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"It is a fantastic business plan that will give back to our shareholders again and again", says CEO of FutureWorld, Sam Talari.
The manner in which FutureLand monetizes is through leasing the land, the greenhouses, management and maintenance contracts.
FutureLand Properties, LLC does not profit from the actual sales of any cannabis products as required by Colorado State law.
After purchasing 237 acres in Huerfano county on Oct. 31st, 2014, it has been all business getting the operation lined up for production.
FutureWorld and its subsidiaries do not grow, distribute or sell marijuana.
Since the change in laws in the state of Colorado allowing cannabis grows to be separate and distinct ventures not attached to dispensaries, FutureLand Properties, LLC has been looking to carve out a niche for itself that would allow it to not only provide land for growers to grow, but also showcase HempTech Corp's technology products.
Colorado Flower Company is already planning future expansion and we have plenty of land for them to grow".
"The Colorado Flower Company has a great team and we know that their success will become our success", said VP Cameron Cox. "This is only the beginning.
The master lease agreement is a three prong agreement consisting of;
1- Land lease agreement by FutureLand Properties,
2- Greenhouse development and operational technology agreement by HempTech Corp.,
3- Testing and Lab equipment technology agreement by CB Scientific Inc.
The master lease agreement calls for six figure monthly lease payments for the land, the greenhouse and the technology.
ST. PETERSBURG, FL, Dec. 9, 2014 (GLOBE NEWSWIRE) -- FutureWorld Corp. (OTCQB; FWDG), a leading provider of advanced technologies and solutions to the global cannabis industry, announces today that FutureLand Properties, LLC, a subsidiary of FutureWorld Corp., has entered into a 5 Year land and greenhouse lease agreement with Colorado Flower Company, LTD, a Colorado LLC, for the growing of medical and recreational cannabis.
FutureWorld (FWDG) Subsidiary FutureLand Properties Signs 5 Year Lease with Cannabis Grower
The cannabinoids are found to have particular application as neuroprotectants, for example in limiting neurological damage following ischemic insults, such as stroke and trauma, or in the treatment of neurodegenerative diseases, such as Alzheimer's, Parkinson's and HIV dementia.
This new found property makes cannabinoids useful in the treatment and prophylaxis of a wide variety of oxidation associated diseases, such as ischemic, age-related, inflammatory and auto-immune diseases.
Cannabinoids (non-psychoactive CBD) have been found to have antioxidant properties, unrelated to NMDA receptor antagonism
FutureWorld through CB Scientific and URVape will be part of this significant opportunity.
The infusion of the Cannabidiol (CBD) based products into this massive marketplace will create significant opportunities for the first movers.
The global Nutraceutical market is projected to be in excess of $200 billion by 2015 and the current US Nutraceutical and Dietary supplement market is valued at around $42 billion.
The industrial hemp oil-based Cannabidiol (CBD) nutritional supplement, wellness and personal care products will become one of the biggest markets nationally.
We suggest companies and individuals in need of high quality organic CBD Hemp oil for infused, vaporizing or medical purposes, to contact FutureWorld at; cbdoil@futureworldcorp.com.
The company projects a significant increase in revenues from sales of these products.
The Company is expecting to deliver to the market as much as several thousand kilograms of organic high-quality CBD oil by the end of 2015 through exclusive agreements with Hemp farmers globally.
Both CB Scientific and URVape will be selling and distributing high quality organic CBD oil by mid December 2014.
URVape has designed specialty cartridges or atomizers for the vaporizing of CBD.
The Company will process the CBD oil for multiple Nutraceutical and Infusion companies through URVape and CB Scientific.
We are pleased that we have reached this important milestone for the Company and its future.
The Company has spent months in resources to locate quality organic CBD oil, toxin and heavy metal free, for the US market.
ST. PETERSBURG, Fla., Dec. 10, 2014 (GLOBE NEWSWIRE) -- FutureWorld Corp. (OTCQB; FWDG), a leading provider of advanced technologies and solutions to the global cannabis industry, announces today that the Company has received its first major shipment of organic, high quality, CBD oil, for the purpose of distributing CBD-based Pharmaceuticals & Nutraceutical products.
FutureWorld (FWDG) Receives Major Shipment of CBD Oil for CBD-based Pharmaceuticals & Nutraceutical
The tests have been featured on ABC, CBS, Fox, The Adam Dunn Show, as well as in publications such as High Times and Forbes Magazine.
he kits are also available for purchase worldwide online at www.cbscientific.com.
Both THC and CBD home testing kits are available at several outlets in Alaska, Michigan, California, Washington and Colorado, specifically head shops, dispensaries and grow stores.
These affordable and high-quality tests provide results in ten minutes or less, and have numerous uses for recreational and medical purposes, including patients who need to use medical cannabis and hemp-related products such as CBD oil.
CB Scientific's PersonalAnalytics are the first tests for consumers that are available for personal use to test for cannabinoids, including THC and CBD, outside of a lab setting.
We constantly strive to discover disruptive products in our sector, and this peer recognition is confirmation of our efforts."
"This award further demonstrates that we are not just a technology and solutions company to the cannabis industry, but we are truly innovators in the space.
"To win this award, just 94 days after the launch of the Test Kit products, is truly an honor", said CEO of FutureWorld, Sam Talari.
The Cannabis Business Awards are presented to cannabis industry businesses, individuals and organizations, in both medical and recreational sectors as well as ancillary industries. Awards go to those deserving of historical recognition and esteemed accolades.
ST. PETERSBURG, FL, Dec. 16, 2014 (GLOBE NEWSWIRE) -- FutureWorld Corp. (OTCQB; FWDG), a leading provider of advanced technologies and solutions to the global cannabis industry, announced that CB Scientific, a subsidiary of FutureWorld Corp., has received the "Product of the Year" from the Cannabis Business Awards.
FutureWorld (FWDG) Subsidiary CB Scientific Awarded Product of the Year from the Cannabis Business Awards