Future Farm Technologies Inc.(CSE: FFT) (OTCQB: FFRMF) and TCG Investments, LLC. announced a new joint venture between the two parties.
TCG Investments, LLC, headquartered in San Juan, Puerto Rico, are the owners of Clinica Verde, a brand of medical cannabis dispensaries. All Clinica Verde dispensaries have distinguished themselves with their modern design and personalized service. They feature medical cannabis products from all major licensed medical cannabis manufacturers in Puerto Rico at this time.
TCG Investments, LLC & Clinica Verde
They currently have 5 Clinic Verde locations, in the following cities in Puerto Rico: Caguas, San Juan, and Humacao.
Each of the facilities has been designed to ensure privacy and comfort for patients who are authorized by the Health Department to use medicinal cannabis. This includes a reception area, an area to choose your medicine as well as additional private areas where patients can sit down with trained professionals.
One of the locations was a 4,000 square-foot property that provides a variety of six different cannabis-related products, showcasing the most significant range available so far on the market. This property entailed an investment of over 1.5 million dollars.
About Future Farm
Future Farms is a Canadian company that focuses on developing and acquiring technologies that will position themselves as a leader in the evolution of Controlled Environment Agriculture (CEA) for the global production of various types of plants, however focusing more on cannabis. They currently have projects throughout North America in California, Florida, and Maryland.
Future Farms has a scalable, indoor CEA system that utilizes minimal energy, land, and water regardless of climate, location or even time of year. The company holds an exclusive, worldwide license to use a patented vertical farming technology that generates yields ten times greater per square foot of land.
The system also allows the ability to use 90% less fertilizer, water, and land use. When looking at the technology they use for cannabis oil extraction methods, they can process about 20lbs/hour of the cannabis plant to yield approximately 908 grams/hour of oil.
This partnership means that Future Farm will purchase five pre-qualifications for medical dispensary licenses from Clinica Verde. Under this joint venture, TCG will operate ten medical cannabis dispensaries in Puerto Rico by mid-2018.
To learn more about Clinica Verde, visit http://www.clinicaverdepr.com/
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