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Your email address will not be published.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

Terra Tech Corp. (TRTC) Subsidiary, Edible Garden, Selected to Supply Organic Leafy Greens to Leading National Grocery Chains

Terra Tech Subsidiary, Edible Garden, Selected to Supply Organic Leafy Greens to…

Cresco Labs Inc. (CRLBF) to Report First Quarter 2021 Financial Results on May 27th

Cresco Labs to Report First Quarter 2021 Financial Results on May 27th…

GW Pharmaceuticals plc (GWPH) to Present Epidiolex® (cannabidiol) Data at the American Epilepsy Society Annual Meeting

GW Pharmaceuticals and U.S. Subsidiary Greenwich Biosciences to Present Epidiolex® (cannabidiol) Data…

Future Farm Technologies Inc. (FFRMF) Maine’s Strong Cherry Wine Hemp Seed Sales Continue

Future Farm Maine’s Strong Cherry Wine Hemp Seed Sales Continue   Future…