Future Farm Technologies Inc. (CSE:FFT) has completed its acquisition of a 120-acre industrial hemp farm in Maine. The company expects to harvest 1,700 plants per acre, which translate into approximately 10 kilos of CBD distillate per acre and $90,000 per acre in revenue. On 120 acres, the projected revenue would be $10.8 million.
Lico Energy Metals Inc. (TSX-V:LIC) has released assay results from the recently completed drill program on the Glencore Bucke property in Ontario. The most significant results include 7.64% cobalt over 0.26 meter and 4.45% cobalt over 0.30 meter.
Superior Gold Inc. (TSX-V:SGI) has released additional assay results from its drill program at the Plutonic gold mine in Western Australia. Highlights include 25.2 g/t Au over 10.15 meters.
Gowest Gold Ltd. (TSX-V:GWA) has also released assay results from infill drill program at the Bradshaw gold deposit in Ontario. Results include 66.7 g/t Au over 2.5 meters and 11.0 g/t Au over 1.75 meters.
LGC Capital Ltd. (TSX-V:LG) has signed a letter of intent with Creso Pharma Ltd. (Australia and Switzerland) and Baltic Beer Company Ltd. (United Kingdom) to develop and market a portfolio of cannabis and hemp derived alcoholic and non-alcoholic beverages.
Featured image: futurefarmtech.com
