Feb 06, 2018
OTC Disclosure & News Service
VANCOUVER, BC, Feb. 06, 2018 (GLOBE NEWSWIRE) — Kush Bottles (OTCQB: KSHB) a leading provider of packaging, supplies, vaporizers, accessories and branding solutions for the regulated cannabis industry, today announced it was selected by Future Farm Technologies Inc. (“Future Farm”) (CSE: FFT) (OTCQB: FFRMF) to develop a suite of customized packaging and comprehensive compliance solutions to support its expansion into new territories.
Future Farm is rapidly expanding its footprint in the cannabis and hemp sectors nationwide, with a focus on California, Massachusetts, Maine, Florida and Puerto Rico. Kush Bottles will support Future Farm’s expansion and offer branded packaging solutions to ensure Future Farm maintains compliance with state-level regulations at all times.
“As we move forward with our plans to develop a diversified portfolio of cannabis investments in several states, it is important that we stay on the right side of state laws at all times, while also building strong brands as we penetrate these markets for the first time,” comments Mr. William Gildea, CEO and Chairman of Future Farms. “Kush Bottles offers a comprehensive suite of high quality cannabis packaging, branding and compliance solutions all under one roof, and has a strong track record of working with fast-growing cannabis companies, making them the right partner for us as we implement our strategy to scale the business.”
“We are very excited to work with an innovative company like Future Farm Technologies,” Mr. Nick Kovacevich, CEO of Kush Bottles, comments. “Our business strategy is to participate in the growth of the emerging legal cannabis sector by partnering with leading players at every stage in the cannabis supply chain – from seed to sale. Our in-depth knowledge of local laws in every U.S. state makes us well-positioned to work with companies such as Future Farms that are looking to grow their business in more than one jurisdiction. We are excited by this opportunity to help the company grow its brands while staying compliant with state laws and regulations as it enters this exciting stage in its growth.”
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This press release may include predictions, estimates or other information that might be considered forward-looking within the meaning of applicable securities laws. While these forward-looking statements represent our current judgments, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect our opinions only as of the date of this release. Please keep in mind that we are not obligating ourselves to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. When used herein, words such as: “potential,” “look forward,” “believe,” “dedicated,” “building,” or variations of such words and similar expressions are intended to identify forward-looking statements. Factors that could cause actual results to differ materially from those contemplated in any forward-looking statements made by us herein are often discussed in filings we make with the United States Securities and Exchange Commission (SEC), available at: www.sec.gov, and on our website, at: www.kushbottles.com.
About Kush Bottles
Kush Bottles, Inc. (OTCQB: KSHB) is a dynamic sales platform that provides unique products and services for both businesses and consumers in the cannabis industry. Founded in 2010 as a packaging and supplies company for dispensaries and growers, Kush Bottles has sold more than 100 million units and now regularly services more than 5,000 legally operated medical and adult-use dispensaries, growers, and producers across North America, South America, and Europe. The company has facilities in the three largest U.S. cannabis markets and a local sales presence in every major U.S. cannabis market.
Kush Bottles aims to be the gold standard for responsible and compliant products and services in the cannabis industry. Kush Bottles has no direct involvement with the cannabis plant or any products that contain THC.
The company has been featured in media nationwide, including CNBC, Los Angeles Times, TheStreet.com, Entrepreneur, and business magazine Inc.
For more information, visit www.kushbottles.com or call (888)-920-5874.
About Future Farm
Future Farm Technologies Inc. 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 (CEA) 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. The Company holds an exclusive, worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generates yields up to 10 times greater per square foot of land. The contained system provides many other benefits including 90% less water, fertilizer and land used, less travel costs, seed to sale security, scalability, consistency due to year-round production, cost control, product safety and purity by eliminating environmental variability. The Company also utilizes a leading cannabis oil extraction technology, which enables the Company to process 20lbs/hour of cannabis plant to yield approximately 908 grams/hour of oil.
The Company is also in the business of designing and distributing LED lighting solutions utilizing the COB and MCOB technology. The Company is focused on delivering cost efficient lighting to North America via advanced e-commerce sites the Company owns and operates. LEDCanada.com, which caters to B2B customers, is a supplier of the newest and highest demand LED solutions. The Company also owns and operates COBGrowlights.com, which caters to both large and small agriculture green houses and controlled cultivation centers.
The Company recently acquired the exclusive right to use a patented, augmented reality (AR) technology in the cannabis industry. As described in more detail above, the Company has decided to spin this asset off to its shareholders.
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. The Canadian Securities Exchange has not in any way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.
Future Farm Technologies, Inc.
William Gildea, CEO & Chairman
Future Farm Technologies, Inc.