Welcome to our dedicated page for Farmhouse news (Ticker: FMHS), a resource for investors and traders seeking the latest updates and insights on Farmhouse stock.
Farmhouse Inc. reports developments tied to its intellectual property portfolio, public-company platform and digital-asset strategy. The company has described holdings that include domains and trademarks, and its announcements have addressed strategic acquisitions, working-capital financing and equity-facility arrangements involving its common stock.
The company's public announcements have also covered web3 and cannabis-brand licensing initiatives, including NFT-related partnerships, artist collaborations and licensed brands associated with Bored Ape Yacht Club and Mutant Ape Yacht Club assets such as Oro Blanco and Mega Robot. Other recurring updates include material agreements, capital-structure matters, shareholder voting topics and operating and financial results.
On July 7, 2021, Farmhouse, Inc. (OTC:FMHS) announced a significant legal victory for its subsidiary Farmhouse DTLA, recovering a 49% equity interest in Los Angeles Farmers, Inc. after four years of litigation. The California Superior Court ruled that the company is entitled to profits and proceeds from 2017 onwards, alongside a 10% prejudgment interest. Los Angeles Farmers operates a multi-licensed cannabis facility in a prime Los Angeles location. A court-appointed Monitor will assess the value of profits owed to Farmhouse, expected to report by Q4 2021.
Farmhouse (OTC:FMHS) announces the launch of its new Membership Benefits Program through its WeedClub® Platform, aimed at the cannabis and hemp industries. This program offers subscribers exclusive deals on essential products and services, helping small-to-medium businesses enhance operational efficiency amidst increasing competition. The annual subscription is priced at $149, and the company aims to achieve at least 10,000 subscribers by year-end. The WeedClub® Platform serves as a professional social network, connecting cannabis professionals and supporting their growth in the sector.