ST. PETERSBURG, FL, June 9, 2014 (GLOBE NEWSWIRE) -- FutureWorld (OTCQB: FWDG) announces today that it has signed a
preliminary agreement with American Green in the distribution of
its ZaZZZ robotic dispensaries nationwide under the brand name
CaNNaBoX™. The partnership will be utilizing both companies'
technical background and rapidly expanding relationships in the
cannabis market. Our initial common goal is to reach a 1,500 unit
placement. Our recent JV agreement in Uruguay may influence the
number of placements substantially as we will target both national
and international markets. CaNNaBoX™ robotic dispensaries are
secure delivery and control systems for use in licensed cannabis
dispensaries and not "vending machines". Their specific design
benefits public safety, governance, dispensaries, and
consumers.
The Agreement ensued after an exhaustive search in and out of
the industry looking for partners and manufacturers to accelerate
our product offering in the automatic dispensary vertical. From
which, we concluded that American Green not only has the most
sophisticated technology in the industry, but also is a great fit
with our in-house technological expertise. We believe their
ultra-secure robotic dispensaries are best in class and have opened
remarkable opportunities for this burgeoning market, extending
profit for the dispensaries and convenience to the patients. We
will work diligently on both technological and creative level to
brand CaNNaBoX™ as central to the ZaZZZ network. We believe with
our internal technological patents on security and communication
technologies, we can contribute broadly to the effectiveness of the
ZaZZZ network under the CaNNaBoX™ brand name.
CaNNaBoX™ robotic dispensaries will be used in dispensing legal
medicinal cannabis and CBD-based pharmaceuticals &
nutraceutical infused with edible consumable goods, like hard
candies, granola, and other food products. We believe that the next
frontier in cannabis delivery related nutraceutical will be in the
automated dispensing world, accessible 24/7 in hospitals, hospice
care facilities, urgent care facilities, doctors' offices and
pharmacies. Industrial Hemp-oil related infused products, such as
chewables, candies, chocolates, and protein powders could be
dispensed at any location since it is legal on the federal level.
Internal synergy between CaNNaBoX™, HempTechRx™ (nutraceutical CBD
provider), and URVape™ will organically propel the company to
propagate sustained visibility and revenue.
CaNNaBoX™ will be marketed exclusively through our new
dispensary division, DispenseTek™. DispenseTek™ was created to
market and sell or lease dispensary related products and services
including but not limited to CaNNaBoX™.
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 Cannabis
markets globally. FutureWorld, together with its subsidiaries,
focuses on the identification, acquisition, development, and
commercialization of cannabis related products, such as industrial
Hemp. 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. FutureWorld and its subsidiaries do not grow,
distribute or sale marijuana. To request further information about
FutureWorld, please email us at investors@futureworldenergyinc.com,
log onto our website at http://www.futureworldenergyinc.com or
visit us at our Facebook page
https://www.facebook.com/futureworldenergy.
ABOUT AMERICAN GREEN, INC.
American Green, formally Altitude Organix, became the first
publicly-traded medical marijuana dispensary brand in the world.
Beginning in 2009, the company has developed retailing, branding,
and commercial cultivating strategies in conjunction with its
licensed medical marijuana retail dispensaries operating under the
Altitude Organic Medicine brand name. While the Company is no
longer associated with the Altitude Organic Medicine outlets in
Colorado and has replaced the Altitude Organix brand with American
Green, it has spent the past 18 months developing an "automated
dispensary" that will offer the company's proprietary products to
qualified adults in the US and around the world under its "ZaZZZ"
brand.
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
info@futureworldenergyinc.com
(239) 324-0000
