FFRMF Website  |  Management  | Products  |  News                                       Get FinancialNewsMedia.com Alerts 

Privacy Policy

Future Farm Technologies Inc. (OTCQB: FFRMF) (CSE: FFT) - News - March 22, 2017
 

 


FUTURE FARM ACQUIRES HIGH VOLUME, STATE-OF-THE-ART CANNABIS OIL EXTRACTION EQUIPMENT



VANCOUVER, British Columbia, March 22, 2017  /PRNewswire -- Future Farm Technologies Inc. (OTCQB: FFRMF) (CSE: FFT) (the "Company" or "Future Farm")  is pleased to announce that its majority owned subsidiary, FFM Consulting Services, LLC, has purchased a state-of-the-art extraction machine for the manufacture of concentrated cannabis oil and purified distillate.

The equipment purchased is designed to rapidly manufacture premium cannabis oil to supply the growing demand for cannabis concentrates in the state of California. The equipment utilizes a closed-loop system to produce high quality oil in a high throughput system with minimal maintenance and labor. The equipment is estimated to be delivered, installed and in full production within the next 90 days.

Projected vendor recommendations and ROI:

• Load Capacity per run = 20lb
• Run Time = 1 hour (24 potential runs daily)
• Oil yield = 10% on average
• Estimated oil yield per run = 9080 grams
• Estimated wholesale price per gram = $10-$20
• Potential revenue per hour = 9080 x $10 = $9,080

"We believe this alcohol extraction machine is the best extraction equipment on the market today, which allows us to be able to process large amounts of cannabis flower into highly pure concentrates from day one,” says Bill Gildea, CEO of Future Farm. “This equipment will immediately allow for high-volume and highly pure extraction production. With this purchase, Future Farm is now formalizing the marketing plan to include its own brand, as well as offering contract manufacturer services for other brands and cultivators across the state of California.”

Cannabis concentrates and edibles are the largest and fastest growing segments of the cannabis market, which many experts believe will overtake cannabis whole flower sales by 2020. The market for cannabis concentrates is booming because they are used to make edibles, topical ointments, capsules and other packaged products that require a more professional extraction. As the recreational industry gets underway in California, many in the concentrates niche believe it’s going to continue to explode in popularity.

“We are excited to begin creating unique extraction products that are very high in quality as defined through a full complement of technical laboratory analysis,” says John Sweeney, Future Farm’s COO. “We will make data driven decisions that guide us in further refining our processes to maintain the very best cannabinoid, flavonoid and terpene profiles. The chosen method of extraction is safe, non-pressurized, reliable, and easy to use. The low temperatures and short residence times helps to preserve all of the essential oils and the consistency of operations including temperature, vacuum, and feed rates make it an ideal solution for scaling up.”

For further information, contact William Gildea, Director, at 617.834.9467.

On behalf of the Board,
Future Farm Technologies Inc.
William Gildea, CEO & Chairman

About Future Farm
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. Future Farm provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment. The Company holds an exclusive, worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generate yields up to 10 times greater per square foot of land. The contained system provides many other benefits including seed to sale security, scalability, consistency due to year-round production, cost control, product safety and purity by eliminating environmental variability.

The Company is also in the business of designing and distributing LED lighting solutions utilizing the COB and MCOB technology. The Company is focused on delivering cost efficient lighting to North America via advanced e-commerce sites the Company owns and operates. LEDCanada.com which caters to B2B customers is a supplier of the newest and highest demand LED solutions. The Company also owns and operates COBGrowlights.com which caters to both large and small agriculture green houses and controlled cultivation centers.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts
responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has not in any way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

For further information, contact William Gildea, Director, at 617.834.9467.

SOURCE Future Farm Technologies Inc.

 

----------------------------------
RECENT FFRMF News:

 

FUTURE FARM SUBSIDIARY TO MANAGE CANNABIS CULTIVATION FACILITY



VANCOUVER, British Columbia, March 15, 2017  /PRNewswire -- Future Farm Technologies Inc. (OTCQB: FFRMF) (CSE: FFT) (the "Company" or "Future Farm")  is pleased to announce that its majority owned subsidiary, FFM Consulting Services, LLC, a California limited liability company, has entered into a management agreement with a California non-profit company. The non-profit has secured a sublease for the purpose of cultivating premium grade cannabis in Riverside County, California. The cultivation facility will supply its high quality cannabis to the previously announced extraction facility where it will be further processed into premium grade concentrates.

The Company expects that operations within the 3,600-square foot state-of-the-art cultivation facility will be fully functional following completion of facility modifications within three months, with the first harvest 90-days thereafter. The cultivation operation will implement the use of Future Farm’s CEA systems, including the Company’s patented vertical farming technology and COB LED grow lights.

California is the 6th largest economy in the world and according to ArcView Research the cannabis market in California is expected to reach US$6.5 billion by 2020.

"We're thrilled to have reached another major milestone for our emerging company and excited to have the opportunity to manage this cultivation facility as it allows us to showcase our ability to expertly manage the production of consistent high-grade cannabis," said Bill Gildea CEO of Future Farm Technologies.

“This cultivation operation provides us with an important strategic advantage to control our supply of locally grown, high-grade raw material for our extraction operations and at the same time incorporate the use of Future Farm’s diversity of equipment, including vertical farming technologies and COB LED lighting solutions,” commented John Sweeney, COO of Future Farm Technologies.

On behalf of the Board,
Future Farm Technologies Inc.
William Gildea, CEO & Chairman

About Future Farm
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. Future Farm provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment. The Company holds an exclusive, worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generate yields up to 10 times greater per square foot of land. The contained system provides many other benefits including seed to sale security, scalability, consistency due to year-round production, cost control, product safety and purity by eliminating environmental variability.

The Company is also in the business of designing and distributing LED lighting solutions utilizing the COB and MCOB technology. The Company is focused on delivering cost efficient lighting to North America via advanced e-commerce sites the Company owns and operates. LEDCanada.com which caters to B2B customers is a supplier of the newest and highest demand LED solutions. The Company also owns and operates COBGrowlights.com which caters to both large and small agriculture green houses and controlled cultivation centers.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has not in any way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

For further information, contact William Gildea, Director, at 617.834.9467.

SOURCE Future Farm Technologies Inc.

 

 

FUTURE FARM SUBSIDIARY TO MANAGE CANNABIS OIL EXTRACTION FACILITY


ALSO ANNOUNCES $1,000,000 NON-BROKERED PRIVATE PLACEMENT


VANCOUVER, British Columbia, February 21, 2017  /PRNewswire -- Future Farm Technologies Inc. (OTCQB: FFRMF) (CSE: FFT) (the "Company" or "Future Farm")  is pleased to announce that its subsidiary, FFM Consulting Services, LLC, a California limited liability company, has entered into a management agreement with a California non-profit company. The non-profit has secured a sublicense to legally manufacture cannabis oil using a non-volatile method compliant under the Medical Marijuana Regulation And Safety Act (“MMRSA”), in southeastern Los Angeles County, California.

The non-profit will produce highly pure cannabis concentrates to supply California’s medical marijuana patients’ rapidly growing demand for both THC and CBD oil. The company will also focus on increasing inventory and capacity as California prepares to create a market for legal recreational cannabis. FFM Consulting Services, LLC, which is majority owned by Future Farm Technologies, will manage the new state-of-the-art extraction facility.

California is the 6th largest economy in the world and according to ArcView Research the cannabis market in California is expected to reach US$6.5 billion by 2020.

