Business
Future Farm Maine Receives Industrial Hemp Licenses for 2019
Future Farm Maine Receives Industrial Hemp Licenses for 2019.
About this update from Future Farm Technologies Inc
[{"type":"text","content":"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, Maine farms 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 [email protected] or (888) 387-3761 ext. 710.On behalf of the Board,Future Farm Technologies Inc.William Gildea, CEOAbout 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 existi...