St. Petersburg, FL, March 21, 2014 (GLOBE NEWSWIRE) -- FutureWorld (OTCQB: FWDG ), a U.S. Diversified Holding Company formed to capitalize on the burgeoning markets of the Industrial Hemp, Legal Medical Marijuana and related Pharmaceuticals & Nutraceuticals globally, announces today that HempTech, a FutureWorld subsidiary, has selected Mr. Cameron Cox as VP of Business Development to head the land and property acquisition division for HempTech Corp. Company's initial land and property acquisition strategy will be geared toward negotiating, leasing or acquiring hemp farms and legal medical marijuana dispensary locations nationwide. Negotiating property locations for Hemp farming and, especially, medical marijuana dispensaries with quality control-labs will be a key factor in success. With thousands of dispensaries popping up nationwide and thousands of acres of land that will be earmarked for hemp farming, the Company sees great opportunity to be part of the land or location deal transactions.
Mr. Cox's work as a commercial real estate agent coupled with his knowledge of development have aided in many very successful arbitrage land deals and mixed use projects. As President of Blackwood Development Corp and Basil Consulting, he has often worn a venture capitalist hat as well. Mr. Cox has worked for Century 21, Charles Rutenberg, and a number of other private real estate firms over the years. He is a United States Army veteran and graduate of Michigan State University with a Bachelor of Arts in the Art and Science of Communication. He attended Westminster Seminary in Philadelphia for a Master of Divinity and studied Master of Business Administration program at the University of South Florida, St. Petersburg.
HempTech will continue to appoint quality individuals with relevant knowledge base for the execution of our business plan and increasing shareholder value.
http://www.hemptechcorp.com
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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 division catered to the industrial Hemp market and legal medical marijuana. HempTech provides smart sensors and data analysis technology, RFID tracking systems, communication network, surveillance security, cannabis testing labs and pharmaceutical grade hemp oil and medicinal marijuana infused by-products.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: FutureWorld Energy Investor Relations (239) 324-0000
