Video Shows Activity Surrounding Transplantation of the Plants
Vancouver, British Columbia, June 20, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is pleased to provide an update to last week’s announcement that it has begun transplanting its young Cherry Wine hemp plants from the Belfast, Maine propagation facility into the field at its Hersey, Maine farm.
With nearly 50% of the field already sown, Future Farm is running at peak efficiency and outpacing last year’s preparations. Watch here for a look at all the action on Future Farm Maine’s hemp farm: https://youtu.be/sFzRhPdgf24
The Company expects to have approximately 200,000 healthy plants completely transplanted into the fertile ground by June 25th. This will allow for ample light hours, carefully calculated to develop CBD and flowering. Future Farm has provided over 15 full-time jobs to craftsmen and residents from the rural surroundings of its farm, adding to the economic viability to the area.
Future Farm is also pleased to announce that representatives of the Company attended The Hemp Industry Daily Conference in New Orleans, Louisiana last week with the goal of developing a robust sales pipeline to ensure that its 2019 harvest will make its way to market in the shortest time possible. The Company anticipates harvest should occur late summer or early fall.
"Our success would not be possible without the support of government officials, local employees and the fine craftsmen and women of Maine,” says George Groccia, Future Farm’s Project and Operations Manager. “I'm impressed with how efficiently the entire team is running. We've got some healthy plants that will make for valuable and important CBD coming out of the northeast hemp-for-wellness market."
For further information, contact William Gildea, Director, at (888) 387-3761.
https://futurefarmtech.com/?p=870
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.