"We're thrilled to have reached this major milestone for our emerging company and excited to have the opportunity to manage this extraction facility as it allows us to showcase our ability to expertly manage the production of consistent and pure concentrates," said Bill Gildea CEO of Future Farm Technologies. Cannabis concentrates and edibles are the largest and fastest growing segments of the cannabis market. The market is accelerating as consumers become more educated on the various oil infused products that can be produced, as well as how well they work. As consumers become more educated, they grow more interested in using oil as a flower alternative.

“Professional extraction and refinement equipment and procedures enables us to ensure product purity, safety, and dosage control that promises to be the most valuable link in the supply chain for the future of the cannabis industry,” commented John Sweeney, COO of Future Farm Technologies.

Future Farm is also pleased to announce that due to a high level of interest from strategic investors they are offering $1,000,000 (units) in a non-brokered private placement. The Company will use the net proceeds for opportunistic acquisitions, and the continued rapid expansion of their business. The Company is offering each Unit at a price of $0.27 CDN per Unit. Each Unit is comprised of one common share of stock and one-half share purchase warrant that is exercisable at $0.37 CDN per common share for one-year with certain acceleration clauses.

For further information, contact William Gildea, Director, at 617.834.9467.

On behalf of the Board,
Future Farm Technologies Inc.
William Gildea, CEO & Chairman

About Future Farm - 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. Future Farm provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment. The Company holds an exclusive, worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generate yields up to 10 times greater per square foot of land. The contained system provides many other benefits including seed to sale security, scalability, consistency due to year-round production, cost control, product safety and purity by eliminating environmental variability.

The Company is also in the business of designing and distributing LED lighting solutions utilizing the COB and MCOB technology. The Company is focused on delivering cost efficient lighting to North America via advanced e-commerce sites the Company owns and operates. LEDCanada.com which caters to B2B customers is a supplier of the newest and highest demand LED solutions. The Company also owns and operates COBGrowlights.com which caters to both large and small agriculture green houses and controlled cultivation centers.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts

responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has not in any way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

SOURCE Future Farm Technologies Inc.

 

FUTURE FARM CLOSES ON 15 ACRES OF CANNABIS ZONED LAND IN FLORIDA AND APPOINTS JOHN SWEENEY AS CHIEF OPERATING OFFICER


VANCOUVER, British Columbia, February 8, 2017  /PRNewswire -- Arcturus Growthstar Technologies Inc. (OTCQB: AGSTF) (CSE: FFT) (the "Company" or "Future Farm")  is pleased to announce that it has closed on its previously announced definitive agreement to acquire a 15-acre parcel of land in Redland, Florida, in a county that is designated to legally cultivate, process and dispense cannabis. Redland is an unincorporated community within Miami-Dade County, with Biscayne National Park to the east and Everglades National Park to the west. Redland is primarily a Miami suburb and a major agricultural area. Miami-Dade County is referred to as the nation’s “Salad Bowl” and “Winter Bread Basket.”

“We are pleased to have reached this contract to acquire this prime parcel of land as it has a long history as a plant nursery, which was first established in 1963,” says Mr. William Gildea, Future Farm Technologies Inc.’s CEO and Chairman. Florida's Legislature is beginning the process of figuring out how to implement Amendment 2, which allows for the expansion of legalized medical marijuana in Florida. The new law took effect on Tuesday, Jan. 3, 2017. The Florida Department of Health now has until June 3, 2017 to finalize its MMJ regulations and until September 3, 2017 to issue the first ID cards to patients. Amendment 2 was approved by 71 percent of Florida voters on Election Day, and will allow higher-strength marijuana to be used for a wider list of medical ailments.

With this acquisition, Future Farm has the potential, if fully licensed, to develop 15-acres of cannabis crops and is positioning itself to be a part of the Florida Cannabis market as it rolls out in 2017. If current state projections for the cannabis market size hold up to their $1.8B projection by 2020, Florida will have considerable demand for medical marijuana, even without factoring in the potential for recreational legislation.

This is an exciting acquisition for Future Farm as the 15-acre farm is located in a designated legal grow zone with close proximity to Miami. Future Farm is in a unique position as a Canadian based company because it is poised to quickly commence operations within the United States rather than potentially wait years to become a licensed producer under Canadian law.

Concurrent with this announcement, the Company is pleased to announce the appointment of John Sweeney as its Chief Operating Officer. Mr. Sweeney will transition into this executive position from his current role as a consultant and his big pharma background and expertise will help the Company capitalize on its current growth initiatives.

While serving as a consultant for the Company, Mr. Sweeney helped position the business firmly within the North American cannabis market through organic and inorganic growth initiatives. Going forward, Mr. Sweeney is going to play an important role in the next phase of the Company’s growth strategy.

Mr. Sweeney brings with him 16 years of direct cGMP (current Good Manufacturing Practices) manufacturing experience in operations of industry leading biotechnology companies including Pfizer, Wyeth, Genzyme and most recently as Vice President of Operations at Tilray, a 60,000-square foot federally licensed Canadian medical cannabis operation on Vancouver Island.

He has extensive knowledge and experience in the requirements of regulated manufacturing for commercial and clinical products and served as liaison for auditing regulatory agencies including the FDA and EMA. Mr. Sweeney holds an MS in Engineering Management from Tufts University in Medford, MA and a BS in Biology from the University of New Hampshire, Durham.

For further information, contact William Gildea, Director, at 617.834.9467.

On behalf of the Board,
Future Farm Technologies Inc.
William Gildea, CEO & Chairman

About Future Farm
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. Future Farm provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment. The Company holds an exclusive, worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generate yields up to 10 times greater per square foot of land. The contained system provides many other benefits including seed to sale security, scalability, consistency due to year-round production, cost control, product safety and purity by eliminating environmental variability.

The Company is also in the business of designing and distributing LED lighting solutions utilizing the COB and MCOB technology. The Company is focused on delivering cost efficient lighting to North America via advanced e-commerce sites the Company owns and operates. LEDCanada.com which caters to B2B customers is a supplier of the newest and highest demand LED solutions. The Company also owns and operates COBGrowlights.com which caters to both large and small agriculture green houses and controlled cultivation centers. Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has not in any way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

Contact:
William Gildea, Director
+1-617-834-9467

SOURCE Future Farm Technologies Inc.

 

Arcturus Announces Name Change to Future Farm Technologies


VANCOUVER, British Columbia, February 2, 2017  /PRNewswire -- Arcturus Growthstar Technologies Inc. (OTC: AGSTF) (CSE: FFT) (the "Company" or "Arcturus")  is pleased to announce its name change to Future Farm Technologies Inc. to more accurately reflect its business model of developing and acquiring technologies, projects and businesses in the agri-tech space. The name change has undergone CSE and regulatory approval and is effective immediately. The Company welcomes all investors to visit its new website: www.futurefarmtech.com.

Effective February 2, 2017, the Company will begin trading on the CSE under its new symbol "FFT". The Company will continue to trade on the OTCQB under its existing symbol "AGSTF" until further notice.

"We are gratified with the look and feel of our new Future Farm Technologies brand and the way it communicates the Company's mission and vision for the future. A special thank you to Tim Hungerford, the Company's graphic design and marketing consultant, for bringing our vision to reality," says Mr. William Gildea, the Company's CEO and Chairman.

For further information, contact William Gildea, Director, at 617.834.9467.

On behalf of the Board,
Future Farm Technologies Inc.
William Gildea, CEO & Chairman

About Future Farm
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. Future Farm provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment. The Company holds an exclusive, worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generate yields up to 10 times greater per square foot of land. The contained system provides many other benefits including seed to sale security, scalability, consistency due to year-round production, cost control, product safety and purity by eliminating environmental variability.

