NEW YORK, NY -- (Marketwired) -- 04/29/14 -- Worldwide Internet, Inc. (OTC Pink: WNTR) (PINKSHEETS: WNTR) ("Worldwide") announced today that its portfolio company Green Company Holdings is currently evaluating land acquisitions with potential partners in The Green Fund (www.thegreenfund.us).
The company has identified potential properties that will provide for collectives of master gardeners and business-minded individuals looking to be the premier legal cultivator of wholesale marijuana. The members of this collective see a huge business opportunity in this booming industry and want to use the power of the sun and green houses to produce product year round for marijuana dispensaries.
The land will have greenhouses that will be constructed with steel frames and a polycarbonate covering. These state of the art houses will be fully climate controlled, making it possible to operate year round. They will have separate areas to allow for different growing methods as well as supporting all phases of plant growth. The facilities will provide significant advantages to keep production costs low while still being able to reach the highest quality.
The parties will work together to further identify properties for The Green Fund.
Frank Kristan, President of Worldwide Internet, Inc., stated that:
"We see this as a significant opportunity to diversify our holdings with The Green Fund and further develop companies in the medical marijuana industry. We continue to add companies to our fund and look forward to additional transactions in the near future."
About Worldwide Internet, Inc.
Worldwide Internet, Inc. (OTC Pink: WNTR) (www.worldwideinternetinc.com). The company is now focused on making acquisitions of business operations and investments to create a diversified holding company.
About The Green Fund
The Green Fund (www.thegreenfund.us) is a comprehensive group of qualified Small Cap Public Companies in the Emerging Hemp and Medical Marijuana Sectors that strives to bring up to date Actionable Investment Intelligence on the pulse of these rapidly growing industries.
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