Future Farm Technologies, Inc., a Vancouver based marijuana cultivator, has announced that it plans to purchase a 15,000 sq. ft. building in Providence for $750,000. The closing is set for January 15, 2018. The location of the building has not been disclosed.
According to Future Farm’s press release, the building is zoned for marijuana cultivation. Once licensed, Future Farm will use the building to grow marijuana for sale to state-licensed medical marijuana dispensaries.
Future Farm’s website discloses that the Company has 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 marijuana.