FutureWorld Corp (FWDG)

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Item 8.01. Other Events

FutureWorld announces today that HempTech has signed a joint venture agreement with Verecis Corporation to further develop CannaTRAK® product line for the legal medical marijuana and the industrial hemp markets. Verecis has been a pioneer in the Enterprise Asset Management industry with Fortune 500 clientele for more than a decade. Seed to sale control and effective tracking has become a choke point in the growth of the legal medical marijuana industry. HempTech, together with Verecis, will mitigate and alleviate this considerable concern for current States and any future States allowing the creation of the legal medical marijuana industry. Compliance and governance will be the big drivers in adoption and growth of the U.S. medical marijuana industry. Without a proper compliance and governance framework, legal medical marijuana may continue to encounter considerable roadblocks for mass acceptance and adoption.