is the east coast’s largest cannabis industry event, attracting the largest number of hemp and cannabis industry professionals in the Northeast.


George and Zak will be speakers at the “Hemp in New England: Farming and CBD Opportunities Post-Farm Bill” panel, and George will serve as moderator. They will be joined by fellow panelists Julia Agron, outreach coordinator for the Northeast Sustainable Hemp Association (NOSHA); Bill Downing, former president of MassCANN/NORML; and Linda Noel of the Terrapin Hemp Cooperative. The session starts at 1:00 PM and will include time for the panel to address audience questions.


With Future Farm’s successful fall 2018 harvest in Maine and the recent launch of the Company’s hemp seed sales website at FutureFarmShop.com, George and Zak bring hands-on experience to help the NECANN audience understand implications for farmers and CBD producers after the passage of the 2018 Farm Bill and how farmers and investors are seizing new opportunities in this emerging industry.


To view the conference schedule and learn more about NECANN, visit https://www.necann.com/2019-boston/


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 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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8020 Admin

22 days

8020 Admin posted a press release Future Farm offers Cherry Wine Hemp Seeds for Sale at Discounted Rate in Future Farm Technologies Inc.

Elite strain for CBD-producing hemp available now at FutureFarmShop.com

February 28, 2019 / TheNewswire / Vancouver, British Columbia - Future Farm Technologies Inc. (the "Company" or "Future Farm") (CSE: FFT) (OTCQB: FFRMF) is proud to announce that hemp seeds processed from Future Farm Maine's 2018 harvest are now available to order online at FutureFarmShop.com.


Cherry Wine seeds are known for their cannabidiol (CBD) content and outstanding genetic stability year-over-year. While individual propagation rates will vary based on grow methodology, soil and other environmental factors, Future Farm's testing of the seeds showed an 85% germination rate. Independent laboratory testing shows CBD levels at 12.3% and THC content to be within legal limits. Lab results are available upon request.


The seeds being sold have been treated for feminization, but the Company has not yet received confirmation that the treatment was successful. While Future Farm awaits feminization-testing results, buyers may purchase seeds at a significant discount. Once the feminization results are confirmed, prices will increase. A minimum purchase of 2,000 seeds is required and may be requested by visiting FutureFarmShop.com or by sending an inquiry to sales@futurefarmtech.com.


Future Farm Maine is a subsidiary of Future Farm Technologies Inc. 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, 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.

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8020 Admin

30 days

8020 Admin posted a press release Future Farm Names David Lenigas Non-Executive Chairman in Future Farm Technologies Inc.

Vancouver, British Columbia, Feb. 20, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is pleased to announce that it has agreed to expand its board to add Mr. David Lenigas, who will serve as Non-Executive Chairman.  Future Farm will draw on Mr. Lenigas’s decades of experience in building successful businesses to help evaluate the numerous opportunities the Company is receiving for capital funding and acquisitions, as well as to help assure that Future Farm’s existing robust portfolio of cannabis businesses progress as rapidly as possible. 


Mr. Lenigas has extensive experience operating in global public markets having served in a senior executive capacity on many public company boards. Among his other positions, he currently serves as Co-Chairman of LGC Capital, a Montreal-based company investing internationally in facilities that allow for large scale cultivation of cannabis and production of legal products within regulatory environments that allow such activity, including Canada, Australia, Jamaica, Italy and Switzerland. Mr. Lenigas served as the Executive Chairman of Rare Earth Minerals plc until December 2015 and was responsible for the company’s significant involvement in the discovery of the Sonora Lithium Project in Northern Mexico with its joint venture partner Bacanora Minerals Limited. He also served as Executive Chairman of London main board listed conglomerate Lonrho Plc for seven years until September 2012 and was responsible for its expansion into more than 20 countries in Africa in sectors covering agriculture, infrastructure, hotels, IT and aviation. 


Mr. Lenigas holds a Bachelor of Applied Science (Mining Engineering) with Distinction from Curtin University’s Western Australian Kalgoorlie School of Mines and also holds an unrestricted first class mine manager’s certificate from the Western Australian Government. He still actively participates in the resources industry, mainly in the oil and gas sectors in the UK and Australia, and was responsible for the significant new oil discovery near London’s Gatwick international Airport when he was Executive Chairman of UK Oil & Gas Investments Plc. 


“David’s track record in three key areas; capital markets, growth by M&A and operations, and his extensive experience in large agriculture operations and global agri-logistics, will be a great addition to the Future Farm team as we continue to grow operations and seek new opportunities,” says William A. Gildea, CEO of Future Farm. 


“Future Farm and its management have amassed an incredible portfolio of US assets in the legal cannabis and CBD sectors in California, Massachusetts, Florida, Maine, Puerto Rico and Newfoundland, which are now primed for significant growth in 2019,” says Mr. Lenigas. “Also, with the passing of the 2018 US Farm Bill, I see great potential to significantly expand Future Farm’s operations into the fast growing high CBD and low THC markets, especially when you see what is happening with the growth of Cannabis Light and CBD products all over Europe. There is also a great opportunity for Future Farm to actively pursue M&A opportunities, as I see so many great US companies that are significantly undervalued when compared to Canadian market metrics.”


