AskMuncher
4年前
$FFRMF Future Farm And High Purity Natural Products Provide Update On Operations And Strategic Investments For Robust Growth
Press Release | 03/10/2021
Future Farm And High Purity Natural Products Provide Update On Operations And Strategic Investments For Robust Growth
PR Newswire
VANCOUVER, BC, March 10, 2021
VANCOUVER, BC, March 10, 2021 /PRNewswire/ -- Future Farm Technologies Inc. (the "Future Farm" or the "Company") (CSE: FFT) (OTC PINK: FFRMF) is pleased to provide an update on expansion for its subsidiary High Purity Natural Products (HPNP).
A rendition of High Purity's new 23000SF facility in Southbridge, MA.
On March 5, 2021, HPNP enabled significant growth opportunities by executing a lease for their new 23,000SF location.
The new, larger facility will allow HPNP to provide expanded services and products to their partners, including 3PL fulfillment, warehousing, and unprecedented manufacturing and production volume.
This expansion has been in the planning stages for quite some time," said HPNP President Mike Matton. "With these new capabilities come great opportunity for our partners and clients. It's a great feeling to know that these new opportunities enable our partners to scale their business and grow with us."
The move sets in motion a multi-phase approach that will pay dividends to HPNP's partners and FFT's shareholders.
Scalability:
Manufacturing capacity and faster order fulfillment - the larger footprint will allow for greater manufacturing capacity and rapid order fulfillment.
Increased product expansion and new SKU development
R&D capacity - with new facility comes more opportunity to develop new cutting-edge products.
3PL fulfillment services. The increased space enables HPNP to offer 3PL services to any client interested in saving on shipping and warehousing fees.
According to FFT CEO Bill Gildea, "The team here at FFT identified very early on that HPNP is poised for growth and corporate maturity. This recognition is now coming to fruition. We are expecting significant revenue increases in the year to come."
For further information, contact Investor Relations at investor@FutureFarmTech.com
On behalf of the Board,
Future Farm Technologies Inc.
William Gildea, CEO & Chairman
About Future Farm Technologies Inc. and High Purity Natural Products, LLC
Future Farm Technologies is a Canadian public company that, following its merger with High Purity Natural Products, is now a leading supplier of top-quality health and wellness products, including those made from hemp, to meet the burgeoning demand in the U.S. and global markets.
Future Farm's seasoned management team, now joined by the High Purity Natural Products management team, brings a deep understanding of manufacturing, formulation, marketing, sales, and operations with the financial and regulatory expertise needed to become a significant participant in the rapidly growing market for health and wellness products made from hemp and other plants.
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.
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. There is no guarantee that the Company will be successful in its efforts to further develop its existing hemp operations, or that the Company will be able to raise sufficient capital to execute on its intended business plan and objectives. 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.
Contact: Mike Matton, President of High Purity Natural Products, mike@highpuritynaturalproducts.com
FUTURE FARM TECHNOLOGIES INC.
Suite 501 - 543 Granville Street
Vancouver, BC V6C 1X8
www.FutureFarmTech.com
www.HighPurityNaturalProducts.com
Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/future-farm-and-high-purity-natural-products-provide-update-on-operations-and-strategic-investments-for-robust-growth-301244095.html
SOURCE Future Farm Technologies; High Purity Natural Products
AskMuncher
4年前
$FFRMF Mass CBD Manufacturer High Purity Natural Products Announces Financing Options For Wholesale Customers
Press Release | 01/21/2021
Mass CBD Manufacturer High Purity Natural Products Announces Financing Options For Wholesale Customers
PR Newswire
SOUTHBRIDGE, Mass., Jan. 21, 2021
SOUTHBRIDGE, Mass., Jan. 21, 2021 /PRNewswire/ -- High Purity Natural Products, a division of Future Farm Technologies (the "Future Farm" or the "Company") (CSE: FFT) (OTC PINK: FFRMF), is pleased to announce that they are now offering financing options to wholesale customers.
CBD Tinctures await labelling at High Purity Natural Products' Southbridge MA facility.
High Purity Natural Products has partnered with leading fintech platform Lendica Corp.
"We are incredibly excited to be able to offer financing services to clients in need of capital for growth," said Mike Matton, President of High Purity. "Customers with strong CBD and nutraceutical brands who are expanding their volumes can often use the capital to ramp up their inventory to fill larger orders or accommodate more prominent end-users."
"We started Lendica, a novel fintech credit platform, to help businesses across all high growth industries reach scale faster with short-duration capital," said Jared Shulman, CEO of Lendica. "We are thrilled to partner with High Purity Natural Products and believe their growing customer base can leverage our financing program to instantly achieve greater margins and a faster cash conversion."
Solutions for customers in a challenging growth market.
Bill Gildea, CEO of Future Farm Technologies, noted: "We recognized that the most successful brands and retailers are the ones that have rapid access to capital. When our customers can scale their orders through short term funding, they significantly improve their margins. With limited financing options available to the hemp industry, we are delighted to secure a partner like Lendica. They will be a tremendous benefit to all parties involved."
