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The Fine Print
Spiro Sertsis, CPA, CMA
@SpiroSertsis
Future Farm Technologies (CSE: FFT; OTC: FFRMF)
- Positioned as a hemp farming and CBD business for growing, researching, developing and selling organic hemp and CBD oil
- Own three farms/properties:
1) Amity, ME (Hemp Farm)
i. 120-acre industrial hemp farm in Amity, ME
ii. 1,700 plants are expected to be harvested per acre, which translates into 10-kilos of CBD distillate per acre $90,000 per acre in revenue, or on 120-acres a projected annual revenue of $10,800,000.
2) Hersey, ME (Hemp Farm)
i. 220-acres of farmland (with an option for another 1,000-acres) to grow and process organic hemp.
3) Belfast, ME (CBD Hemp Cultivation & Processing into CBD Oil)
i. 12,960 sq. ft. of space in a 60,000 sq. ft. building, with an option to expand or buy the building.