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, Director 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

8883873761
investor@futurefarmtech.com

!
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8020 Admin

1 month

8020 Admin posted a press release Future Farm Maine Extends 100-Acre Lease for CBD-Producing Hemp in Future Farm Technologies Inc.

Vancouver, British Columbia, Feb. 14, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is pleased to announce that it has entered into a new lease with Haymart, LLC to grow CBD-producing hemp on the same 100-acre parcel which the Company leased from Haymart for its inaugural 2018 season. 


The new lease covers the 2019 season and will also cover the 2020 and 2021 seasons, unless either the Company or Haymart opt out. Under the terms of the lease, Haymart will also provide farming services to Future Farm. Haymart has proven to be a key contributor to the success of Future Farm Maine and the Company is grateful for the willingness of Haymart to work creatively on the economic terms of the new lease. Future Farm and Haymart are also in discussions about working together in other aspects of the rapidly expanding market for CBD-producing hemp. 


Future Farm is also pleased to announce that, with the new lease in place, it has completed its 2019 license applications for the cultivation of industrial hemp for its three Maine locations, and will submit those applications in the immediate future. 


“Now is the time to make the investments and secure additional licensing so that Future Farm can continue to build on our early success in Maine,” says Zachary Lapan, manager of Future Farm Maine’s cultivation and processing operations. “Haymart, the State of Maine and the farming community around us have always been very collaborative, and we will continue working with them to expand our current footprint.”


Click here to view Future Farm’s Maine harvest video: https://www.youtube.com/channel/UCVmuRol13Qm7qlMQM2Kx77g/featured


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
INVESTOR@FUTUREFARMTECH.COM

!
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8020 Admin

1 month

8020 Admin posted a press release Future Farm Maine Prepares for Seed Sales in Future Farm Technologies Inc.

Large inventory of elite Cherry Wine seeds for CBD-producing hemp soon to be available for purchase 

Vancouver, British Columbia, Feb. 07, 2019 (GLOBE NEWSWIRE) -- 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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8020 Admin

1 month

8020 Admin posted a press release Future Farm to Expand Ownership in Puerto Rico Dispensaries in Future Farm Technologies Inc.

Company to increase interest in Puerto Rican subsidiary as product demand soars on the island

Vancouver, British Columbia, Feb. 05, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is pleased to announce that it has reached an agreement with its Puerto Rico partner, TCG Investments, LLC (“TCG”), owner of the “Clínica Verde” brand of medical cannabis dispensaries, to expand its ownership interest in its Puerto Rico subsidiary, FFPR, LLC (“FFPR”). Future Farm and TCG intend to purchase their former business partner’s interest, resulting in Future Farm owning a 50% ownership interest and 60% economic interest. Future Farm previously held a 40% ownership interest and 50% economic interest in FFPR.


Future Farm’s expanded interest in FFPR comes at a time of tremendous growth for the medical marijuana industry in Puerto Rico. More than a year after the island was devastated by Hurricane Maria, which created millions of dollars in damage for medical marijuana businesses alone, the island now has over 100 licensed medical marijuana businesses in operation to serve its more than 56,000 patients.


“TCG is proud to partner with Future Farm to execute this joint venture,” says Christopher Foster, CFO of TCG. “Our success to this date is a result of careful planning and strategic growth. These new dispensaries will help us continue executing our strategy and benefit from Future Farm’s expertise and resources.”


“Puerto Rico is a strategic location for Future Farm expansion given its soaring patient population and increasing social acceptance of medical cannabis,” added William Gildea, CEO of Future Farm. “We are excited to continue building out the Clinica Verde dispensaries to provide legal, quality flower, edibles and concentrates to patients residing on and visiting Puerto Rico at this time of island-wide restoration and growth.”


As previously announced, FFPR will open five dispensaries on the island by 2019's end. FFPR’s contractor is putting the finishing touches on its first two dispensaries, which are expected to open in mid to late March, pending receipt of final inspections and licensure from Puerto Rico’s Board of Health. The first dispensary will be in Condado, a premier tourist area, and the second will be on University Avenue near the University of Puerto Rico Rio Piedras, the largest university on the island and one of the largest in the Caribbean basin. Upon completion, each location will begin providing valuable healthcare alternatives to residents and tourists, with plans to expand services to include door-to-door delivery. Both locations will feature ample parking, perhaps one of the most valuable amenities for a dispensary on the island.  


Subject to the terms and conditions of the Purchase Agreement, at the Closing, FFPR’s partner shall sell, assign, and transfer to Future Farm and TCG 36 units of participation of FFPR, free and clear of all adverse interests or other claims, at a price of $833.33 per unit of participation amounting to $30,000.00. The parties have agreed to purchase the units as follows: Future Farm to purchase 12 units for USD$10,000; and TCG to purchase 24 units for USD$20,000.


For further information, contact Investor Relations at investor@FutureFarmTech.com. 


On behalf of the Board, 


Future Farm Technologies Inc. 


