January 3, 2019 – Vancouver, British Columbia – Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is pleased to announce that its Puerto Rico subsidiary, FFPR, LLC (“FFPR”), which Future Farm owns jointly with TCG Investments, LLC (“TCG”), owner of the “Clínica Verde” brand, is preparing to launch two new dispensaries in this calendar quarter. The first dispensary will be in Condado, a premier tourist area, and the second will be on University Avenue near the University of Puerto Rico Rio Piedras, the largest university on the island.
As previously announced, FFPR will open five dispensaries on the island by 2019’s end. Construction at the University Avenue location is expected to be completed by mid-February, with the Condado location expected to be completed approximately five weeks later. Soon after completion of construction, each location will begin providing valuable healthcare alternatives to residents and tourists, with plans to expand services to include door-to-door delivery. Both locations will feature ample parking, perhaps one of the most valuable amenities for a dispensary on the island.
“We’re excited to start this next phase of our venture with the Future Farm family,” says Ramón E. Ortiz Cortés, TCG’s President. “Puerto Rico is rapidly expanding its patient base and as the industry leaders, we are ready to provide all patients reliable products at the best price all over the island.”
For further information, contact Investor Relations at [email protected] 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.
