St. Petersburg, FL, March 18, 2014 (GLOBE NEWSWIRE) -- FutureWorld (OTCQB: FWDG), a U.S. Diversified
Holding Company formed to capitalize on the burgeoning technology
markets globally, announces today that it has created an advisory
board for a new planned division called HempTechRX. The new
division will concentrate on Cannabidiol (CBD) -based
Pharmaceutical & Nutraceutical products for the wellness and
nutritional supplement industry.
We believe the industrial hemp oil-based Cannabidiol (CBD)
nutritional supplement, wellness and personal care products will
become one of the biggest markets nationally. The global
Nutraceutical market is projected to be in excess of $200 billion
by 2015 and the current US Nutraceutical and Dietary supplement
market is valued at around $42 billion. The infusion of the
Cannabidiol (CBD) based products into this massive marketplace will
create significant opportunities for legal marijuana and hemp based
companies (and their shareholders) for the foreseeable future.
HempTech through HempTechRX is engaging to be part of this
significant opportunity.
Cannabinoids (non-psychoactive CBD) have been found to have
antioxidant properties, unrelated to NMDA receptor antagonism. This
new found property makes cannabinoids useful in the treatment and
prophylaxis of a wide variety of oxidation associated diseases,
such as ischemic, age-related, inflammatory and auto-immune
diseases. The cannabinoids are found to have particular application
as neuroprotectants, for example in limiting neurological damage
following ischemic insults, such as stroke and trauma, or in the
treatment of neurodegenerative diseases, such as Alzheimer's,
Parkinson's and HIV dementia.
HempTechRX's formation of an advisory board will establish an
operational, industry standard, division for Pharmaceutical &
Nutraceutical grade products for the wellness and nutritional
markets. HempTechRX's management team, through its association with
PharmaX, will have extensive access to all the necessary
information and resources to provide a sustainable and profitable
pharmaceutical-grade division of HempTech.
About FutureWorld
FutureWorld (Other OTCQB: FWDG), a Delaware corporation, is a
U.S. Diversified Holding Company, listed on the Over the Counter
exchange, which was formed to capitalize on the burgeoning markets
and technologies globally. FutureWorld, together with its
subsidiaries, focuses on the identification, acquisition,
development, and commercialization of burgeoning technologies, such
as industrial Hemp, globally through HempTech. HempTech, a
subsidiary of FutureWorld, is a technology division catered to the
industrial Hemp market. HempTech provides smart sensor technology,
communication network, surveillance security, data analysis for
smart cultivation and consultation for the industrial hemp and
legal medicinal marijuana. Our wireless agricultural smart sensor
networks offers precision to the agriculture, irrigation systems,
and greenhouses for the global Hemp industry. HempTech is also in
development, production and marketing of industrial hemp and legal
medicinal marijuana by-products throughout United States. To
request further information about FutureWorld, please email us at
investors@futureworldenergyinc.com
or log onto our website at http://www.futureworldenergyinc.com
Safe Harbor
This release includes forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
27E of the Securities Act of 1934. Statements contained in this
release that are not historical facts may be deemed to be
forward-looking statements. Investors are cautioned that
forward-looking statements are inherently uncertain. Actual
performance and results may differ materially from that projected
or suggested herein due to certain risks and uncertainties
including, without limitation, ability to obtain financing and
regulatory and shareholder approval for anticipated
actions.
CONTACT: Contact:
FutureWorld Energy
Investor Relations
(239) 324-0000