William Gildea, CEO & Chairman 


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. There is no guarantee that the Company will complete the Arrangement, or if completed, will be listed on a stock exchange. 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
investor@futurefarmtech.com

!
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8020 Admin

2 months

8020 Admin posted a press release Future Farm Leases Providence, Rhode Island Building to Provisional Licensee in Future Farm Technologies Inc.

Vancouver, British Columbia, Jan. 31, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is pleased to announce that it has entered a lease for its building located at 115 Harris Avenue in Providence, Rhode Island (“the Property”) to Herask Associates, LLC (“Herask”). Herask has been issued a provisional license to cultivate medical marijuana from the Rhode Island Department of Business Regulations (“DBR”) and was recently granted an extension to complete renovations and controlled environment agriculture (CEA) installation at the Property. 


Herask and Future Farm have signed a five-year lease for the 15,000-square-foot building where Herask will house its cultivation and processing operation. Upon completion and final licensure by the DBR, the facility will provide high-quality, wholesale cannabis and cannabis-related products to Rhode Island’s state-sanctioned medical marijuana dispensaries. 


The extension requires all renovations and installation to be completed by July 31, 2019. Herask has signed an agreement with local contractor Green Development to complete the work. 


“We have been in discussions with Herask for quite some time and are excited to finally be able to call them our partners in Rhode Island,” states William Gildea, Future Farm’s CEO. “Now that they have received the extension from the DBR and enlisted Green Development as their general contractor, we are confident that Herask will be the cannabis supplier of choice within the state.” 


For further information, contact William Gildea, Director, at (888) 387-3761. 


On behalf of the Board, 


Future Farm Technologies Inc. 


William Gildea, Chairman & 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
INVESTOR@FUTUREFARMTECH.COM

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8020 Admin

2 months

8020 Admin posted a press release Future Farm Plans Cannabis Development Laboratory Build Out in Carpinteria, California in Future Farm Technologies Inc.

January 29, 2019 / TheNewswire / Vancouver, British Columbia - Future Farm Technologies Inc. (the "Company" or "Future Farm") (CSE: FFT) (OTCQB: FFRMF) is excited to announce that it is entering the final planning stages for the construction and operation of a cannabis research and development facility in Carpinteria, California. The facility will be one of two locations for the jointly owned company that Future Farm is in the process of forming with Rahan Meristem, a world-renowned global agro-biotechnology company.


The build out consists of construction of the analytical lab, which will be the core function of the facility, the purchase of its equipment and the recruitment of researchers. Once work is completed in late March 2019, the team will commence research in areas such as cell culture, molecular genetics, analytical chemistry, phenomic analysis and computation. The team's findings and ongoing research are expected to lead to the development of valuable elite cannabis strains for sale to large growers and to highly efficient tissue culture production so that the elite strains can effectively become commercialized.


In addition to direct sales of elite cannabis strains, the new company will consider licensing the proprietary technology it is developing to sophisticated cannabis growers across the globe. The protocols developed will provide the software, services and processes that set the conditions for elite clone cultivation on a rapid scale to allow growers to realize the highest profit margins possible.


For further information, contact William Gildea, Director, at (888) 387-3761.


On behalf of the Board,


Future Farm Technologies Inc.


William Gildea, Chairman & 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.

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8020 Admin

2 months

8020 Admin posted a press release Future Farm Maine Prepares to Bring Elite Cherry Wine Hemp Seeds to Market and Begins Test Operation of CBD Oil Extraction Equipment in Future Farm Technologies Inc.

Vancouver, British Columbia, Jan. 23, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- After a successful 2018 hemp harvest at its farms located in Hersey and Amity, Maine, Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is currently putting systems in place to begin selling its close to two million Cherry Wine strain hemp seeds. Future Farm chose to grow the elite Cherry Wine strain due to its outstanding genetic stability and high propagation rates. As the harvested seeds continue to dry and cure, Future Farm is in the process of independently testing propagation rates and feminization of the seeds. The Company expects to complete that work and begin selling seeds by mid-March, the first month of its 2020 fiscal year.   


In addition to preparing its valuable seeds for market, Future Farm has now completed installation of its ethanol extraction equipment at its facility in Belfast, Maine. It is currently conducting test runs of the equipment. Once that testing is completed, the Company plans to use the equipment to convert the bulk of its 20,000 pounds of hemp biomass into CBD oil for sale to manufacturers of CBD-based products. Future Farm expects to be able to provide more guidance on the amount of oil it will produce and the revenue it can expect from that oil after it completes production testing and further develops its marketing and sale effort. 


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 


https://futurefarmtech.com/?p=757


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


8883873761


INVESTOR@FUTUREFARMTECH.COM 

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8020 Admin

2 months

8020 Admin posted a press release Future Farm's Canadian Subsidiary Purchases Interest in Processing Plant and Prepares Health Canada LP Submissions in Future Farm Technologies Inc.

