VANCOUVER, BRITISH COLUMBIA, Sept. 25, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is on track to begin harvest operations in mid-October at its hemp farms in Hersey and Amity, Maine. With robust plant health and an enterprise-wide commitment to maintaining the Hersey farm’s organic certification, the Company has purchased new equipment and is in the process of obtaining new drying and curing facilities in anticipation of its inaugural harvest. In addition, three-and-a-half acres of Future Farm’s land in Amity are dedicated to the cultivation of feminized, high-CBD seeds of the Cherry Wine varietal.
“We are proud to report that our Hersey farm is healthy and one of the largest operating hemp farms in Maine; we are also very happy with the potential represented by the feminized seeds we expect to harvest in Amity,” said William Gildea, CEO of Future Farm. “Our team’s focus and commitment to high standards have us on track for our first harvest in mid-October.”
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.