(Photo Credit - Coaster420)
Future Farm Technologies Inc. (CSE:FFT) (OTC:FFRMF) announced today that it has entered into a "Conditional Lease Commitment" with Veteran's Capital Corp. Veteran's Capital is a specialty finance company providing financial and leasing services to various business clients. Veteran's Capital agreed to provide Future Farm with a secured lease line of credit in an amount not to exceed $500,000. The lease will be secured by Future Farm's cannabis extraction equipment.
Related: Future Farm Provides Update on California Operations
William Gildea, CEO of Future Farm commented that "Veterans' line of credit will provide Future Farm with access to capital that will help to expand our cannabis extraction business."
Upcoming Conference Call
In addition to the new line of credit, Future Farm also announced that a conference call for shareholders will be held at 10:00 AM ET on Tuesday, September 19, 2017. Dial-in information is not yet available, but we'll update readers when it is announced.
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