Technologies Inc (OTCMKTS:FFRMF) revealed a few days ago that it has already
started transplanting its Cherry Wine young hemp plants as part of the next
stage of producing hemp rich in CBD.
The transplantation process will shift the Cherry Wine hemp
seedlings from the propagation facility located in Belfast, Maine to the
growing fields at Future Farm Technologies’ Hersey, Maine farm. The company has
already sown the seedlings on half of its growing space. The firm is currently
running at full capacity and is already performing well-beyond the preparations
that it made in 2018.
Future Farm Technologies’ transplant target by June 25 was
roughly 200,000 plants. The timeline will allow the plans to receive maximum
sunlight hours for optimal flowering and CBD development. The company is also
offering benefits to the communities that live around its farm by providing
full-time employment. So far it has employed 15 individuals on a full-time
“Our success would not be possible without the support
of government officials, local employees and the fine craftsmen and women of
Maine,” stated Future
Firm’s Projects and Operations Manager George Groccia.
Future Farms is
pleased with worker efficiency and production timeline
Groccia also noted that he was impressed by the efficiency
that the team of workers has been demonstrating. Judging by current
observations, the company has healthy plans that will provide value through
CBD-rich production. Its production particularly targets the hemp-for-wellness
market in the northeast region.
Future Farms also revealed that its representatives were
present at the Hemp Industry Daily Conference which was held in New Orleans,
Louisiana a few days ago. Their attendance at the event was aimed at promoting
the company in line with the development of a strong sales pipeline. These
plans and actions have been made to make sure that the 2019 harvests reach the
market as fast as possible.
The company expects a strong harvest towards the end of the
summer season and the early days of autumn. It is also optimistic about the
market especially now that hemp and CBD products are gaining popularity, which
means that the demand for CBD-based products is rapidly growing.