(TheNewswire)
January 21, 202 1 – TheNewswire - Southbridge MA - HighPurity Natural Products, a division of Future Farm Technologies (the"Future Farm" or the "Company") ( CSE:FFT ) (CNSX:FFT.CN) ( OTC:FFRMF ), is pleased to announcethat they are now offering financing options to wholesalecustomers .
High Purity Natural Products haspartnered with leading fintech platform Lendica Corp.
"We are incredibly excited to be able to offer financing servicesto clients in need of capital for growth," said Mike Matton,President of High Purity. "Customers with strong CBD andnutraceutical brands who are expanding their volumes can often use thecapital to ramp up their inventory to fill larger orders oraccommodate more prominent end-users."
"We started Lendica, a novel fintech credit platform, to helpbusinesses across all high growth industries reach scale faster withshort-duration capital." Said Jared Shulman, CEO of Lendica."We are thrilled to partner with High Purity Natural Products andbelieve their growing customer base can leverage our financing programto instantly achieve greater margins and a faster cashconversion."
Solutions for customers in achallenging growth market.
Bill Gildea, CEO of Future Farm Technologies, noted: "Werecognized that the most successful brands and retailers are the onesthat have rapid access to capital. When our customers can scale theirorders through short term funding, they significantly improve theirmargins. With limited financing options available to the hempindustry, we are delighted to secure a partner like Lendica. They willbe a tremendous benefit to all parties involved."
About High Purity NaturalProducts
Established in 2017, High Purity Natural Products is fueling the CBDindustry as a leading supplier of pure, hemp-based, and nutraceuticalproducts. The company's innovative products provide opportunitiesacross many retail, food, beverage, and supplement-based industries.
High Purity offers contract manufacturing for numerous CBD products,including USDA Certified Organic CBD, tinctures, vegan gummies, CBDdip pouches, lotions, balms, skin-care serums, vapes, and more. Theyalso provide bulk products to the CBD industry, such as isolate,distillate, and cutting-edge water-soluble CBG.
About Future Farm Technologies
Future Farm Technologies is a publicly-traded Canadian company thatempowers high-quality natural and organic health and wellness brandsglobally. Future Farm's seasoned management team brings a deepunderstanding of operations with the financial and regulatoryexpertise needed to become an industry leader in the rapidly growingmarket for health and wellness products made from hemp and otherplants.
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