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Future Farm and Rahan Meristem Form JV to Breed and Propagate Elite Clones of Cannabis and Secures $440,000 Investment
Future Farm and Rahan Meristem Form JV to Breed and Propagate Elite Clones of Cannabis and Secures $440,000 Investment.
About this update from Future Farm Technologies Inc
[{"type":"text","content":"\n\n\n\nFuture Farm and Rahan Meristem Form JV to Breed and Propagate Elite Clones of Cannabis and Secures $440,000 Investment\n\n\n\n\n\nFuture Farm and Rahan Meristem Form JV to Breed and Propagate Elite Clones of Cannabis and Secures $440,000 Investment\nPR Newswire\nVANCOUVER, British Columbia, November 16, 2017\n\n\n\nVANCOUVER, British Columbia, November 16, 2017 /PRNewswire/ --\n\nFuture Farm Technologies Inc. (the \"Company\" or \"Future Farm\") (CSE: FFT)(CSE: FFT.CN)(OTCQB: FFRMF) is pleased to announce a new 50/50 joint venture (the \"JV\") between Future Farm and 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\"). Rahan operates four high-end laboratories in Israel, Latin America and Far East for in-vitro plant propagation, able to produce more than 20 million plants every year. Rahan also provides a variety of laboratory and agro-technical services to growers, technology companies and academic institutes and is currently doing business with over 20 countries. The joint venture will develop, own and utilize Rahan's proven and proprietary technology to mass-produce elite clones of cannabis and hemp plants, which will be sold for medical purposes.\n\n\"We are pleased with the opportunity to work with Future Farm,\" says Ron Diner, CEO of Rahan. \"We look forward to combining our technology and know-how with Future Farm's experience in cultivating cannabis to produce elite clones for use in the booming medical marijuana market.\" \n\nClones are tissue cultured produced plants that are genetically identical to the plant from which they were taken. Rahan has mastered their breeding process over a 40-year span, working with many global plant breeders to create the next-generation of plants that are sterile and resistant to diseases. Through elite cloning, one may create a new harvest with exact replicas of the best performing plants. Future Farm and Rahan intend to create varieties of cannabis with higher levels of THC and CBD, using Rahan's proprietary technology of non-GMO, in-vitro mutagenesis.\n\nLink To Rahan's Website: Rahan Website\n\nBecause the chemical composition of cannabis flowers is not consistent, companies in the medical...