• Daily Marijuana Observer Facebook
  • Daily Marijuana Observer Twitter
  • Daily Marijuana Observer StockTwits
  • Daily Marijuana Observer SA
  • Daily Marijuana Observer Instagram
  • Daily Marijuana Observer Youtube
  • Pinterest Social Icon
  • Daily Marijuana Observer Talk Market

Future Farm Secures Line of Credit to Expand Cannabis Extraction Business

August 15, 2017

 (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.

 

Conclusion

 

To stay up to date with important developments in the cannabis industry, be sure to subscribe to one or more of our free email newsletters. Also, don't forget to connect with The Daily Marijuana Observer on social media via Facebook, Twitter, StockTwits, and Instagram

 

D/M/O

 

Please reload

LATEST NEWS
Please reload

Please reload

DMO

© Copyright 2016-2020 Smoke Show Ventures, Inc.

RSS Feed

Disclaimer: Except for the historical information and data presented herein, matters discussed in articles on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future performance or achievements expressed or implied by such coverage. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. Before making specific investment decisions, readers should seek their own professional advice and that of their own professional financial adviser. Smoke Show Ventures, Inc. or its affiliates, which owns The Daily Marijuana Observer, may be compensated for its services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.dailymarijuanaobserver.com/legal-disclaimer/.