ST. PETERSBURG, Fla., Oct. 14, 2014 (GLOBE NEWSWIRE) -- FutureWorld Corp. (OTCQB: FWDG), a leading provider of advanced
technologies and solutions to the global cannabis industry,
announces today that they are entering operations at the front end
of the Cannabis value chain. "We see multiple stages in this
process that can be duplicated state-by-state with efficiency and
purpose", said CEO Sam Talari. "This is where the proverbial
rubber meets the road".
The First Stage is to buy the land.
FutureWorld has gone to contract on 237 acres in Colorado with a
closing date set for October 30, 2014. This is the
opportunity FutureWorld has been waiting for to showcase the entire
depth and breadth of its product lines, including their
leading-edge technology and related products. It is the
culmination of everything FutureWorld has been working toward since
entering the sector.
The Second Stage is to clear the land. Once we
seen to any structural impediments we will begin to till the soil
and prepare it for seed planting and cultivation.
The Third Stage is to build the greenhouse.
FutureWorld envisions numerous indoor structures which will enable
growers to continue operations even during the winter months where
outdoor farming would be impossible. FutureWorld will also be
financing the greenhouses and leasing them to the growers.
"It's about harnessing every possible revenue stream we can and at
the same time setting the stage to pilot the ultimate idyllic and
pragmatic cannabis cultivation center", exclaimed VP Cameron
Cox.
The Fourth Stage is to supply/finance operating
technologies. FutureWorld is perfectly
vertically-integrated to supply its full suite of technologies to
any grow operation. It's full line of products, including HempTech
Corp's SmartSense™, CaNNaLyTiX™, SmartNergy™, SPIDer security and
CB Scientific's testing matrices; all will be part of this package
deal.
The Fifth Stage will be ongoing maintenance for the
cultivation center. All of the technologies that we
provide to the growers will have ongoing maintenance contracts
attached to them that will keep FutureWorld at the core of
everything necessary to make a successful operation. FutureWorld,
is happy to simply lease and finance "Model Home" Cannabis
Cultivation Projects wherever they are sought.
"Recent changes in law, in the State of Colorado, now allow
separation between cultivation centers and dispensaries on the
recreational level, opening up enormous opportunity for companies
like ourselves", stated Cox. "It is important to strike while
the iron is hot, and strike we shall!"
ABOUT HEMPTECH CORP
HempTech, a subsidiary of FutureWorld, is a technology division
catering to the cultivators of industrial hemp market and legal
medical marijuana. HempTech provides cutting edge technology that
allows cultivators to securely collect and analyze every aspect of
a horticultural operation. SPIDer™ provides Secure Perimeter
Intrusion Detection and is a state of the art security solution for
a cultivation operation. Through their proprietary data
collection system SmartSense™ and analytics dashboard CaNNaLyTiX™
HempTech Corp. provide growers unparalleled data analysis
capabilities for their plants. SmartNergy™ not only controls
every aspect of electrical usage within a cultivation operation, it
is also actively managing settings and monitoring usage to make
sure the #1 cost of an operation, energy, is monitored and
controlled at optimum levels at every stage of processing a
harvest. Couple in CannaTRAK™, our ground up remodeling of a
"Seed to Sale" tracking software system, and master growers will be
handed a complete toolset for their operations that is
unprecedented in the industry. CaNNaLyTiX's sophistication will
show the master growers exactly how a harvest came into
being. Imagine being able to see in graphical format exactly
how much nitrogen or moisture was in the soil throughout the entire
grow cycle. Imagine having the knowledge of exactly how much
CO2 was in the air or the air temperature at every point of the
grow cycle. Virtually every component of the plants vegetative
growth matrix and ultimate flower harvest is tracked, documented
and available in visible format both in real-time and historically
to ensure that the baselines set by the master grower are adhered
to by the cultivation staff. CaNNaLyTiX™, providing essential
tools to Know Your Grow! HempTech - America's Future Taking Root
Today.
ABOUT CB SCIENTIFIC
CB Scientific (http://www.cbscientific.com) is a wholly-owned
Florida company based in Denver, Colorado. CB Scientific is
continuing to develop new technologies specifically for cannabis
analytics. The senior management team includes Charlie Steinberg
and Derek Lebahn. Mr. Steinburg and Mr. Lebahn are some of the
primary men advancing gas chromatography testing in Colorado. Mr.
Steinburg has also pioneered residual solvent testing for medical
cannabis and has always strived to help patients know exactly what
they are buying. CB Scientific believes every product sold to
patients as "Medical Quality" should be inspected for health
benefits, safety, consistency, purity, potency and packaged
properly for distribution.
Senior management team of CB Scientific have worked with many of
the cannabis industry leaders in Colorado and have also been
featured in cannabis industry publications including High Times
Magazine, a variety of trade publications, on-air interviews and
panel discussions across the United States. CB Scientific's focus
has been the education and safety of consumers combined with
innovation to put power into the hands of the patients. These
values of providing analytical ability to patients is something
that FutureWorld is pleased to embrace while always striving to
raise the bar of cannabis analytics even higher.
ABOUT FUTUREWORLD CORP
FutureWorld, 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. FutureWorld
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 offer precision to
the agriculture, irrigation systems, and greenhouses for the global
Hemp industry. FutureWorld and its subsidiaries do not grow,
distribute or sell marijuana.
To request further information about FutureWorld, please email
us at investors@futureworldcorp.com,
log onto our website at http://www.futureworldcorp.com
or visit us at our Facebook page https://www.facebook.com/futureworldenergy.
Forward-Looking Statements
This press release may contain forward-looking statements covered
within the meaning of the Private Securities Litigation Reform Act
of 1995. These forward-looking statements relate to, among other
things, plans and timing for the introduction or enhancement of our
services and products, statements about future market conditions,
supply and demand conditions, and other expectations, intentions
and plans contained in this press release that are not historical
fact and involve risks and uncertainties. Our expectations
regarding future revenues depend upon our ability to develop and
supply products and services that we may not produce today and that
meet defined specifications. When used in this press release, the
words "plan," "expect," "believe," and similar expressions
generally identify forward-looking statements. These statements
reflect our current expectations. They are subject to a number of
risks and uncertainties, including, but not limited to, changes in
technology and changes in pervasive markets. 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: Media Contact
FutureWorld Corp.
Http://www.futureworldcorp.com
Investor Relations
info@futureworldcorp.com
cox@futureworldcorp.com
(727) 474-1816 ext. 103
