Marijuana stocks have been under pressure and many investors are looking for new opportunities…
Over the last few years, we have been successful when it comes to finding undervalued marijuana stocks with significant upside potential.
Today, we have identified one of these opportunities and believe that is one that needs to be watched.
Future Farm (FFT.CN) (FFRMF: OTCQB): A Stock to Watch
During the last quarter, Future Farm Technologies (FFT.CN) (FFRMF: OTCQB) has seen its stock price fall by 50% and we think the shares are poised to bounce higher after announcing a major milestone earlier today.
Today, Future Farm released a video of its extraction facility in California. The facility is focused on producing high-grade cannabis oil which can be used to create a variety of unique cannabis products.
Executing on a High-Growth Opportunity
We believe that Future Farm is a stock to watch as the company has continued to execute on its initiatives, strengthen its balance sheet and expand into the California cannabis market.
Although Future Farm has continued to execute on its business initiatives, the stock has been under pressure. We expect this trend to change and change quick.
The company is focused on producing high-quality cannabis concentrates and has made significant investments into this division. Future Farm utilizes state-of-the-art extraction equipment that is designed to rapidly produce premium cannabis oil. The equipment utilizes a closed-loop system to produce high quality oil in a high throughput system with minimal maintenance and labor.
Update on Land Acquisitions
As previously announced, Future Farm completed the acquisition of a 15-acre property in Redland, Florida.
The company continues to work on completing its second property acquisition in Florida, a 10-acre operating greenhouse in Apopka. Both properties are in counties that are designated to legally cultivate, process and dispense cannabis.
Future Farm also continues to make progress in North Kingstown, Rhode Island and has further expanded its cultivation capacity.
In March, Future Farm’s subsidiary, FFM Consulting Services entered into a management agreement to cultivate cannabis with a company in Riverside County, California. The cultivation facility will supply the extraction plant where it will be processed into concentrates.
Future Farm sees cannabis oils and concentrates as the future and its subsidiary purchased an extraction machine to produce cannabis oil and purified distillate.
Cannabis concentrates and edibles are the fastest growing segments of the cannabis industry and the market is booming because they are used to make edibles, topical ointments, capsules and other packaged products that require high quality oils from professional extraction methods.
Attractive Leverage to the U.S. Marijuana Market
We are favorable on this update as it provides visibility into Future Farm’s operations and we expect the shares to surge off its recent lows. The company has continued to execute and is focused on creating value for its shareholders.
Investors looking for leverage to the booming California cannabis market and the up-and-coming Florida market should look at Future Farm.
Pursuant to an agreement between MAPH and FUTURE FARMS (FFRMF), we were hired for a period of 90 days 6/1/17 through 8/31/17 to publicly disseminate information about (FFRMF) including on the Website and other media including Facebook and Twitter. We are being paid $75,000 (CASH) and have previously been paid $37,500.00 & “1 MILLION” shares of restricted common shares. We own zero shares of (FFRMF), which we purchased in the open market. We may buy or sell additional shares of (FFRMF) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. FULL DISCLAIMER