Vancouver, British Columbia, Jan. 08, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Future Farm Technologies Inc. (the “Company,” “Future Farm” or “FFT”) (CSE: FFT) (OTCQB: FFRMF) is pleased to announce that its Canadian subsidiary, CEPG Consulting and Design Inc. (“CEPG”) located in St. John’s, Newfoundland, has purchased a 50% interest in 420 Holdings Inc. (“420 Holdings”), also a Newfoundland corporation. In December of 2018, 420 Holdings purchased a former shrimp processing facility, located in Jackson’s Arm, Newfoundland (the “Processing Plant”).


Three cannabis related license applications are being prepared for submission to Health Canada with respect to the Processing Plant: 1) micro cannabis cultivation, 2) cannabis nursery (for the sale of seeds and cuttings), and 3) cannabis processing. 


Pursuant to Canada’s regulations, a micro cannabis cultivation license allows the cultivation and sale of cannabis (wholesale) to licensed third parties, and a cannabis processing license allows extraction processes, enabling the development of edibles and the development of bottled water products infused with THC and CBD. 


“The former shrimp plant comes equipped with a 10” water line, that delivers pristine water from Jackson’s Arm pond. A small water bottling plant doesn’t require any further approval and seems a logical first step,” says Chris Snellen, CEPG’s president and CEO. “The plan is to build and equip CFIA (Canadian Food Inspection Agency) sanctioned grow rooms, and plant them out to capacity immediately with lettuce, basil, spinach and turnip greens for sale to a local wholesaler, while we await the issuance of the three cannabis related licenses.” 


For further information, contact Investor Relations at investor@FutureFarmTech.com. 


On behalf of the Board, 


Future Farm Technologies Inc. 


William Gildea, CEO & Chairman 


Link to Press Release: https://futurefarmtech.com/?p=745 


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. There is no guarantee that the Company will complete the Arrangement, or if completed, will be listed on a stock exchange. 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

8883873761
INVESTOR@FUTUREFARMTECH.COM

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8020 Admin

3 months

8020 Admin posted a press release Future Farm's Puerto Rico Affiliate Positioned to Launch Significant Expansion of Clínica Verde, the Island's Preeminent Provider of Medical Cannabis in Future Farm Technologies Inc.

Vancouver, British Columbia, Jan. 03, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is pleased to announce that its Puerto Rico subsidiary, FFPR, LLC (“FFPR”), which Future Farm owns jointly with TCG Investments, LLC (“TCG”), owner of the “Clínica Verde” brand, is preparing to launch two new dispensaries in this calendar quarter.  The first dispensary will be in Condado, a premier tourist area, and the second will be on University Avenue near the University of Puerto Rico Rio Piedras, the largest university on the island.


As previously announced, FFPR will open five dispensaries on the island by 2019's end. Construction at the University Avenue location is expected to be completed by mid-February, with the Condado location expected to be completed approximately five weeks later. Soon after completion of construction, each location will begin providing valuable healthcare alternatives to residents and tourists, with plans to expand services to include door-to-door delivery. Both locations will feature ample parking, perhaps one of the most valuable amenities for a dispensary on the island.  


“We’re excited to start this next phase of our venture with the Future Farm family,” says Ramón E. Ortiz Cortés, TCG’s President. “Puerto Rico is rapidly expanding its patient base and as the industry leaders, we are ready to provide all patients reliable products at the best price all over the island.”


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

8883873761
INVESTOR@FUTUREFARMTECH.COM

!
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8020 Admin

3 months

8020 Admin posted a press release Future Farm Selected as Finalist in Florida for Hemp Research and CBD Product Development in Future Farm Technologies Inc.

Vancouver, British Columbia, Dec. 28, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- In response to the recent passage of the 2018 U.S. Farm Bill, Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is pleased to announce that it is expanding its existing hemp portfolio to include a potential partnership in Florida. The Florida project builds on Future Farm’s work with its partner, Rahan Meristem, Ltd., to apply molecular and analytical tools for the discovery of scientifically recognized medicinal and industrial uses of hemp-derived products.


The wealth of cannabinoids and terpenes in hemp opens a wide window of opportunities for expansion of endorsed medical uses of hemp products. Currently, Future Farm is a finalist among seven potential research partners being considered by Florida A&M University, which is preparing to commence industrial hemp research and production.


Passage of the 2018 U.S. Farm Bill serves to ratify the Company’s drug discovery work and will facilitate market entry with new products that may soon be endorsed by regulators. Legalization of hemp will also allow comprehensive research relating to hemp and, specifically, cannabidiol (CBD). Future Farm will distinguish itself as an industry leader by conducting federally recognized, longitudinal studies employing the strictest of scientific standards.


“The significance of this legislation cannot be understated as it paves the way for the industry to expand, while providing legitimacy at the governmental and institutional levels,” states Jim Cincotta, Future Farm’s manager of its Florida operations. “It will allow for in-depth exploration of the myriad of applications of this remarkable plant. We know that some of the Florida based research activities will explore optimal hemp growing conditions to assure a consistent supply for local medicinal, retail and industrial processors.”


Future Farm’s team of experts is equipped to associate specific molecular profiles with pharmaceutical uses and its team of researchers is comprised of domain experts in analytical chemistry, tissue and cell biology, pharmacology and horticulture. The Company’s aim is to develop health related products in order to augment the commercial value of a variety of hemp compounds.


