NEW YORK, NY, Feb. 20, 2018 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Future Farm Technologies Inc. (CSE: FFT; OTCQX: FFRMF), a company that is developing and acquiring technologies in Controlled Environment Agriculture (CEA) for the global production of various types of plants, has qualified to trade on the OTCQX® Best Market. Future Farm Technologies upgraded to OTCQX from the OTCQB® Venture Market.
Future Farm Technologies begins trading today on OTCQX under the symbol “FFRMF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"Congratulations to Future Farm Technologies on graduating from our OTCQB Venture Market to trade on our OTCQX Best Market," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "Future Farm Technologies joins the increasing number of Canadian companies choosing to cross-trade their shares in the U.S. on OTCQX, leveraging the market to provide easier access for U.S. investors to trade their shares."
“Upgrading to OTCQX Best Market has been planned as part of our corporate strategy for some time,” says Mr. William Gildea, Future Farm Technologies, Inc.’s CEO and Chairman. “We are confident that the wider visibility amongst the investment community will strengthen stockholder value and enable us to continue on the path of accomplishing our corporate goals.”
Future Farm Technologies was sponsored for OTCQX by Aegis Capital Corp, a qualified third-party firm responsible for providing guidance on OTCQX requirements and recommending membership.
Future Farm Technologies Inc.
Future Farm Technologies Inc. is a Canadian company with projects throughout North America including California, Florida and Maryland. The Company’s business model includes developing and acquiring technologies that will position it as a leader in the evolution of Controlled Environment Agriculture (CEA) for the global production of various types of plants, with a focus on cannabis. Future Farm provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment. 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. The contained system provides many other benefits including 90% less water, fertilizer and land used, less travel costs, seed to sale security, scalability, consistency due to year-round production, cost control, product safety and purity by eliminating environmental variability. The Company also utilizes a leading cannabis oil extraction technology, which enables the Company to process 20lbs/hour of cannabis plant to yield approximately 908 grams/hour of oil.
The Company is also in the business of designing and distributing LED lighting solutions utilizing the COB and MCOB technology. The Company is focused on delivering cost efficient lighting to North America via advanced e-commerce sites the Company owns and operates. LEDCanada.com, which caters to B2B customers, is a supplier of the newest and highest demand LED solutions. The Company also owns and operates COBGrowlights.com, which caters to both large and small agriculture green houses and controlled cultivation centers.
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