Future Farm signs lease for dispensary in Puerto Rico

Future Farm Technologies Inc. CSE: FFT

Future Farm Technologies Inc.’s Puerto Rico subsidiary has signed the first of five planned leases for its Clinica Verde branded Puerto Rico dispensaries. The company expects to sign two more leases in the next 30 days with the additional two leases to follow soon after.

The Future Farm Clinica Verde branded dispensary is located in the Condado neighborhood of San Juan, one of the island’s most highly trafficked areas.

“Now that we have identified a prime dispensary location and signed a lease, we are excited to work on the build out,” comments William Gildea, chairman and chief executive officer of Future Farm. “We look forward to providing clean cannabis to the island’s patients and generating sales.”

Future Farm continues to execute on its strategy of building a portfolio of valuable, revenue-generating assets in the fastest growing cannabis and hemp markets in North America. Mr. Gildea continues, “I look forward to building out and adding to our existing portfolio, which has grown quickly over the past year with assets in Rhode Island, Maine, California and Florida.”

About Future Farm Technologies Inc.

Future Farm is a Canadian company with projects throughout North America, including California, Florida and Maryland. The company’s business model includes developing and acquiring technologies that will position it as a leader in the evolution of controlled environment agriculture for the global production of various types of plants, with a focus on cannabis. Future Farm provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year, and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment.

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