Business
Future Farm's Florida Subsidiary Prepares for Cultivation With New Hire
Future Farm's Florida Subsidiary Prepares for Cultivation With New Hire.
About this update from Future Farm Technologies Inc
[{"type":"text","content":"\n\n\n\nFuture Farm's Florida Subsidiary Prepares for Cultivation With New Hire\n\n\n\n\n\nFuture Farm's Florida Subsidiary Prepares for Cultivation With New Hire\nPR Newswire\nVANCOUVER, British Columbia, August 21, 2018\n\n\n\nVANCOUVER, British Columbia, August 21, 2018 /PRNewswire/ --\n\nFuture Farm Technologies Inc. (the \"Company\" or \"Future Farm\") (CSE: FFT)(CSE: FFT.CN)(OTCQX: FFRMF) announces that its Florida subsidiary, White Sand Nurseries (\"WSN\") has hired Jose Sikaffy as Director of Cultivation in preparation for entering the Florida medical cannabis business. Mr. Sikaffy graduated from Valencia College in Orlando and holds a degree in plant science and agriculture technology. He was most recently employed as Cultivation Director of Remeny/Tredwell Nursery, a Florida licensed medical cannabis facility in Eustis.\n\n\"Mr. Sikaffy has a proven track record of successfully growing cannabis in Florida's unique climate, and we are excited to have him on our team as we prepare our Florida cannabis application and facility plans,\" said William Gildea, CEO of Future Farm. \"His knowledge and use of the latest agriculture technology fits with Future Farm's vision, and we share a commitment to producing the highest quality medical cannabis for Florida patients.\"\n\nIn January 2018, the Company acquired WSN to position itself in the fast-growing Florida cannabis market, which is expected to be the second largest market after California, with more than 100,000 registered medical cannabis patients and projected annual sales of US$1.6 billion in 2020, according to the Arcview Group. The WSN greenhouse fits the state's stringent criteria and designated zoning to legally cultivate, process, and dispense cannabis.\n\nThe Company continues to operate the WSN greenhouse in full production while it applies for a cannabis cultivation license from the State of Florida. Pending license approval, the Company plans to upgrade the existing facility in preparation for cannabis production. The Company is also exploring the possibility of growing hemp on farmland acquired as part of the WSN transaction.\n\nOn behalf of the Board,\n\nFuture Farm Technologies Inc.   \n\nWilliam Gildea, Chairman & CEO\n\nAbout Future Farm Technologies Inc.   \n\nFuture Farm is a Canadian company with holdings throughout North America...