About High Purity Natural Products
Established in 2017, High Purity Natural Products is fueling the CBD industry as a leading supplier of pure, hemp-based, and nutraceutical products. The company's innovative products provide opportunities across many retail, food, beverage, and supplement-based industries.
High Purity offers contract manufacturing for numerous CBD products, including USDA Certified Organic CBD, tinctures, vegan gummies, CBD dip pouches, lotions, balms, skin-care serums, vapes, and more. They also provide bulk products to the CBD industry, such as isolate, distillate, and cutting-edge water-soluble CBG.
About Future Farm Technologies
Future Farm Technologies is a publicly-traded Canadian company that empowers high-quality natural and organic health and wellness brands globally. Future Farm's seasoned management team brings a deep understanding of operations with the financial and regulatory expertise needed to become an industry leader in the rapidly growing market for health and wellness products made from hemp and other plants.
Click here for more information about Lendica.
Click here for more information about High Purity Financing.
Contact: Mike Matton, President of High Purity Natural Products, mike@highpuritynaturalproducts.com
High Purity Natural Products, powered by Future Farms Technologies
Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/mass-cbd-manufacturer-high-purity-natural-products-announces-financing-options-for-wholesale-customers-301212684.html
SOURCE High Purity Natural Products
AskMuncher
4年前
$FFRMF Mass CBD Manufacturer High Purity Natural Products Announces Financing Options For Wholesale Customers
Press Release | 01/21/2021
Mass CBD Manufacturer High Purity Natural Products Announces Financing Options For Wholesale Customers
PR Newswire
SOUTHBRIDGE, Mass., Jan. 21, 2021
SOUTHBRIDGE, Mass., Jan. 21, 2021 /PRNewswire/ -- High Purity Natural Products, a division of Future Farm Technologies (the "Future Farm" or the "Company") (CSE: FFT) (OTC PINK: FFRMF), is pleased to announce that they are now offering financing options to wholesale customers.
CBD Tinctures await labelling at High Purity Natural Products' Southbridge MA facility.
High Purity Natural Products has partnered with leading fintech platform Lendica Corp.
"We are incredibly excited to be able to offer financing services to clients in need of capital for growth," said Mike Matton, President of High Purity. "Customers with strong CBD and nutraceutical brands who are expanding their volumes can often use the capital to ramp up their inventory to fill larger orders or accommodate more prominent end-users."
"We started Lendica, a novel fintech credit platform, to help businesses across all high growth industries reach scale faster with short-duration capital," said Jared Shulman, CEO of Lendica. "We are thrilled to partner with High Purity Natural Products and believe their growing customer base can leverage our financing program to instantly achieve greater margins and a faster cash conversion."
Solutions for customers in a challenging growth market.
Bill Gildea, CEO of Future Farm Technologies, noted: "We recognized that the most successful brands and retailers are the ones that have rapid access to capital. When our customers can scale their orders through short term funding, they significantly improve their margins. With limited financing options available to the hemp industry, we are delighted to secure a partner like Lendica. They will be a tremendous benefit to all parties involved."
About High Purity Natural Products
Established in 2017, High Purity Natural Products is fueling the CBD industry as a leading supplier of pure, hemp-based, and nutraceutical products. The company's innovative products provide opportunities across many retail, food, beverage, and supplement-based industries.
High Purity offers contract manufacturing for numerous CBD products, including USDA Certified Organic CBD, tinctures, vegan gummies, CBD dip pouches, lotions, balms, skin-care serums, vapes, and more. They also provide bulk products to the CBD industry, such as isolate, distillate, and cutting-edge water-soluble CBG.
About Future Farm Technologies
Future Farm Technologies is a publicly-traded Canadian company that empowers high-quality natural and organic health and wellness brands globally. Future Farm's seasoned management team brings a deep understanding of operations with the financial and regulatory expertise needed to become an industry leader in the rapidly growing market for health and wellness products made from hemp and other plants.
Click here for more information about Lendica.
Click here for more information about High Purity Financing.
Contact: Mike Matton, President of High Purity Natural Products, mike@highpuritynaturalproducts.com
High Purity Natural Products, powered by Future Farms Technologies
Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/mass-cbd-manufacturer-high-purity-natural-products-announces-financing-options-for-wholesale-customers-301212684.html
SOURCE High Purity Natural Products
N.C.LUCKY(7)
4年前
#FFRMF UPDATE- NEWS 8-21-20..Vancouver, British Columbia - TheNewswire - August 21, 2020 - Future Farm Technologies Inc. (“Future Farm”) (CSE:FFT) (CNSX:FFT.CN) (OTC:FFRMF) wishes to advise its valued shareholders that the management team (“Management”) is currently working diligently to finalize its audited financial statements and the related management’s discussion and analysis (“MD&A”) for the year-ended February 29, 2020. With the majority of the Company’s operations being located in the United States, COVID-19 has caused delays to the audit that are beyond Management’s control due to the ongoing border closure
Aug 19, 2020 14:17 ET
CSE Bulletin: Suspension - Future Farm Technologies Inc. (FFT)
Toronto, Ontario--(Newsfile Corp. - le 19 août/August 2020) -
https://m.canadianinsider.com/node/7?menu_tickersearch=FFT+%7C+Future+Farm+Technologies
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