Future Farm to make luxury cannabis brand with Hampton
FUTURE FARM Technologies Inc. has signed an exclusive licence agreement with the Hampton Chocolate Factory LLC to develop a premier upscale cannabis brand called Hamptons Reserve. The Hamptons Reserve brand solidifies the company’s move into edibles, oil and flower sales, and positions the company as a leading cannabis brand for sophisticated consumers who want only the best in terms of taste and purity.
Future Farm will leverage its existing high-quality cannabis oils and flower products to develop an extensive product line comprising products infused with THC (tetrahydrocannabinol) and CBD (cannabidiol), including gummies, chocolate bars and other products that will be marketed under the exclusive Hamptons Reserve brand. The company also acquired the right to sublicense the Hamptons Reserve brand worldwide.
“We are excited to add this unique, recognizable upscale brand as part of our product offering,” said Bill Gildea, Future Farm’s chief executive officer. “With the Hamptons Reserve brand, we will instantly be able to command the attention of cannabis enthusiasts looking for the highest-quality edibles, while at the same time opening the door to licensing revenue.”
The Hampton Chocolate Factory LLC has established itself as the premier chocolate company in the Hamptons, which embodies upscale quality and taste. It has two locations, including the original in Hampton town, Westhampton Beach, N.Y., and another in the North Fork foodie destination of Greenport, N.Y.
“As a resident of the Hamptons, I am excited to export our luxury chocolate brand outside of Long Island so it can take its rightful place among the biggest and most recognizable brands,” commented Evan Gappelberg, chief executive officer of the Hampton Chocolate Factory. “The development of Hampton Reserves accelerates our plans to expand the Hampton Chocolate Factory brand globally.”
About Future Farm Technologies Inc.
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.
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William A Gildea, Donald Scott McDermid, Craig Stanley, John Sweeney
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