The Company is also in the business of designing and distributing LED lighting solutions utilizing the COB and MCOB technology. The Company is focused on delivering cost efficient lighting to North America via advanced e-commerce sites the Company owns and operates. LEDCanada.com which caters to B2B customers is a supplier of the newest and highest demand LED solutions. The Company also owns and operates COBGrowlights.com which caters to both large and small agriculture green houses and controlled cultivation centers.

SOURCE Arcturus Growthstar Technologies Inc.
 

ARCTURUS SIGNS DEFINITIVE AGREEMENT TO ACQUIRE 15-ACRES OF CANNABIS ZONED LAND


VANCOUVER, British Columbia, December 15, 2016 /PRNewswire -- Arcturus Growthstar Technologies Inc. (OTC: AGSTF) (CSE: AGS) (the "Company" or "Arcturus")  is pleased to announce that it has signed a Definitive Agreement (“the Contract”) to acquire a 15-acre parcel of land in Redland, Florida, in a county that is designated to legally cultivate, process and dispense cannabis. Redland is an unincorporated community within Miami-Dade County, with Biscayne National Park to the east and Everglades National Park to the west. Redland is a Miami suburb and a major agricultural area. Miami-Dade County is referred to as the nation’s “Salad Bowl” and “Winter Bread Basket.”

“We are pleased to have reached this Contract to acquire this prime parcel of land as it has a long history as a plant nursery, which was first established in 1963,” says Mr. William Gildea, Arcturus Growthstar Technologies Inc.’s CEO and Chairman. “Florida's Legislature is beginning the process of figuring out how to implement Amendment 2, which expands the legalization of medical marijuana in Florida by allowing higher-strength marijuana to be used for a wider list of medical ailments. With this 15-acre acquisition, Arcturus is positioning itself to be a part of Florida’s cannabis market as it rolls out in 2017.”

Amendment 2, which was approved by over 71% of Florida voters, will go into effect on Tuesday, Jan. 3, 2017. Florida’s Department of Health has six months to set regulations for the issuance of identification cards, qualifications and standards of care givers and registration of medical marijuana treatment centers. The agency is expected to issue the first medical marijuana ID cards to patients by September 3, 2017.

With this acquisition and the previously announced 10-acre greenhouse acquisition near Orlando, Arcturus has the potential, if fully licensed, to develop 25-acres of cannabis crops. If current state projections for the cannabis market size hold up to their $1.8B projection by 2020, Florida will have considerable demand for medical marijuana, even without factoring in the potential for recreational legislation.

This is an exciting acquisition for Arcturus as the 15-acre farm is located in a designated legal grow zone with close proximity to Miami. Arcturus and its experienced team of operators, including John Sweeney, former VP of Operations for Tilray’s 60,000-square foot Vancouver facility, is in a unique position as a Canadian based company because it is poised to quickly commence operations within the United States rather than potentially wait years to become a licensed producer under Canadian law.

For further information, contact William Gildea, Director, at 617.834.9467.

On behalf of the Board, Arcturus Growthstar Technologies Inc. - William Gildea, CEO & Chairman

About Arcturus
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. Arcturus provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment. The Company holds an exclusive, worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generate yields up to 10 times greater per square foot of land. The contained system provides many other benefits including seed to sale security, scalability, consistency due to year-round production, cost control, product safety and purity by eliminating environmental variability.

The Company is also in the business of designing and distributing LED lighting solutions utilizing the COB and MCOB technology. The Company is focused on delivering cost efficient lighting to North America via advanced e-commerce sites the Company owns and operates. LEDCanada.com which caters to B2B customers is a supplier of the newest and highest demand LED solutions. The Company also owns and operates COBGrowlights.com which caters to both large and small agriculture green houses and controlled cultivation centers.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts
responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has not in any way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

Contact:
William Gildea, Director
+1-617-834-9467

SOURCE Arcturus Growthstar Technologies Inc.
 

 

ARCTURUS ANNOUNCES 25,000-SQ FT $5 MILLION “LED” VERTICAL FARMING PROJECT


VANCOUVER, British Columbia, December 8, 2016 /PRNewswire -- Arcturus Growthstar Technologies Inc. (OTC: AGSTF) (CSE: AGS) (the "Company" or "Arcturus")  is pleased to announce that it has partnered with CBO Financial, Inc. (“CBO”) for the development and operation of a major “LED” vertical farm project in Baltimore, Maryland. Arcturus is also pleased to announce that it has concurrently signed a Letter of Intent (“LOI”) to lease 25,000-sq ft of commercial shell space from Volunteers of America Chesapeake to accommodate the Baltimore farm.

Volunteers of America Chesapeake (“VOAC”), one of the largest and most respected nonprofits in the region, owns a building in Baltimore, MD that will undergo additional improvements to accommodate Arcturus’ Controlled Environment Agriculture (“CEA”) technology, which uses LED lights to grow plants on vertically stacked levels. As a partner in this indoor farm, VOAC has agreed to contribute generous rent concessions to Arcturus. The farm will be co-located in a residential reentry center, which helps ex-offenders reenter society and the workforce after serving federal prison sentences. The farm will provide job training and therapeutic opportunities for VOAC’s residents. Arcturus, CBO and VOAC intend to use this Baltimore model to expand the Company’s CEA technology and training and therapeutic programs developed by VOAC into other markets throughout the United States.

Arcturus previously announced that CBO would act as the Company’s financial advisor with respect to New Market Tax Credits (NMTC) for certain vertical farming projects. As part of this Baltimore farm transaction, CBO Financial will be arranging for $5,000,000 in NMTC based financing. CBO will also plan, co-finance, and perform day-to-day operations at the farm, and Arcturus will provide the system design, off-take agreements, co-finance, and offer ongoing O&M support. The Baltimore Farm is expected to be a showcase for Arcturus’ LED horticulture lighting technology and the first of many projects that CBO and the Company will work on together in collaboration with Volunteers of America Chesapeake.

The NMTC program is a $65 billion federal program designed to incentivize private investment in low-income communities. NMTCs are provided to financial institutions in exchange for equity investments that eligible businesses can use to subsidize project development costs. CBO Financial helps driven organizations, such as Arcturus, to finance facilities that will provide goods and services that benefit populations in need and revitalize communities.

“We are pleased to have partnered with CBO Financial and Volunteers of America Chesapeake on this project and believe that its success will be a bellwether for public private partnerships within the urban farming industry,” says Mr. William Gildea, Arcturus Growthstar Technologies Inc.’s CEO and Chairman. “With Volunteers of America Chesapeake’s diversified real estate holdings, CBO Financial’s experience in community development and expertise in navigating the NMTC process and Arcturus's CEA technology, this is a perfect partnership. Our goal was always to create impactful social and corporate programs that are mutually beneficial for all involved, from the community, to the company and our shareholders. Partnering with Volunteers of America Chesapeake and CBO Financial puts us in the position to achieve that goal. We hope this is the first of many joint-projects for our companies.”

“We are delighted to be involved with this project, which produces fresh food and quality jobs in a low income community and provides job training and therapy opportunities for VOAC residents. We expect this to be a prototype for future, profitable commercial scale projects that include social service oriented job training and therapeutic programs,” says Craig Stanley, CEO of CBO Financial.

“Volunteers of America Chesapeake has been supporting and providing resources for the ex-offender community for over 35 years in Baltimore, Maryland,” says Russell Snyder, CEO of VOAC. “We are committed to help the residents of our residential reentry center gain job skills and employment opportunities through social enterprise opportunities like vertical farming and we are pleased to partner with Arcturus and CBO Financial in this innovative project.”

For further information, contact William Gildea, Director, at 617.834.9467.

On behalf of the Board,

Arcturus Growthstar Technologies Inc. - William Gildea, CEO & Chairman

About Arcturus
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. Arcturus provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment. The Company holds an exclusive, worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generate yields up to 10 times greater per square foot of land. The contained system provides many other benefits including seed to sale security, scalability, consistency due to year-round production, cost control, product safety and purity by eliminating environmental variability.

