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 email@example.com, log onto our website at http://www.futureworldcorp.com or visit us at our Facebook page https://www.facebook.com/futureworldenergy.
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.
Source:FutureWorld Energy Inc.