DENVER, CO--(Marketwired - April 20, 2016) - HempTech Corp (OTC PINK: BLDWD), a provider of advanced Controlled Environment Agriculture (CEA) with sophisticated automation and analytical tools for the cultivators of legal cannabis, announces today that its board of directors has approved major investments in Southern Colorado by constructing advanced cannabis grow facilities using Company's proprietary container based grow pods, grow.droid II, on leased land. The grow.droid II grow pods or containers are the fastest, the most efficient and the most cost effective way to launch and expand a licensed grow facility. It provides Plug & Play grow solution that streamlines the start-up process and begins generating revenue in less time than conventional grow or greenhouses.
HempTech, in partnership with local license holders, will initially fund two grow.droid II grow pods and expand as the regulations allow. HempTech will participate in the revenue through facility lease fees and management fees. The grow.droid facilities will also second as demo units for our sales force in Colorado.
HempTech will be leasing its land in Colorado for its grow pods, grow.droid II, from FutureLand Corp (OTC PINK: FUTL) on a five-year term. With a successful implementation in southern Colorado, HempTech may consider other locations in other legal States for further development.
Since 2014, HempTech Corp, a subsidiary of FutureWorld Corp (OTC PINK: FWDG), in cooperation with FutureLand Corp (OTC PINK: FUTL), has spent substantial amount of resources to develop state-of-the-art automation technologies for the growers and cultivators in the burgeoning cannabis industry.
With Intelligent Automation Technology engineered for agricultural operations featuring CognetiX Cultivation Automation & Analytic Software, which drives improvement in productivity, efficiency and quality, small to large size cultivators will have access to industrial grow technology not yet available in the Cannabis market. HempTech's goal is to provide cost effective and efficient cultivation of indoor cannabis through intelligent technologies and process control platforms.
About HempTech Corp
HempTech Corp (OTC PINK: BLDWD), a Nevada corporation, is a provider of advanced Controlled Environment Agriculture (CEA) with sophisticated automation and analytical tools for the cultivators of legal industrial hemp and cannabis. We design and engineer specialized products using advanced sensors, process control techniques, big data aggregation, analytics and security solutions so cannabis growers can easily and effectively control every aspect of their operation. Through HempTech technologies, virtually every component of the plants' vegetative growth matrix and flower harvest is automated, documented and available in visible format both in real time and historically. This simplifies operations and ensures that the baselines set by the master grower are adhered to by the cultivation staff.
HempTech's mission is to establish a reputation in the cannabis industry as a one-stop-shop that provides all the infrastructure elements required by growers in a manner that is fully integrated, state-of-the-art, and secure. Products include the SPIDer™ (Secure Perimeter Intrusion Detection), SmartSense™, SmartEnergy, and analytics dashboard Cognetix™ through which HempTech Corp. provides growers unparalleled data analysis capabilities to Know Your Grow! HempTech -- America's Future Taking Root Today.
To request further information about HempTech, please email us at info@hemptechcorp.com, log onto our website at http://www.hemptechcorp.com or visit us at our Facebook page https://www.facebook.com/hemptechcorp or on Twitter @hemptechcorp.
About
FutureWorld Corp.
FutureWorld Corp (OTC PINK: FWDG), a Delaware corporation, is a leading provider of advanced technologies and solutions to the global cannabis industry. FutureWorld, together with its subsidiaries, focuses on the identification, acquisition, development, and commercialization of cannabis related products and services, such as industrial Hemp. FutureWorld, through its subsidiaries, provides personal and professional THC and HTD test kits, pharmaceutical grade HTD oil solutions, SafeVape vaporizers, smart sensor technology, communication network, surveillance security, data analysis for smart cultivation and consultation for the industrial hemp and legal medicinal cannabis. Our wireless agricultural smart sensor networks offer precision to the agriculture, irrigation systems, and greenhouses for the global cannabis and hemp industry. FutureWorld and its subsidiaries do not grow, distribute or sell marijuana. As the only Cannabis Technology Accelerator, FutureWorld will incubate and fund leading technologies, products, and services for Cannabis industry (Industrial Hemp) for foreseeable future; bringing value to its core and its shareholders.
To request further information about FutureWorld, please email us at info@futureworldcorp.com, log onto our website at http://www.futureworldcorp.com or visit us at our Facebook page facebook.com/futureworldcorp or on Twitter @futureworldinc.
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