The Company is also in the business of designing and distributing LED lighting solutions utilizing the COB and MCOB technology. The Company is focused on delivering cost efficient lighting to North America via advanced e-commerce sites the Company owns and operates. LEDCanada.com which caters to B2B customers is a supplier of the newest and highest demand LED solutions. The Company also owns and operates COBGrowlights.com which caters to both large and small agriculture green houses and controlled cultivation centers.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has not in any way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.
This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.
Contact:
William Gildea, Director
+1-617-834-9467

SOURCE Arcturus Growthstar Technologies Inc.
 

ARCTURUS LED CANADA DIVISION RECEIVES NEW PURCHASE ORDERS AND BEGINS ETL CERTIFCATION FOR ITS AWARD WINNING CANNABIS GROW LIGHTS



VANCOUVER, British Columbia, December 6, 2016 /PRNewswire -- Arcturus Growthstar Technologies Inc. (OTC: AGSTF) (CSE: AGS) (the "Company" or "Arcturus")  is pleased to announce that it’s LED division, LED Canada, has received its largest purchase order to date from a 40-year-old Canadian chain of stores. This one customer positions LED Canada, a wholly owned Arcturus division, to potentially generate over $1,000,000 in business in 2017. Arcturus’ LED Canada and COB Grow Lights divisions offer a wide variety of cutting edge LED lights for commercial, municipal, and home applications as well as greenhouse and indoor cultivation of legal cannabis.

According to LEDInside: LED Lighting Market to Reach US$30.5 Billion in 2016 and Professional Lighting Markets to See Explosive Growth.

“Our LED business is gaining more traction in the marketplace due to many factors that we suspect are related to the scaling of cultivation centers for both the cannabis and urban farming sectors. On a daily basis, we have seen an increase in inquiries since November 8th, which is exciting given our LED division is vital to cultivation expansion in North America,” said Mr. William Gildea, Arcturus Growthstar Technologies Inc.’s CEO and Chairman. “This month the Company shipped its largest single order to a single commercial customer, which operates a chain with 200 locations. The customer is currently testing the LED lighting in key markets and structuring a rollout to its other locations throughout Canada.”

About Chip On Board (COB):
LEDs compete with traditional lighting sources in a number of ways, including greater energy efficiency, longer lifetime, and smaller size. However, the one drawback that has vexed many lighting designers is cost, which is a key reason why LED manufacturers continue to innovate to improve economies of scale. One of the newest packaging solutions designed to help lower costs is Chip on Board (“COB”) light source modules, in which the LED chips are in the form of a semiconductor chip that is neither encased nor connected but directly mounted onto a PCB or, more generally, a substrate. This packaging style also provides several related benefits, such as greater design flexibility, better light distribution, and simpler manufacturing processes.

Arcturus believes that its Scorpion COB LED Grow lights has the best LED technology to grow legal cannabis on the market and can offer its lights at the best price as compared to its competitors, which gives it a distinct market advantage in the cannabis space. After Arcturus’ own Rob Huston won 1st place in the Cannabis Cup using the Company’s COB Grow lights, the Company is moving forward with ETL certification (a product bearing the ETL Listed mark is determined to have met the minimum requirements of prescribed product safety standards), after which it will be beefing up sales and marketing efforts throughout Canada and the Unites States.

Arcturus’ LED division reports that the month of November has been the best sales month to date. The Company is also pleased to announce that it is currently testing its COB Grow Lights through an academic study. This project will be a ANOVA of LED horticulture fixtures using IBM-SPSS statistical software. The Company is looking forward to continuing its momentum in 2017 with the rollout of new LED testing results, plus new sales and marketing initiatives.

“As we move towards a more aggressive sales and marketing push in the Cannabis space for 2017, these independent third party testings are critical to gaining more market acceptance of our LED grow lights,” says Rob Huston, LED Canada’s manager and winner of the Cannabis Cup. “In addition to third party testing, it is expected that the Company will be gaining ETL certification in the next 60 days, opening up the entire North American marketplace, which we believe will have a very positive effect on sales for Arcturus’ COB Grow Lights and LED Canada’s sales in 2017.”

For further information, contact William Gildea, Director, at 617.834.9467.

On behalf of the Board, Arcturus Growthstar Technologies Inc. - William Gildea, CEO & Chairman

About Arcturus - 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. Arcturus provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment. The Company holds an exclusive, worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generate yields up to 10 times greater per square foot of land. The contained system provides many other benefits including seed to sale security, scalability, consistency due to year-round production, cost control, product safety and purity by eliminating environmental variability.

The Company is also in the business of designing and distributing LED lighting solutions utilizing the COB and MCOB technology. The Company is focused on delivering cost efficient lighting to North America via advanced e-commerce sites the Company owns and operates. LEDCanada.com which caters to B2B customers is a supplier of the newest and highest demand LED solutions. The Company also owns and operates COBGrowlights.com which caters to both large and small agriculture green houses and controlled cultivation centers.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts

responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has not in any way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.
 

Contact:
William Gildea, Director
+1-617-834-9467

SOURCE Arcturus Growthstar Technologies Inc.
 

ARCTURUS TO ACQUIRE 15-ACRES OF CANNABIS ZONED LAND



VANCOUVER, British Columbia, November 15, 2016 /PRNewswire -- Arcturus Growthstar Technologies Inc. (OTC: AGSTF) (CSE: AGS) (the "Company" or "Arcturus")  is pleased to announce that it has signed a Letter of Intent (“LOI”) to acquire a 15-acre parcel of land in Redland, Florida, in a county that is designated to legally cultivate, process and dispense cannabis. Redland is an unincorporated community within Miami-Dade County, with Biscayne National Park to the east and Everglades National Park to the west. Redland is primarily a Miami suburb and a major agricultural area. Miami-Dade County is referred to as the nation’s “Salad Bowl” and “Winter Bread Basket.”

“We are pleased to have reached this LOI to acquire this prime parcel of land as it has a long history as a plant nursery, which was first established in 1963,” says Mr. William Gildea, Arcturus Growthstar Technologies Inc.’s CEO and Chairman. “This acquisition will be an all-stock deal and greatly adds to our geographic footprint and overall strategy in the state of Florida. With the recent passage of Amendment 2, an initiative which significantly broadens Florida’s medical marijuana program, we want to be firmly established in the state and solidify our first mover advantage in one of the biggest potential cannabis markets in the United States.”

With this acquisition and the previously announced 10-acre greenhouse acquisition near Orlando, Arcturus has the potential, if fully licensed, to develop 25-acres of cannabis crops. If current state projections for the cannabis market size hold up to their $1.8B projection by 2020, Florida will have considerable demand for medical marijuana, even without factoring in the potential for recreational legislation.

This is an exciting acquisition for Arcturus as the 15-acre farm is located in a designated legal grow zone with close proximity to Miami. Arcturus and its experienced team of operators, including John Sweeney, former VP of Operations for Tilray’s 60,000-square foot Vancouver facility, is in a unique position as a Canadian based company because it is poised to quickly commence operations within the United States rather than potentially wait years to become a licensed producer under Canadian law.

For further information, contact William Gildea, Director, at 617.834.9467.

