ST. PETERSBURG, FL, May 30, 2014 (GLOBE NEWSWIRE) -- FutureWorld (OTCQB: FWDG), a U.S. Diversified Holding Company formed to capitalize on the burgeoning global market of Industrial Hemp, announces today that they are now included on the Marijuana Index (MJX). Marijuana Index includes both legal Medical Marijuana and Industrial Hemp related companies.
FWDG (OTCQB) stock has been added to the official Marijuana Index and we could not be more pleased. "Our hard work is finally paying off and giving us an chance to place our company before the eyes of the industry which is growing at an amazing rate with more powerful growth to come", said VP, Cameron Cox.
The MJX is the first and only registered equity tracking index which monitors the performance of new and qualified marijuana or cannabis stocks. It also gives constant news feeds and tracks the general pulse of the industry. Weighted by market-cap, the index provides investors with a centralized view of these pioneering securities which are positioned in a multi-billion dollar growth industry.
The newly weighted MJX Marijuana Index is multi-tiered and has a new site design which is scheduled to be released on or about July 1st, 2014. The tiers will include reporting issuers, non-reporting issuers, and Canadian issuers.
This is great news for FWDG and its subsidiaries, including HempTech, HempTechRx, URVape and CB Scientific, as we make great efforts to be completely transparent and compliant on the company and its subsidiaries. FWDG believes that investors need and have the right to see total transparency as shareholders and the fiduciary duty of the company is to provide just that. A dizzying chain of deals, SEC trading suspensions, and new market entrants have investors searching for credibility and viability of opportunities. The logical progression of these public markets should lend to increased investor confidence and attention toward company management, business plans, corporate oversight, and market potential. In the next few weeks, we hope to show our credibility and viability to prove FWDG as a great opportunity in our industry.
Complete internal and external governance and compliance with the government agencies and our shareholders will be a key factor in our push to become a driving force in this revolutionary industry. We are a Cannabis 2.0 company.
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 technology division catered to the industrial Hemp market. HempTech 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 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. FutureWorld does not grow, distribute or sale marijuana. To request further information about FutureWorld, please email us at investors@futureworldenergyinc.com or log onto our website at http://www.futureworldenergyinc.com, our facebook account at https://www.facebook.com/futureworldenergy and Tweet us at https://twitter.com/futureworldinc.
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.