Canadian firm to grow for CBD in USA

Future Farm Technologies (FFT)

Canadian firm Future Farm Technologies (FFT) said it looks to lease 1,000 acres of land in the state of Maine for a planned industrial hemp operation that will produce CBD. The company recently purchased 120 acres in the state and picked up a first lease for an additional 100, according to a recent statement. FFT said it will follow organic farming guidelines under the Maine Organic Farmers and Gardeners Association.

The Company also said it will set up a hemp cloning operation based on its vertical farming technology to supply more than 200,000 clones to the farm in 2018. The hemp clones will be grown under the company’s Scorpion LED grow lights.

Organic hemp and CBD oil

“This lease agreement positions us in the hemp farming and CBD business for growing, researching, developing and selling organic hemp and CBD oil, “ said FFT CEO Bill Gildea. If realized in full, the operation would be Maine’s biggest hemp enterprise, according to the Portland Press Herald newspaper.

Vancouver-based FFT, which has enterprises in California, Florida and Maryland, has mainly been focused on developing and acquiring technologies for indoor farming, primarily of cannabis. The company makes indoor growing systems it says utilize minimal land, water and energy regardless of climate or planting cycle.