On behalf of the Board, Arcturus Growthstar Technologies Inc. - William Gildea, CEO & Chairman

About Arcturus
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. Arcturus provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment. The Company holds an exclusive, worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generate yields up to 10 times greater per square foot of land. The contained system provides many other benefits including seed to sale security, scalability, consistency due to year-round production, cost control, product safety and purity by eliminating environmental variability.
The Company is also in the business of designing and distributing LED lighting solutions utilizing the COB and MCOB technology. The Company is focused on delivering cost efficient lighting to North America via advanced e-commerce sites the Company owns and operates. LEDCanada.com which caters to B2B customers is a supplier of the newest and highest demand LED solutions. The Company also owns and operates COBGrowlights.com which caters to both large and small agriculture green houses and controlled cultivation centers.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has not in any way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

Contact:
William Gildea, Director
+1-617-834-9467

SOURCE Arcturus Growthstar Technologies Inc.
 

ARCTURUS Begins CONSTRUCTION ROLL OUT For Rhode Island Urban Farm


We are excited to have Jim Coull and his team of construction professionals on board with us in the development and construction of our Rhode Island farm, which can grow both leafy greens and Cannabis”


VANCOUVER, British Columbia, November 2, 2016 /PRNewswire -- Arcturus Growthstar Technologies Inc. (OTC: AGSTF) (CSE: AGS) (the "Company" or "Arcturus")  is pleased to announce that it has engaged the services of Mr. Jim Coull to begin design and construction work at its flagship farm in North Kingstown, Rhode Island. Mr. Coull offers commercial design-build, general contracting and preconstruction services to the cleanroom laboratory, advanced technology, education and healthcare industries. He is known for his highly technical construction and turnkey services, from planning and feasibility through architecture, engineering, general contracting and commissioning.

The Company plans to use the Rhode Island farm to showcase its proprietary scalable, indoor Controlled Environment Agriculture (CEA) technology, which allows it to produce crops more cost effectively than traditional farming methods, without the use of chemical pesticides, all while using 90% less water and fertilizer. Mr. Coull has experience with Arcturus’ CEA technology, and even helped to refine the CEA system by creating greater efficiencies during growth trial phases.

“We are excited to have Jim Coull and his team of construction professionals on board with us in the development and construction of our Rhode Island farm, which can grow both leafy greens as well as cannabis,” says Mr. William Gildea, Arcturus Growthstar Technologies, Inc.’s CEO and Chairman. “Mr. Coull’s reputation for excellence and comprehensive construction management services will ensure our flagship farm’s success.”

Mr. Coull adds, “I am pleased to see this project is underway and look forward to help bring it to a successful conclusion. It will provide fresh organic produce to the Rhode Island Market on a one-day ‘harvest to table’ basis. CEA is the coming trend in the food production business, and is of particular importance here in New England where our growing season is very short.”

Rhode Island is a small, but densely populated state with just over one million residents. Arcturus’ farm will serve Rhode Island residents and the entire Northeast market where there is strong consumer demand for organic produce, and an opportunity to significantly reduce “food miles” associated with transporting produce from California and Arizona. The farm’s proximity to numerous northeast routes will enable the farm to capitalize on many channels of distribution. Rhode Island also has Medical Marijuana laws that allow urban farms such as ours to make build out designated areas to cultivate cannabis for medical purposes.

On behalf of the Board, Arcturus Growthstar Technologies Inc. - William Gildea, CEO & Chairman

About Arcturus
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. Arcturus provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment. The Company holds an exclusive, worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generate yields up to 10 times greater per square foot of land. The contained system provides many other benefits including seed to sale security, scalability, consistency due to year-round production, cost control, product safety and purity by eliminating environmental variability.

The Company is also in the business of designing and distributing LED lighting solutions utilizing the COB and MCOB technology. The Company is focused on delivering cost efficient lighting to North America via advanced e-commerce sites the Company owns and operates. LEDCanada.com which caters to B2B customers is a supplier of the newest and highest demand LED solutions. The Company also owns and operates COBGrowlights.com which caters to both large and small agriculture green houses and controlled cultivation centers.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts
responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has not in any way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

Contact:
William Gildea, Director
+1-617-834-9467

SOURCE Arcturus Growthstar Technologies Inc.
 

Arcturus Now Traded on U.S. OTCQB Venture Market


VANCOUVER, British Columbia, October 26, 2016 /PRNewswire -- Arcturus Growthstar Technologies Inc. (OTC: AGSTF) (CSE: AGS) (the "Company" or "Arcturus")  is pleased to announce that, in addition to being listed on the Canadian Stock Exchange, it will now also be traded on the OTCQB Venture Market. The OTCQB Venture Market is for early-stage and developing U.S. and international companies. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process. Companies must meet $0.01 bid test and may not be in bankruptcy.

"We are pleased to have the ability to immediately distribute Arcturus' information and bring greater transparency to a wider audience of U.S. investors, market data distributors, investment databases, media outlets, and broker-dealers," says Mr. William Gildea, Arcturus Growthstar Technologies, Inc.'s CEO and Chairman. "Being traded on the OTCQB will allow us to better connect with our shareholders by facilitating real-time delivery of information and news."

For further information, contact William Gildea, Director, at +1-617-834-9467.
On behalf of the Board, Arcturus Growthstar Technologies Inc. - William Gildea, CEO & Chairman

About Arcturus

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. Arcturus provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment. The Company holds an exclusive, worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generate yields up to 10 times greater per square foot of land. The contained system provides many other benefits including seed to sale security, scalability, consistency due to year-round production, cost control, product safety and purity by eliminating environmental variability.

The Company is also in the business of designing and distributing LED lighting solutions utilizing the COB and MCOB technology. The Company is focused on delivering cost efficient lighting to North America via advanced e-commerce sites the Company owns and operates. LEDCanada.com which caters to B2B customers is a supplier of the newest and highest demand LED solutions. The Company also owns and operates COBGrowlights.com which caters to both large and small agriculture green houses and controlled cultivation centers.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has not in any way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

Contact:
William Gildea, Director
+1-617-834-9467

SOURCE Arcturus Growthstar Technologies Inc.

 

Arcturus Growthstar Technologies Inc.: CEO Update to Shareholders


VANCOUVER, British Columbia, October 19, 2016 /PRNewswire -- Arcturus Growthstar Technologies Inc. (OTC: AGSTF) (CSE: AGS) (the "Company" or "Arcturus")  is pleased to provide the following update to its current and prospective Shareholders regarding the Company's recent activities relative to Arcturus' current lines of agricultural technology, cannabis based media and app platforms and its expansion into urban farming markets. This update also lays out Arcturus' plans for the immediate future, including the Company's first Shareholder Conference Call.

Arcturus is a British Columbia company focused on developing and marketing products in the consumer LED industry and in the Controlled Environment Agriculture ("CEA") industry through its online sales channels and web presence relative to its Scorpion LED & COB grow lights. Recently, Mr. Rob Huston, the head of the Company's LED division, won 1st place for the "Indica - Private Grower" category at Bio Cup Canada, the largest cannabis cup to ever take place in Canada by using the Company's Scorpion COB grow lights with off the shelf seeds. Five plants were grown legally using an MMAR patient license in a 4'x8' space, using 1500 watt total, consisting of 1 Scorpion 9x 525 watt and 3 Scorpion 5x 325 watt each. Mr. Huston's five plants were harvested at eight weeks and resulted in a 1.35-lb harvest.

Arcturus has had much success in the LED space, even prior to Mr. Huston's award, putting itself in a very good position ahead of medical marijuana legalization in Canada. Now that the Trudeau administration has signaled its plan for a complete legalized cannabis market, Arcturus is using its current lines of LED and CEA technologies to penetrate the market and aid in the growing number of licensed producers (LP's) building out their facilities.

With an eye beyond simply sales, the Company contracted with Mr. John Sweeney, formerly the vice president of operations for Tilray, one of Canada's biggest privately licensed cannabis producers owned by Privateer Holdings. Mr. Sweeney will spearhead the Company's professional consulting services in the area of "current Good Manufacturing practice" (cGMP), which provides for systems that assure proper design, monitoring, and control of manufacturing processes and facilities in support of mandates on the horizon.

