St. Petersburg, FL, March 25, 2014 (GLOBE NEWSWIRE) -- FutureWorld (OTCQB: FWDG), a U.S. Diversified Holding Company formed to capitalize on the burgeoning technology markets globally, announces today that HempTech is in discussion with manufacturers to build automated state-of-the-art medical dispensaries and storage machines for dispensing medicinal marijuana and CBD-based Pharmaceuticals & Nutraceuticals infused with edible consumable goods, like hard candies, granola, and other food products.
The design and development of the CaNNaBoX will be based on current in-house technologies founded on Infrax Systems' core intellectual properties. The design will be based on secure mesh wireless architecture with multi-layered security protocols such as TPM and Elliptic curve cryptography. Access to the CaNNaBoX will be controlled by multi-access security points such as biometrics and RFID special access cards.
We believe that the next frontier in cannabis delivery and hemp and marijuana related Nutraceuticals 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.
As a provider of Cannabidiol (CBD) -based Pharmaceutical & Nutraceutical products for the wellness and nutritional supplement industry, HempTechRX will be a natural facilitator for the marketing and distribution of the CaNNaBoX. CaNNaBoX will be marketed and sold exclusively through HempTechRX.
For the past few weeks, we have introduced a glimpse of our business model at HempTech, mainly consisting of what we believe to be the fundamental platforms necessary for the sustenance and growth of the industry. We are utilizing proven technologies and sustainable business plan as we progress toward national acceptance of hemp and medical marijuana. We will continue fine tuning our business model by introducing essentials as we continue executing our vision. We believe that what is transpiring nationwide, and at some point globally, is a turning point and a once in a life time opportunity for the States, consumers and the investors.
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 and legal medical marijuana, globally, through HempTech Corp. 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 HempTech, please email us at investors@hemptechcorp.com or log onto our website at http://www.hemptechcorp.com or https://www.facebook.com/futureworldenergy.
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.