Vancouver, BC - TheNewswire - January 13, 2023 - Future Farm Technologies Inc. (the “Company,” “Future Farm” or “FFT”) (OTC:FFRMF) is providing an update to its shareholders.

Future Farm has not yet been able to close a financing that would provide the resources to complete audits and meet other requirements to allow its shares to trade again.  At this point, management does not have enough information to accurately predict when it will meet those goals.

Notwithstanding the challenges it has encountered, the management of Future Farm remains highly engaged to find the funding to support both the business operations and to get the stock trading again.  As part of the effort to find funding, Future Farm is continuing its strategy to leverage its expertise in plant-based products and sustainable technology to find funding at the subsidiary level.  

Future Farm is also announcing that it has accepted Roy McDonald’s resignation as CEO, effective immediately, to pursue other opportunities and wishes him well.  William Gildea will resume his role as CEO while the company continues to pursue financing.  He can be reached at info@futurefarmtech.com.

On behalf of the Board,

Future Farm Technologies Inc.

William Gildea, Chairman

For further information, contact Investor Relations at investor@FutureFarmTech.com.

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. There is no guarantee that the Company will be successful in its efforts to further develop its existing hemp operations, or that the Company will be able to raise sufficient capital to execute on its intended business plan and objectives. 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.