marijuana stock news

Form 8-K for FUTUREWORLD CORP.


3-Feb-2015

Other Events

Item 8.01. Other Events.On January 25, 2015, the Company’s board of directors have elected to sell 100% interest in HempTech Corp. for an unspecified price to a publicly traded company. The decision was made based on the public company’s offer, shareholder interest and HempTech’s innate value through its extensive IP portfolios and signed agreements. The sell price is currently being negotiated and evaluated by a third party firm. The transaction will be based on all stock or stock and cash and it is expected to complete by the third week of February. Company is expected to dividend out the proceeds shortly after.

More information will be provided when details on the agreement including the purchase price has been clarified.

 


MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
1 comment
Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Trulieve Cannabis Corp. (TCNNF) Connected Cannabis Expand Partnership to Florida

Trulieve and Connected Cannabis Expand Partnership to Florida Trulieve Cannabis Corp. (CSE:…

High Tide Inc. (HITIF) Reports First Quarter 2020 Financial Results

High Tide Reports First Quarter 2020 Financial Results Featuring 173% Revenue Increase…

Roadman Investments Corp. (LITT) (RMANF) Investments Applauds the City of Chicago’s Decriminalization of Entheogenic Plants

Roadman Investments Applauds the City of Chicago’s Decriminalization of Entheogenic Plants  …

4Front Ventures Corp. (FFNTF) to Report Second Quarter 2024 Financial Results on August 14, 2024

4Front Ventures to Report Second Quarter 2024 Financial Results on August 14,…