Health Canada Issues Industrial Hemp License to CEPG, Future Farm’s Canadian Subsidiary
13 Agosto 2019 - 9:00AM
via NEWMEDIAWIRE -- Future Farm Technologies Inc. (the “Company” or
“Future Farm”) (
CSE: FFT) (
OTCQB: FFRMF) is pleased
to announce that its Canadian subsidiary, CEPG Consulting and
Design Inc. (“CEPG”), has been issued an Industrial Hemp License
from Health Canada.
As previously announced in April, the Company hired consultant
Gary Harnum to assist with several license applications to Health
Canada. This particular license, in combination with a building
permit previously issued by the City of St. John’s, Newfoundland,
allows CEPG to move forward with the construction of its planned
hemp research facility at 148 East White Hills
Road.
Another license application has been submitted to Health Canada
as part of a potential collaboration between CEPG, Rahan Meristem
(1998) LTD (“Rahan”) and The Memorial University of Newfoundland
(“MUN”) to develop a research program for the characterization of
elite Cannabis clones.
“I am excited to get started on our long-anticipated hemp
breeding program,” comments Chris Snellen, president and CEO of
CEPG. “This License is one more step in the right direction, and we
anticipate others to follow in the near future thanks in large part
to the hard work and dedication of Mr. Harnum.”
For further information about Future Farm Technologies, contact
Investor Relations at investor@futurefarmtech.com or (888) 387-3761
ext. 710.
On behalf of the Board,
Future Farm Technologies Inc.
William Gildea, CEO
About Future Farm Technologies Inc.
Future Farm Technologies is a Canadian public company that is
poised to be a leading supplier of hemp-derived CBD products to
meet the burgeoning demand in the U.S. and global markets. The
Company’s current key initiatives are the cultivation and
processing of its hemp crop growing in Maine, the pursuit of other
hemp-related opportunities throughout the U.S. and the development
of elite strains of cannabis in Canada.
Future Farm’s seasoned management team brings a deep
understanding of operations and agriculture with the financial and
regulatory expertise needed to become an industry leader in the
evolving market for CBD and related compounds.
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.
Investor Relations
888-387-3761 x10
investor@futurefarmtech.com
Future Farm Technologies (CSE:FFT)
Gráfico Histórico do Ativo
De Dez 2024 até Jan 2025
Future Farm Technologies (CSE:FFT)
Gráfico Histórico do Ativo
De Jan 2024 até Jan 2025