The Company also engaged the services of CBO Financial, Inc. as its financial advisor with respect to New Market Tax Credits (NMTC) for a vertical farm project. The NMTC program is a $65 billion federal program designed to incentivize private investment in low-income communities. NMTCs are provided to financial institutions in exchange for equity investments that eligible businesses can use to subsidize project development costs. The NMTC program provides 20% to 25% of a project's cost in very flexible financing for projects located in low-income communities. CBO Financial helps driven organizations, such as Arcturus, to finance facilities that will provide goods and services that benefit populations in need and revitalize communities. Arcturus' partnership with CBO Financial is both shareholder and capital structure friendly in the sense that the draw of capital is non-dilutive in nature. Arcturus and CBO Financial are currently developing one vertical farming project together, but plan to work together on many more projects in the future.

On October 4, 2016, the Company closed on its transaction to acquire a large portfolio of revenue generating Apps and source code (the "App Portfolio"). This all-stock acquisition brings on a seasoned team of app developers, which instantly expands the Company's tech portfolio and positions Arcturus for rapid rollout of a suite of cannabis centric apps. "As more and more states legalize the use of Cannabis we believe that more and more technology will be needed to manage the growth of consumers with apps being the centerpiece; be it delivery, discovery, customer acquisition, or eventually payment services," says Mikael Hovhannisyan the app manager.

The App Portfolio is currently producing revenue and is a consistent source of monthly income, as the App Portfolio's trailing 12-month EBITDA was USD $139,000 or CDN $183,000. Subsequent to closing on this transaction, the Company's new app team established a new mobile gaming division with the intent to put out 420 themed games, which will generate revenue through In App Purchases (IAP) as well as through ad impressions.

The Company is also pleased to announce that it has successfully raised $810,000 CDN due to the recent exercise of warrants by the Company's early investors. The subject $0.15 warrants were part of a 2014 private placement and were exercised voluntarily by the warrant holders.

"We are excited at our positioning within the LED and CEA industries," says Mr. William Gildea, Arcturus Growthstar Technologies, Inc.'s CEO and Chairman. "Through our selective, accretive technology acquisitions, we are able to generate revenue, which in turn allows us to develop vertical farms and ultimately build value for our Shareholders."

Arcturus would also like to take this opportunity to announce that the first Arcturus Shareholder Conference Call will be scheduled for early November 1, 2016. We invite all Shareholders to attend and to submit questions no later than Monday, October 31st at 5:00 p.m. EST. Questions may be emailed to Arcturus' CEO and Chairman, William Gildea at gildea@arcturusgrowthstar.com.

For further information, contact William Gildea, Director, at 617.834.9467.

On behalf of the Board,

Arcturus Growthstar Technologies Inc.

William Gildea, CEO & Chairman

About Arcturus

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. Arcturus provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment. The Company holds an exclusive, worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generate yields up to 10 times greater per square foot of land. The contained system provides many other benefits including seed to sale security, scalability, consistency due to year-round production, cost control, product safety and purity by eliminating environmental variability.

The Company is also in the business of designing and distributing LED lighting solutions utilizing the COB and MCOB technology. The Company is focused on delivering cost efficient lighting to North America via advanced e-commerce sites the Company owns and operates. LEDCanada.com which caters to B2B customers is a supplier of the newest and highest demand LED solutions. The Company also owns and operates COBGrowlights.com which caters to both large and small agriculture green houses and controlled cultivation centers.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts
responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has not in any way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

Contact:

William Gildea, Director, at 617.834.9467
SOURCE Arcturus Growthstar Technologies Inc.



ARCTURUS ESTABLISHES A NEW 420APPGAMING DIVISION ENTERING THE $37 BILLION DOLLAR MOBILE GAMING MARKET


VANCOUVER, British Columbia, October 13, 2016 /PRNewswire -- Arcturus Growthstar Technologies Inc. (OTC: AGSTF) (CSE: AGS) (the "Company" or "Arcturus")  is pleased to announce that it has established a new mobile gaming division (www.420AppGaming.com) with the intent to put out 420 themed games, which will generate revenue through In App Purchases (IAP) as well as through ad impressions. According to the Global Games Market Report, gamers worldwide will generate a total of $99.6 billion in revenues in 2016, up 8.5% compared to 2015.  For the first time, mobile gaming will take a larger share than personal computers with $36.9 billion, up 21.3% globally.

“With our recent mobile app acquisition and our growing focus on Cannabis, we feel Arcturus is now uniquely positioned to capitalize on these two huge and converging trends by publishing a suite of 420 themed games and utility apps,” says Mr. William Gildea, Arcturus Growthstar Technologies Inc.’s CEO and Chairman.

Arcturus’ mobile app plan is to first launch a series of 420 themed casual games like Slots, Poker, Solitaire and Bingo, which all have a large and broad appeal, before year end 2016. According to ThinkGaming, five of the top 20 grossing revenue games are slots games while the rest are tried and true games that have proven to be winners on mobile devices and consistently in the top charts.

“We are excited to be working with the Arcturus team and, in addition to the 420 gaming apps we are currently developing, in Q1 2017 we are also planning to release utility apps to compete with the biggest apps in the Cannabis space, including Weedmaps and Massroots,” says Mikael Hovhannisyan, the app development team manager.

For further information, contact William Gildea, Director, at 617.834.9467.

On behalf of the Board,
Arcturus Growthstar Technologies Inc.
William Gildea, CEO & Chairman

About Arcturus
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. Arcturus provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment. The Company holds an exclusive, worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generate yields up to 10 times greater per square foot of land. The contained system provides many other benefits including seed to sale security, scalability, consistency due to year-round production, cost control, product safety and purity by eliminating environmental variability.

The Company is also in the business of designing and distributing LED lighting solutions utilizing the COB and MCOB technology. The Company is focused on delivering cost efficient lighting to North America via advanced e-commerce sites the Company owns and operates. LEDCanada.com which caters to B2B customers is a supplier of the newest and highest demand LED solutions. The Company also owns and operates COBGrowlights.com which caters to both large and small agriculture green houses and controlled cultivation centers.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has not in any way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

ARCTURUS GROWTHSTAR TECHNOLOGIES INC.
Suite 1518, 1030 West Georgia Street
Vancouver, British Columbia
V6E 2Y3
Contact:
William Gildea,
Director
+1-617-834-9467
SOURCE Arcturus Growthstar Technologies Inc.
 

ARCTURUS ACQUIRES REVENUE GENERATING APP PORTFOLIO MARKING ITS FIRST ACQUISITION IN MOBILE AGRICULTURE TECHNOLOGY


VANCOUVER, British Columbia, October 5, 2016 /PRNewswire -- Arcturus Growthstar Technologies Inc. (OTC: AGSTF) (CSE: AGS) (the "Company" or "Arcturus")  is pleased to announce that it has closed on its transaction to acquire a large portfolio of revenue generating Apps and source code (“App Portfolio”). This all-stock acquisition brings on a seasoned team of app developers, which instantly expands the Company’s tech portfolio and positions Arcturus for rapid rollout of a suite of marijuana centric apps. It also positions the Company to receive consistent monthly income, as the App Portfolio’s trailing 12-month EBITDA was USD $139,000 or CDN $183,000.

“This app portfolio and experienced team lays the foundation for our ability to quickly release new agriculture and legal cannabis related apps without having to go outside of our own company for development and monetization expertise. At the same time, it provides us with a current stream of cash flow while we are building our vertical farming business,” says Mr. William Gildea, Arcturus Growthstar Technologies Inc.’s CEO and Chairman. “With Deere & Company (DE), a NYSE listed company and one of the largest equipment suppliers having over 20 mobile apps in the agriculture market, we felt it important to have our own app division as well.”