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

8883873761
INVESTOR@FUTUREFARMTECH.COM

!
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8020 Admin posted an update in FUTURE FARM TECHNOLOGIES INC.

3 months

Video of today's Future Farm Technologies Inc. News Release

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8020 Admin

3 months

8020 Admin posted a press release New Video Offers Inside Look at Future Farm Maine's First Hemp Harvest in Future Farm Technologies Inc.

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.



Investor Relations

8883873761
INVESTOR@FUTUREFARMTECH.COM

!
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8020 Admin

4 months

8020 Admin posted a press release Future Farm Provides Fall Update to Shareholders in Future Farm Technologies Inc.

Vancouver, British Columbia, Nov. 20, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Future Farm Technologies Inc. (the “Company,” “Future Farm” or “FFT”) (CSE: FFT) (OTCQB: FFRMF) is pleased to provide an update regarding activities for the calendar year-to-date and plans for the remainder of 2018. The Company’s CEO, Bill Gildea, thanks current and prospective shareholders for their ongoing support.


Early 2018 was an active period for Future Farm. The Company closed new investments in Florida, Puerto Rico, Rhode Island and Maine, and the market responded positively to this portfolio expansion and diversification. Since that time, Future Farm has primarily focused on increasing shareholder value by integrating these acquisitions, improving operations, and taking advantage of synergies. The Company has successfully raised US$6.34 million of new capital from a fund of Yorkville Advisors over the course of the year to develop and expedite growth in its operations.


The summaries below provide a more in-depth update on the Company’s various projects in its four business segments over the year-to-date.


CULTIVATION


With cultivation projects underway in strategic markets in the U.S. and Canada, Future Farm is positioned to be a leading cultivator of cannabis, including hemp, and other types of produce. The Company’s Build-Own-Operate model, Controlled Environment Agriculture (“CEA”) practices, and adherence to the highest standards position FFT to be a leading producer of cannabis, hemp and CBD products.


FLORIDA


Future Farm owns a fully operational, approximately 10-acre greenhouse business in Apopka, Florida known as White Sand Nursery (“White Sand”). White Sand currently grows ornamental plants that are sold in large retail stores throughout North America, but the intent is to cultivate cannabis in its greenhouses and outdoor farmland, once fully licensed.


White Sand hired Jose Sikaffy in August 2018 as Director of Cultivation in preparation for entering the Florida medical cannabis business. Before joining White Sand, Mr. Sikaffy was Cultivation Director of Remeny/Tredwell Nursery, a Florida licensed medical cannabis facility in Eustis. Mr. Sikaffy graduated from Valencia College in Orlando and holds a degree in plant science and agriculture technology.


MAINE


Future Farm’s 80% subsidiary, Future Farm Maine, LLC, received three licenses for industrial hemp cultivation in the state: one each for farms in Amity and Hersey, and one for the Company’s hemp processing facility in Belfast. Future Farm Maine is expected to provide multiple revenue streams from the sale of harvested hemp biomass, CBD concentrate and isolate extracted from the biomass, and hemp seeds. The Company completed its harvest of 50 acres of hemp in Maine in October 2018 and announced that the harvested hemp easily passed state-mandated testing for acceptable limits of THC (<0.3% THC).


RHODE ISLAND


In January 2018, Future Farm purchased a 15,000-square foot building in Providence, Rhode Island to be used as a licensed medical marijuana cultivation facility. Once licensed, this property will be used to provide wholesale cannabis to Rhode Island’s state-sanctioned dispensaries. The building is located in an M-1 zone, which permits the cultivation of cannabis by right. Future Farm has a letter of intent to lease the building to an entity that holds a provisional license for the cultivation of wholesale medical marijuana. Renovation is underway to create 6,480-square feet of cultivation space, in addition to processing space and a commercial kitchen to prepare edible cannabis products. Creative Environment Corp. of Cranston, Rhode Island has been engaged to lead the construction effort in Providence.


PRODUCE FARMS: MARYLAND AND ALABAMA


Future Farm is pursuing opportunities to grow produce in Maryland and Alabama using CEA in collaboration with CBO Financial Inc. (“CBO”) and Volunteers of America (“VOA”). The primary objectives of both farms is to establish economical and environmentally friendly vertical farms, provide job training opportunities (specifically to the VOA’s reentry program for ex-offenders), provide therapeutic programs, support entrepreneurship development, and establish a model for replication at other reentry and social services facilities.


The Company, with the assistance of CBO Financial, is pursuing locations in Maryland and Alabama of approximately 25,000 square feet each. While it is not yet possible to predict the exact timing of these projects, Future Farm’s plan is still to first develop a prototype farm as a demonstration project for potential sources of financing, then to use this model to expand the Company’s CEA technology as well as the training and therapeutic programs developed by VOA into other markets throughout the United States.


