Future Farm Technologies Inc. (FFRMF)

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Tilray Alumni Leading Future Farm Into Its Next Operational Phase

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https://globenewswire.com/news-release/2018/10/10/1619166/0/en/Tilray-Alumni-Leading-Future-Farm-Into-Its-Next-Operational-Phase.html

October 10, 2018 08:00 ET | Source: Future Farm Technologies Inc.

Vancouver, British Columbia, Oct. 10, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Tilray alumni Phyllis Vena and Christopher Lesh have their sights set on replicating Tilray’s success for Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: Future Farm) (OTCQB: FFRMF) as Future Farm moves its diverse portfolio of business units from the developmental to operational phase. With harvest under way in Maine, revenue and profit increasing in Florida, dispensaries soon to open in Puerto Rico, and a rapidly expanding portfolio throughout North America, Phyllis and Chris are overseeing logistics planning and execution for all aspects of the Company’s business.

Connecting multi-phased business units requires cutting-edge solutions. Phyllis is addressing this requirement with best-in-class techniques to complement Future Farm’s research and development and cultivation capabilities. Before joining Future Farm, Phyllis worked for Privateer Holdings, which launched and operated Tilray until its 2018 IPO. Among her achievements while working at Tilray were the creation and implementation of the company’s pricing framework, strain-level sales forecasting and inventory and production plans for Tilray Canada. Phyllis also set strategic plans for Tilray Global, the company’s international export initiative, helping Tilray to become the first GMP-certified cannabis producer in North America in 2016, which enabled international distribution.

From a grower’s perspective, there is no cultivation DNA in the Tilray stable without Chris’ fingerprints on it. Chris was one of Tilray’s first head growers and oversaw every phase of grow operations from facility design to construction, environmental controls, plant profile health and tracking, staff training and coordinating production cycles. It was only after Tilray’s first cultivation successes that Chris passed the torch to his successor. Today, Chris is spearheading a sophisticated cultivation strategy for Future Farm to utilize in Florida, California, Maine, Canada, Massachusetts and beyond.

At this critical time for Future Farm, success will be found in its people. “We at Future Farm know that the key to success is building a team that continually redefines the bar for success,” said William Gildea, CEO of Future Farm. “We are very excited to be working with professionals like Phyllis and Chris as we expand our operating portfolio.”

Phyllis and Chris’ areas of deep expertise are now key parts of Future Farm as the Company continues to bring best-in-class management to its diverse portfolio of cannabis and other businesses.

For further information, contact Investor Relations at [e-mail] or [phone] Ext. 710.

On behalf of the Board,

Future Farm Technologies Inc.

William Gildea, Chairman and CEO