“For the month of September, the All-In-One App Portfolio revenue grew by 50%, serving up over 57,000 Facebook ad impressions and over 26,000 AdMob impressions, which puts us at an annual run rate of almost 1,000,000 ads for the next 12 months,” comments Mikael Hovhannisyan, the app portfolio manager. “With our plans to increase the portfolio's number of apps by two to three times, we expect the revenue and ad impressions numbers to only keep going up.”

For further information, contact William Gildea, Director, at 617.834.9467.

On behalf of the Board,
Arcturus Growthstar Technologies Inc.
William Gildea, CEO & Chairman
About Arcturus

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. Arcturus provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment. The Company holds an exclusive, worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generate yields up to 10 times greater per square foot of land. The contained system provides many other benefits including seed to sale security, scalability, consistency due to year-round production, cost control, product safety and purity by eliminating environmental variability.

The Company is also in the business of designing and distributing LED lighting solutions utilizing the COB and MCOB technology. The Company is focused on delivering cost efficient lighting to North America via advanced e-commerce sites the Company owns and operates. LEDCanada.com which caters to B2B customers is a supplier of the newest and highest demand LED solutions. The Company also owns and operates COBGrowlights.com which caters to both large and small agriculture green houses and controlled cultivation centers.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has not in any way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

ARCTURUS GROWTHSTAR TECHNOLOGIES INC.
Suite 1518, 1030 West Georgia Street
Vancouver, British Columbia
V6E 2Y3
Contact:
William Gildea,
Director
+1-617-834-9467
SOURCE Arcturus Growthstar Technologies Inc.

 

Arcturus Announces Engagement of Financial Advisor for Vertical Farm Project


VANCOUVER, British Columbia, September 29, 2016 /PRNewswire -- Arcturus Growthstar Technologies Inc. (OTC: AGSTF) (CSE: AGS) (the "Company" or "Arcturus")  is pleased to announce that it has engaged the services of CBO Financial, Inc. as its financial advisor with respect to New Market Tax Credits (NMTC) for a vertical farm project. The NMTC program is a $65 billion federal program designed to incentivize private investment in low-income communities. NMTCs are provided to financial institutions in exchange for equity investments that eligible businesses can use to subsidize project development costs. CBO Financial helps driven organizations, such as Arcturus, to finance facilities that will provide goods and services that benefit populations in need and revitalize communities. Arcturus' partnership with CBO Financial is both shareholder and capital structure friendly in the sense that the draw of capital is non-dilutive in nature.

"We are very pleased to have engaged CBO Financial," says Mr. William Gildea, Arcturus Growthstar Technologies, Inc.'s CEO and Chairman. "CBO Financial is an invaluable resource. We plan to work with CBO Financial to navigate the NMTC qualifying and application process as a means of bringing additional capital to our vertical farming project."

Mr. Craig Stanley, CEO and Founder of CBO Financial states, "[t]he CBO Financial team is excited to be selected by Arcturus to assist with securing New Markets Tax Credits for the vertical farm project. CBO has been involved in this program since its inception in 2004 and has received direct awards in six out of thirteen annual rounds totaling $150 million, one of a small number of groups in the U.S. to have received six or more awards. In addition CBO has secured over $500 million in NMTCs for clients. The NMTC program provides 20% to 25% of a project cost in very flexible financing for projects located in low-income communities. We hope this is the first of many projects with Arcturus. For more information see http://www.cbofinancial.com ."

On behalf of the Board,

Arcturus Growthstar Technologies Inc.

William Gildea, CEO & Chairman

About Arcturus

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. Arcturus provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment. The Company holds an exclusive, worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generate yields up to 10 times greater per square foot of land. The contained system provides many other benefits including seed to sale security, scalability, consistency due to year-round production, cost control, product safety and purity by eliminating environmental variability.

The Company is also in the business of designing and distributing LED lighting solutions utilizing the COB and MCOB technology. The Company is focused on delivering cost efficient lighting to North America via advanced e-commerce sites the Company owns and operates. LEDCanada.com which caters to B2B customers is a supplier of the newest and highest demand LED solutions. The Company also owns and operates COBGrowlights.com which caters to both large and small agriculture green houses and controlled cultivation centers.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has not in any way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

ARCTURUS GROWTHSTAR TECHNOLOGIES INC.
Suite 1518, 1030 West Georgia Street
Vancouver, British Columbia
V6E 2Y3
Contact:
William Gildea,
Director
+1-617-834-9467
SOURCE Arcturus Growthstar Technologies Inc.

 

Arcturus Signs LOI to Acquire Cash Flow Generating App Portfolio


VANCOUVER, British Columbia, September 29, 2016 /PRNewswire -- Arcturus Growthstar Technologies Inc. (OTC: AGSTF) (CSE: AGS) (the "Company" or "Arcturus")  is pleased to announce that it has signed a Letter of Intent to acquire a large portfolio of revenue generating App's and source code. This acquisition brings on a seasoned team of app developers, which instantly expands the Company's tech portfolio and positions Arcturus for rapid rollout of a suite of 420 centric apps. With this all-stock deal, said stock being subject to escrow, Arcturus gains a foothold in the extremely valuable and fast growing mobile application market and obtains access to a seasoned team of experienced developers having published over 500 apps.

"Agriculture and technology are two powerful trends, which are merging at a rapid pace, and mobile technology, specifically apps that are efficiency based, will be in the center of it all," says Mr. William Gildea, Arcturus Growthstar Technologies Inc.'s CEO and Chairman. "This acquisition positions Arcturus to take full advantage of this trend now and in the future by leveraging the experience of this seasoned mobile app team, which just in the past three years has released over 500 iOS/Android apps, including Farming All In One and a soon to be released 420 All In One Application with many more 420 apps in the pipeline."

Mobile apps will continue to be at the heart of the data transformation in agriculture.

"Having published over 500 apps on both iOS and Android platforms we also integrated the Facebook, Chartboost, Applovin and Google's AdMob mobile advertising networks which serve up over 10 million ad impressions per year across our portfolio," comments Mikael Hovhannisyan, the app portfolio manager. "We are excited to be a part of the growing Arcturus team and look forward to leveraging our mobile development and monetization experience into the rapidly expanding 420 Ag app space.

According to CropLife, "The agricultural industry is being transformed by the use of data. It is everywhere, and over the next several years, innovative new uses of information across agriculture - from yield optimization and fertilizer management, to food safety and connected vehicles - will be adopted." See full article at: http://www.croplife.com/editorial/matt-hopkins/6-mobile-app-trends-worth-watching-in-agriculture/

"Cloud technology, Big Data, and the Internet of Things all support the day-to-day operations on the farm," says John Sweeny, the farm manager. "We are on the verge of some very significant changes in the merging of mobile app technology and the farm."

For further information, contact William Gildea, Director, at +1-617-834-9467.

On behalf of the Board,

Arcturus Growthstar Technologies Inc.

William Gildea, CEO & Chairman

About Arcturus

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. Arcturus provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment. The Company holds an exclusive, worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generate yields up to 10 times greater per square foot of land. The contained system provides many other benefits including seed to sale security, scalability, consistency due to year-round production, cost control, product safety and purity by eliminating environmental variability.

The Company is also in the business of designing and distributing LED lighting solutions utilizing the COB and MCOB technology. The Company is focused on delivering cost efficient lighting to North America via advanced e-commerce sites the Company owns and operates. LEDCanada.com which caters to B2B customers is a supplier of the newest and highest demand LED solutions. The Company also owns and operates COBGrowlights.com which caters to both large and small agriculture green houses and controlled cultivation centers.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts
responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has not in any way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

Contact:
William Gildea,
+1-617-834-9467.