PROCESSING, BREEDING AND GENETICS


PROCESSING


Concentrates are used to make edibles, topical ointments, capsules and other packaged products that require professional extraction technology and facilities. The market for high-quality cannabis concentrates is increasingly strong. Future Farm has made the strategic decision to optimize operations by moving the extraction equipment it acquired for use in California to the Company’s hemp drying and curing facility in Maine. The equipment recently arrived in Maine in time to meet the farm’s post-harvest processing needs. The extraction operation will be set up once harvest and seed sorting are completed.


BREEDING AND GENETICS


2018 has been a pivotal year for Future Farm’s breeding and genetics operations. The Company intends to form a jointly owned limited liability company, “Future Farm Rahan,” with world-renowned global agro-biotechnology company Rahan Meristem Ltd. Future Farm Rahan will develop, own and utilize Rahan's proven, patented and proprietary technology to mass-produce elite clones of cannabis and hemp and related technology. These clones are expected to have higher levels of THC and CBD that are focused on achieving specific, desired results in patients and recreational users. The new company intends to commercialize the intellectual property it develops by both selling clones and licensing technology.


RETAIL OPERATIONS


VERTICALLY INTEGRATED DISPENSARIES: MASSACHUSETTS


The Company has loaned $1.325 million to BCWC, LLC (“BCWC”), the holder of a provisional medical license and two provisional adult use licenses in Massachusetts. Currently, the Company is in discussions with BCWC regarding the terms under which it would provide further financial support for BCWC and will provide updates as those discussions progress. In addition, Future Farm has recently begun discussions with other holders of provisional licenses in Massachusetts about acquiring interests in those businesses.


DISPENSARIES: PUERTO RICO


Future Farm is a 40% owner of and holds a 60% economic interest in FFPR, LLC (“FFPR”). FFPR will own and operate five dispensaries in Puerto Rico under the Clinica Verde brand, which is already established as a leading medical cannabis dispensary operator in Puerto Rico.


As of September 2018, about 34,000 patients were signed up for the Puerto Rico medical marijuana program according to Marijuana Business Daily. This almost triple the 12,000 registered patients accounted for in 2017.


FFPR is preparing to launch three of the five dispensaries early in the new year. The three dispensaries will be located in the well-known Condado area of San Juan, on busy University Avenue in the Rio Piedras neighborhood of San Juan and in the city of Ponce. Work is underway at both the Condado and University Avenue locations.


LED CANADA


LED Canada continues to operate out of its showroom and integrated warehouse in Vancouver, British Columbia. The Company is conducting a technology and marketing review in order to increase sales via e-commerce channels.


TECHNOLOGY


Future Farm is utilizing and developing state-of-the-art technology in all aspects of its operations from cultivation to processing to the end-user experience. Also, as has been previously reported, the Company completed its spinout of NexTech AR Solutions Corp. in September.


CORPORATE UPDATES


FINANCING


In August 2018, the Company entered into a Secured Convertible Debenture from a fund of Yorkville Advisors Global, LP (“Yorkville”) in the Principal Amount of US$4,202,423, of which US$3,202,423 refinanced the remaining principal and accrued interest on the US$4,000,000 Convertible Debenture entered into with Yorkville in March 2018 and US$1,000,000 was paid in cash to Future Farm.


In September 2018, the Company announced an extension to its Conditional Lease Commitment with Veterans Capital Corp, a specialty finance company providing financial and leasing services (“Veterans Capital”). Veterans Capital agreed to extend to March 1, 2019 the period of time during which the Company can access its secured lease line of credit in an amount not to exceed US$500,000.00.


In November 2018, the Company entered into two Secured Convertible Debentures with Yorkville. One Debenture is in the Principal Amount of US$1,777,155, which refinanced the principal and accrued interest on the US$1,660,000 Convertible Debenture entered into with Yorkville in December 2017. The other Debenture is in the principal amount of US$1,340,00, which was paid to the Company in cash net of certain fees and expenses.


Proceeds from the private placements will be used to support the continued development of the Company’s various projects throughout North America.


CONCLUSION


Future Farm continues to forge ahead on a number of diversified activities in cannabis and agriculture. The Company is very pleased with the expansion of its portfolio over 2018 and the execution of its business divisions across North America.


The Company continues to raise capital and look for new opportunities in which to expedite growth. Future Farm thanks current and prospective shareholders for their interest and ongoing support.


For further information, contact Investor Relations at investor@FutureFarmTech.com. 


On behalf of the Board, 


Future Farm Technologies Inc. 


William Gildea, CEO & Chairman 


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. There is no guarantee that the Company will complete the Arrangement, or if completed, will be listed on a stock exchange. 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

8883873761
INVESTOR@FUTUREFARMTECH.COM

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8020 Admin

4 months

8020 Admin posted a press release Future Farm Announces Strategic Financing in Future Farm Technologies Inc.


November 13, 2018 / TheNewswire / Vancouver, British Columbia - Future Farm Technologies Inc. (the "Company" or "Future Farm") (CSE: FFT) (OTCQB: FFRMF) announces that it has closed on a new investment from a fund of Yorkville Advisors Global, LP ("Yorkville"). Proceeds from the private placement will be used to refinance a previous investment made by Yorkville and to support the continued development of the Company's various projects throughout North America.


