Now Futureworld sell Futureland :-)https://ih.advfn.com/p.php?pid=nmona&article=65593001
About Futureland :
Futureland Properties was formed to purchase land for lease to Grows. The first land purchase was 237 acres in Colorado that closed on October 30, 2014. They signed a 5 year land and greenhouse lease agreement with their first client and are currently in the process of getting all the "redtape" worked through with Huerfano County in CO...Updates from the company are expected
(catalyst!)
FutureLand Properties Goes to Contract with Colorado Flower Company
The master lease agreement is a three prong agreement consisting of:
1- Land lease agreement by FutureLand Properties,
2- Greenhouse development and operational technology agreement by HempTech Corp.
3- Testing and Lab equipment technology agreement by CB Scientific Inc.
https://www.weedtv.com/futureland-properties-goes-to-contract-with-colorado-flower-company/
8K filing detailing the 5-Year lease agreement for 37 acres:
Base Rent is calculated at the rate of
$10,000 per acre per month both for the reservation of land accommodating future expansion and/or occupancy associated with current use by Tenant within the 37 acres of Leased Premises. Such sum shall be annualized but payable in equal monthly installments. In addition to the payment of Base Rent, Tenant shall pay to Landlord,
$205,000 per month (payable in equal monthly installments to accompany Tenant’s payment of Base Rent) for Tenant’s use of the greenhouse, processing equipment, Spider Security Technology, SmartSense, SmartNergy™, CaNNaLyTiX™, and growing/laboratory equipment (hereinafter referred to as the “Equipment Fee”) located on the Property provided by HempTech Corp and CB Scientific. HempTech Corp., a FutureWorld Corp. subsidiary, will supply Spider Security Technology, SmartSense, SmartNergy and CaNNaLyTiX and shall contract with FutureLand Properties, LLC to provide it to the grow. CB Scientific, a FutureWorld Corp. subsidiary, will supply all testing and laboratory equipment and shall contract with FutureLand Properties, LLC to provide it to the Grow. The Equipment Fee and Base Rent are collectively referred to hereinafter as “Rent”. Detail on the equipment supplies from HempTech and CB Scientific will be provided on exhibits through separate agreement with the suppliers.
https://biz.yahoo.com/e/141205/fwdg8-k.html
*****OK STOP*****
Lets read that again...
$10,000 per acre per month PLUS $205,000 per month...37 acres
37 acres x $10,000 = $370,000 per month + $205,000 per month =
$575,000 per month x 12 =
$6.9 million per year annual revenue
This is for those 37 acres...FWDG has 237 acres total available for lease!
FutureWorld (FWDG) Subsidiary FutureLand Properties, LLC Closes on 237 Acres South of Denver
https://finance.yahoo.com/news/futureworld-fwdg-subsidiary-futureland-properties-140000711.html
FutureWorld (FWDG) to Construct Large Cannabis Cultivation Greenhouse for Clients in Colorado
https://finance.yahoo.com/news/futureworld-fwdg-construct-large-cannabis-121500047.html
FutureWorld (FWDG) Initiates "Model Home" Cannabis Cultivation Project in Colorado
https://finance.yahoo.com/news/futureworld-fwdg-initiates-model-home-135832539.html