ARCTURUS GROWTHSTAR TECHNOLOGIES INC.
Suite 1518, 1030 West Georgia Street
Vancouver, British Columbia
V6E 2Y3
SOURCE Arcturus Growthstar Technologies Inc.

-----------------------------------------------------------------------------------------
About Future Farm Technologies Inc.:

Future Farm is rapidly becoming a leading indoor plant growth technology company specializing in LED lighting and vertical farming solutions.

Future Farm's business model includes developing and acquiring technologies that will further its position as a leader in the evolving Controlled Environment Agriculture (CEA) market for the global production of various types of plants. Future Farm provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment. The Company holds a worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generate yields up to 10 times greater per square foot of land. The contained system provides many other benefits including seed to sale security, scalability, consistency due to year-round production, cost control, product safety and purity by eliminating environmental variability.

Future Farm is also in the business of developing and distributing LED based lighting solutions for both commercial and residential applications. The focus is on delivering cost efficient lighting to North America via advanced e-commerce sites that the Company owns and operates. Future LEDCanada.com website, which caters to all Canadian consumers as well as B2B customers via Contractor and Re-Seller login areas, attracts thousands of customers per month. The Company also owns and operates COBGrowlights.com, which caters to both large and small greenhouses and indoor cultivation individuals. The Company’s Growthstar brand of LED lights have been top rated for almost 5 years and its newest COB and MCOB (Chip on Board and Multiple Chips on Board) technologies are proving to be game changers in the world of “LED Grow Lights” with 50% reduction in power use and many other benefits.

Company Is Focused on Four Key Market Segments

Cannabis
Legal in 28 states
expected to be worth
$50Billion by 2026

LED Lighting
LED Lighting market is $30Billion in 2016
Horticulture LED Lighting Market to Grow at 22.55% CAGR to 2020
Global LED Agricultural Grow Lights Market Worth $1.8 billion by 2021

Food Production
The world needs to produce at least 50% more food to feed
9 billion people by 2050
Vertical Farming Market worth 3.88 Billion USD by 2020

Applications
App Annie says mobile apps will be a
$101 billion industry
by 2020.

Meet The Management Team
William Gildea, Chairman & CEO

Mr. Gildea is the Founder and President of ECAP, LLC, a boutique investment firm committed to transforming environmental concerns into environmental and business opportunities. With over 20 years of experience, he is recognized as a pioneer in the field of environmental insurance and has a strong track record of successfully advancing environmental businesses and projects through effective finance and investment strategies. Mr. Gildea is also a Founder of Converted Organics Inc., a publicly traded company that utilizes a clean technology to manufacture organic fertilizer. Before founding ECAP, Mr. Gildea held senior positions at Connecticut Bank & Trust and Phoenix Investment Counsel. He was also a Founder and Managing Director of Environmental Warranty. Mr. Gildea holds an MBA from Rensselaer Polytechnic Institute.
Craig Stanley, Director

Mr. Stanley is CEO of CBO Financial, Inc., which he founded in 1999 as a financial consulting firm that aids mission driven organizations in the development and financing of projects that revitalize distressed communities. Since then Mr. Stanley and CBO have facilitated investment of $850 million in flexible, below market financing to help transform low income communities and the lives of people who call them home. CBO has received six awards totaling $150M from the U.S. Treasury Department under the New Markets Tax Credit program, in addition to securing 11 additional awards for clients totaling $378M. CBO is headquartered in Columbia, Maryland and serves a nationwide service area including Puerto Rico and Guam.
John Sweeney, Director

Mr. Sweeney brings with him 16 years of direct cGMP (current Good Manufacturing Practices) manufacturing experience in operations of industry leading biotechnology companies including Pfizer, Wyeth, Genzyme and most recently as Vice President of Operations at Tilray, a 60,000 square foot federally licensed Canadian medical cannabis operation on Vancouver Island. He has extensive knowledge and experience in the requirements of regulated manufacturing for commercial and clinical products and served as liaison for auditing regulatory agencies including the FDA and EMA. Mr. Sweeney holds an MS in Engineering Management from Tufts University in Medford, MA and a BS in Biology from the University of New Hampshire, Durham.
Scott McDermid

Mr. McDermid is a Vancouver Real Estate Investor. Scott has an extensive network of real estate investors who own facilities ready to convert lighting to LED.

What Are COB Grow Lights?

COB (Chips on Board) is a new technology of LED packaging for LED light engine. Future Farm Technologies believes its Growthstar “Scorpion” & “Spider” LED lights are the best performance and priced COB grow lights that are on the market today.

Why and How Chip-on-Board (COB) LEDs Reduce Cost and Save Energy in Lighting Designs

LEDs compete with traditional lighting sources in a number of ways, including greater energy efficiency, longer lifetime, and smaller size. However, the one drawback that has vexed many lighting designers is cost, which is a key reason why LED manufacturers continue to innovate to improve economies of scale. One of the newest packaging solutions designed to help lower costs is chip-on-board (COB) light source modules, in which the LED chips are in the form of a semiconductor chip that is neither encased nor connected but directly mounted onto a PCB or, more generally, a substrate. This packaging style also provides several related benefits, such as greater design flexibility, better light distribution, and simpler manufacturing processes.

There are other reasons why designers will want to seriously consider COB LEDs for their next design. In a recent report offered by Research and Markets, analysts note that COB LEDs, which are wide-area light emitters (so they also can be used in highway and streetlights), deliver three major benefits: better color mixing, better lighting effect, and low thermal resistance requirements. In addition, because these COB LEDs provide higher power density, more efficient heat dissipation, and require a smaller portion of the board space, they are very suitable for a variety of general lighting applications, according to the firm’s analysts.

LED Canada is a Canadian LED manufacturer and distributor of commercial grade LED lighting bulbs, fixtures, lamps, retrofits, and more. Since 2010, our Vancouver B.C. location has helped hundreds of Canadian Companies and Individuals achieve significant energy savings. Discover the lesser known benefits of making the switch to LED Lighting today!

Welcome to Canada's source for LED lighting:

Residential
Commercial
Retail
LED Bulbs, Tubes, & Fixtures
Architectural LED Lighting
 

SOURCE: www.futurefarmtech.com




Disclaimer

FN Media Group LLC (FNMG) owns and operates FinancialNewsMedia.com (FNM) which is a third party publisher that disseminates electronic information through multiple online media channels. FNMG's intended purposes are to deliver market updates and news alerts issued from private and publicly trading companies as well as providing coverage and increased awareness for companies that issue press to the public via online newswires. FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. The companies that are discussed in this release may or may not have approved the statements made in this release. Information in this release is derived from a variety of sources that may or may not include the referenced company's publicly disseminated information. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. While this information is believed to be reliable, such reliability cannot be guaranteed. FNMG disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. This release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. This release is not without bias, and is considered a conflict of interest if compensation has been received by FNMG for its dissemination. To comply with Section 17(b) of the Securities Act of 1933, FNMG shall always disclose any compensation it has received, or expects to receive in the future, for the dissemination of the information found herein on behalf of one or more of the companies mentioned in this release. For current services performed FNMG has been compensated three thousand nine hundred dollars for Future Farm Technologies Inc. news coverage by the company.  FNMG HOLDS NO SHARES OF Future Farm Technologies Inc.

FNMG is not responsible for the content of linked external, third-party sites and does not make any representations regarding the content or accuracy of materials on such third-party Web sites. If you decide to access linked third-party Web sites, you do so at your own risk. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.