"Yorkville continues to be a very supportive partner for our endeavors," comments William Gildea, CEO of Future Farm. "We are both committed to see our investments succeed and to expand the value of our portfolio for shareholders."


Under the terms of the financing, the Company has entered into two Secured Convertible Debentures. One Debenture is in the Principal Amount of US$1,777,155, which refinances the principal and accrued interest on the US$1,660,000 Convertible Debenture entered into with Yorkville in December 2017. The other Debenture is in the principal amount of US$1,340,00, which was paid to the Company in cash net of certain fees and expenses. The new Debentures bear annual interest at 8% and are repayable within 12 months, or convertible into Common Shares of the Company at a price of C$0.255 per share. In connection with the Debenture, the Company has also granted a Warrant Certificate to purchase 3,200,000 Common Shares at a price of C$0.34 per share. The Warrant Certificate expires on November 9, 2021.


For further information, contact Investor Relations at (888) 387-3761 ext. 710.


On behalf of the Board,


Future FarmTechnologies Inc.


William Gildea, Chairman & 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.


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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.


Copyright (c) 2018 TheNewswire - All rights reserved.



News Provided by TheNewsWire via QuoteMedia

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8020 Admin

5 months

8020 Admin posted a press release Future Farm Announces NexTech's CSE Trading Date of October 31, 2018 in Future Farm Technologies Inc.

October 30, 2018 / TheNewswire /Vancouver, British Columbia- Future Farm Technologies Inc. ("Future Farm") (CSE: FFT) (OTCQB: FFRMF) is pleased to announce that the Canadian Securities Exchange (the "CSE") has approved the listing of the common shares of NexTech AR Solutions Corp. ("NexTech" or the "Company"). NexTech's shares are expected to begin trading on the CSE on October 31, 2018 under the trading symbol "NTAR".


"NexTech's vision is to merge augmented reality, a high growth technology, with Cannabis and other industries. We have been hard at work over the past year building a team and technology platform which is focused on bringing state of the art augmented reality to the cannabis industry and other industries," says Evan Gappelberg, Chief Executive Officer of NexTech.


A listing statement describing NexTech, prepared in accordance with the policies of the CSE, will be made available on the CSE's website and on SEDAR at www.sedar.com. The information regarding NexTech in this press release is qualified in its entirety by reference to the more detailed disclosure included in the listing statement.


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 NexTech


NexTech is bringing augmented reality to the Cannabis market by turning 2D products into exciting 3D consumer experiences. NexTech is currently developing a proprietary and disruptive Augmented Reality (AR) advertising and education platform that uniquely engages by connecting brands and retailers through a fully immersive 3D AR experience called Native AR. NexTech launched its ARitize(TM) app in August 2018, which is capable of hosting many brands 3D objects and augmented reality experiences. NexTech also owns a large and diverse revenue generating App Portfolio that is deployed on the iTunes and Google plays store which it intends to ARitize(TM).


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.


 

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8020 Admin

5 months

8020 Admin posted a press release Future Farm's Puerto Rico Affiliate Positioned to Launch Significant Expansion of Clinica Verde, the Island's Preeminent Provider of Medical Cannabis in Future Farm Technologies Inc.

Vancouver, British Columbia, Oct. 25, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is pleased to announce that its Puerto Rico subsidiary, FFPR, LLC (“FFPR”), which Future Farm owns jointly with TCG Investments, LLC (“TCG”), owner of the Clinica Verde brand, is preparing to launch three new Clinica Verde dispensaries in dense highly trafficked areas of Puerto Rico early in the new year, with two additional locations planned in the following months. TCG already has five Clinica Verde dispensaries in successful operation. Those dispensaries have served more than 6,000 of the nearly 36,000 medical marijuana patients currently registered in Puerto Rico.


The addition of the new dispensaries owned by FFPR is expected to add significantly to Clinica Verde’s prominent position in the rapidly growing market for medical cannabis in Puerto Rico. With increasing patient demand in Puerto Rico and evolving cannabis regulations throughout the Caribbean, Clinica Verde is well positioned to execute its end goal of twelve dispensary locations planned for the island’s most populated and desirable retail corridors. As described above, Future Farm and Clinica Verde have partnered on five of the twelve planned locations.


As of September 2018, about 36,000 patients were signed up for the Puerto Rico medical marijuana program. This is more than double the 12,000 registered patients accounted for in 2017. According to the Secretary of Health of Puerto Rico, patients are joining the program at the rate of approximately 500 per week.


To help facilitate access to medical cannabis and direct tourism dollars toward responsible and safe cannabis use on the island, Clinica Verde and FFPR are also working with IslandMedPR, an online patient certification provider. Interested patients living in or traveling to Puerto Rico may use code CVERDE to save 20% off their standard registration fees. 


