Future Farm Names Tom Barrette New President and COO
21 Enero 2020 - 7:00AM
via NEWMEDIAWIRE -- Future Farm Technologies Inc. (the “Company” or
“Future Farm”) (
CSE: FFT) (
OTCQB:
FFRMF) is pleased to announce that Tom Barrette, an
accomplished attorney and business executive who was recently
elected to serve as a Director of Future Farm, will now also be the
President and Chief Operating Officer of the Company.
Over the past year, Mr. Barrette has devoted a large part of his
time advising Future Farm on all aspects of its business,
especially with respect to the Company’s new focus on pharma
quality manufacturing of health and wellness products, including
those made from hemp.
“Tom has worked closely with me to identify that
the best opportunity to create value for the shareholders of Future
Farm is the production of plant-based health and wellness products,
including those which feature hemp-derived compounds,” says Bill
Gildea, Future Farm’s CEO. “We will continue to work together to
make 2020 a great year for Future Farm.”
“Future Farm’s decision to grow hemp in Maine in
2018 and 2019 led us to analyze deeply the market for the
sophisticated production of plant-based health and wellness
products,” comments Mr. Barrette. “The quality of that market with
respect to both profitability and growth is outstanding. In the
short term, we will use the hemp biomass from our 2019 harvest to
produce products in collaboration with first-rate advanced
manufacturers. But our real goal in 2020 is to acquire one or more
operating manufacturing companies to quickly increase our share of
that market.”
Future Farm has also made a renewed commitment to
shareholder communication by retaining leading investor relations
firm Renmark Financial Communications. Investors and members
of the media seeking more information about the exciting strategic
direction of Future Farm, or any other aspect of its business,
should contact Renmark as follows:
Renmark Financial Communications
Inc.
Investor Relations - Daniel
Gordon: dgordon@renmarkfinancial.com
Media - D. Elizabeth (Liz)
Culley-Sullo: dculley-sullo@renmarkfinancial.com
Tel: (416) 644-2020 or (212) 812-7680
www.renmarkfinancial.com
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 pharma-grade
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 brings a
deep understanding of operations and agriculture 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.
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.
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