“Puerto Rico is a gateway to the Caribbean, where there is an on-going dialogue about reforming laws relating to cannabis,” says William Gildea, CEO of Future Farm. “Future Farm is proud to be a leader in creating access for patients, and to work with Clinica Verde and IslandMedPR to create comfortable and welcoming facilities in the highest trafficked areas of the island.” This effort has particular relevance because The Caribbean Community, an organization comprised of 19 Caribbean heads of state known as CARICOM, recently published a report about the possible reform to the legal regimes regulating cannabis/marijuana in CARICOM countries in order to achieve real and lasting social, economic and healthcare reform.


Future Farm also announces a correction to its September 21, 2018 release regarding the grant of incentive stock options to certain directors, officers, employees and consultants. A total of 4,625,000 stock options were granted on September 21, 2018 at an exercise price of $0.395 CAD per share. 


For further information, contact Investor Relations at investor@futurefarmtech.com or (888) 387-3761 x710.


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

8883873761
INVESTOR@FUTUREFARMTECH.COM

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8020 Admin

5 months

8020 Admin posted a press release Future Farm's Commitment to Non-GMO Cannabis in Future Farm Technologies Inc.

Vancouver, British Columbia, Oct. 17, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is pleased to announce its commitment to socially responsible, non-GMO cultivation of the cannabis plant. It plans to implement this commitment by deepening its relationship with Rahan Meristem Ltd., a world renown global agro-biotechnology company incorporated in the State of Israel with more than 250 employees in five locations and over 40 years of experience in plant propagation and breeding (“Rahan”).


A key objective of the expanded work with Rahan is the creation of elite plant strains by in vitro mutagenesis, a proprietary technology developed, proven and patent protected by Rahan. The elite strains will be chosen based on their effectiveness for a variety of commercially valuable applications. For example, Future Farm’s new affiliate in St. John’s, Newfoundland, CEPG Consulting and Design Inc., is in discussions to develop a cannabis-infused bottled water product that would benefit from using one of the elite strains under development.


The Rahan methodology is, Future Farm believes, a superior alternative to the genetic modification of the cannabis plant proposed by multinational agribusiness companies like Monsanto.


The multidisciplinary work being done with Rahan combines state of the art technologies in the fields of cell culture, molecular genetics, analytical chemistry, phenomic tools, and computation technology, all in combination with sophisticated controlled environment agronomy. “We have gathered a highly motivated group of domain experts from a variety of professional backgrounds to reach our goals as quickly as possible,” says Dr. Eli Khayat, Rahan’s Scientific Director.


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.


About Rahan Meristem Ltd.


Rahan Meristem is an agro-biotechnology company with more than 30 years of experience in plant propagation and breeding. We produce millions of plants every year and export to more than 20 countries around the world.


We are a privately-owned company headquartered in Rosh Hanikra, Israel, with additional production facilities in Colombia, the Philippines and Ecuador, and a distribution center in Costa Rica.


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

8883873761
INVESTOR@FUTUREFARMTECH.COM

!
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8020 Admin

5 months

8020 Admin posted a press release Tilray Alumni Leading Future Farm into its Next Operational Phase in Future Farm Technologies Inc.

October 10, 2018 / TheNewswire / Vancouver, British Columbia- Tilray alumni Phyllis Vena and Christopher Lesh have their sights set on replicating Tilray's success for Future Farm Technologies Inc. (the "Company" or "Future Farm") (CSE: Future Farm) (OTCQB: FFRMF) as Future Farm moves its diverse portfolio of business units from the developmental to operational phase. With harvest under way in Maine, revenue and profit increasing in Florida, dispensaries soon to open in Puerto Rico, and a rapidly expanding portfolio throughout North America, Phyllis and Chris are overseeing logistics planning and execution for all aspects of the Company's business.


Connecting multi-phased business units requires cutting-edge solutions. Phyllis is addressing this requirement with best-in-class techniques to complement Future Farm's research and development and cultivation capabilities. Before joining Future Farm, Phyllis worked for Privateer Holdings, which launched and operated Tilray until its 2018 IPO. Among her achievements while working at Tilray were the creation and implementation of the company's pricing framework, strain-level sales forecasting and inventory and production plans for Tilray Canada. Phyllis also set strategic plans for Tilray Global, the company's international export initiative, helping Tilray to become the first GMP-certified cannabis producer in North America in 2016, which enabled international distribution.


From a grower's perspective, there is no cultivation DNA in the Tilray stable without Chris' fingerprints on it. Chris was one of Tilray's first head growers and oversaw every phase of grow operations from facility design to construction, environmental controls, plant profile health and tracking, staff training and coordinating production cycles. It was only after Tilray's first cultivation successes that Chris passed the torch to his successor. Today, Chris is spearheading a sophisticated cultivation strategy for Future Farm to utilize in Florida, California, Maine, Canada, Massachusetts and beyond.


At this critical time for Future Farm, success will be found in its people. "We at Future Farm know that the key to success is building a team that continually redefines the bar for success," said William Gildea, CEO of Future Farm. "We are very excited to be working with professionals like Phyllis and Chris as we expand our operating portfolio."


Phyllis and Chris' areas of deep expertise are now key parts of Future Farm as the Company continues to bring best-in-class management to its diverse portfolio of cannabis and other businesses.


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.

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