FutureLand Enters Its First Recreational Cultivation License in Oregon
DENVER, CO / ACCESSWIRE / August 31, 2016 / FutureLand Corp (OTCQB: FUTL), a leading provider of strategic real estate
investment, grow facilities, and solutions to the global cannabis industry, provides an update on its progress and direction of the
company.
Originally, FutureLand Corp's primary focus was on pursuing land leasing opportunities in states such as Colorado and
Washington. However, realizing the enormous opening of the medical and recreational cannabis sectors, we decided to expand the
scope of business to include medical and recreational cannabis cultivation.
Looking to the future, it seems natural to include the purchase of dispensaries and infused product licenses where vertical
integration is possible. While not all states currently allow publicly traded companies to have ownership, FutureLand realizes the
opportunity for ownership is on the horizon, and stands ready to take full advantage.
Initial expansion efforts are already underway, with initial advances just outside the city limits of Grants Pass in Southern
Oregon. FutureLand Corp Purchased 50% ownership of 78 acres from HSPendleton, LLC. Together with John Miller of Groovy Groves,
plans are underway to file for a recreational license in Josephine County and build out a recreational grow facility with a fully
integrated supply chain which consists of a sophisticated on-site cultivation facility and its portfolio of proprietary strains.
The estimated forward proforma 12-month GAAP revenue for Grants Pass, Oregon will be over $9 million.
"Based in Oregon, Grants Pass is strategically positioned to capitalize on the recreational cannabis market in Oregon, which is
expected to significantly expand in 2016. Today's announcement is a continuation of that vision and I am confident this acquisition
will enable FutureLand to achieve rapid growth for the benefit of its stockholders," says, CEO Mr. Cox.
"Also, our partners already have another site 10 miles away from Grants Pass where they possess a recreational cultivation
license and about 265 acres in Wolf's Creek, Oregon. FutureLand holds a first right of refusal on the property and opportunity. The
purchase of this property alongside Grants Pass will increase our estimated forward proforma 12-month GAAP revenue from $9 million
to $24 million," concludes Mr. Cox.
Always seeking additional advances, the company has not stopped looking at opportunities in Jamaica, California, other parts of
Oregon, Washington, Kentucky (Hemp), Canada, Puerto Rico and more. Included in this are some targeted acquisitions that could set
the stage for an up-list to a higher exchange.
Additionally, FutureLand is still working closely with HempTech (OTCPINK: HTCO) and Tinkerer's Obsession Labs to get 1000 grow
pods placed around the US and Canada for native tribes to grow cannabis in conjunction with the partnership group.
About FutureLand Corp
FutureLand Corp., a Colorado company, is a cannabis and hemp specialty zoned land leasing company formed to capitalize upon the
emerging global cannabis market. FutureLand, focuses on target acquisition, zoning, license fulfillment, site plan preparation and
financing of cannabis or hemp grow facilities throughout the United States. We give growers the opportunity to grow. We monetize
through leasing the land, leasing the structures on the land, financing interest revenue and management fees associated with
cultivation centers. FutureLand retains ownership of all the land and the structures. FutureLand leases to both medical marijuana,
retail marijuana as well as industrial hemp growers. FutureLand does not currently grow, distribute or sell marijuana, but this is
about to change. To request further information about FutureLand, please email us at info@futurelandcorp.com, log onto our website
at http://www.futurelandcorp.com, or visit us on FB @ futurelandcorp and Twitter @futurelandcorp.
About HempTech Corp
HempTech Corp (OTC PINK: HTCO), a Nevada corporation, is a provider of advanced Controlled Environment Agriculture (CEA) with
sophisticated automation and analytical tools for the cultivators of legal industrial hemp and cannabis. We design and engineer
specialized products using advanced sensors, process control techniques, big data aggregation, analytics and security solutions so
cannabis growers can easily and effectively control every aspect of their operation. Through HempTech technologies, virtually every
component of the plants' vegetative growth matrix and flower harvest is automated, documented and available in visible format both
in real time and historically. This simplifies operations and ensures that the baselines set by the master grower are adhered to by
the cultivation staff.
The Intelligent Automation Technology engineered for agricultural operations featuring CognetiX Cultivation Automation &
Analytic Software drives improvement in productivity, efficiency, quality and sustainability. This industrial grade advanced
Controlled Environment Agriculture (CEA) with analytical technology software, is being made available to small and large size
cultivators that are not yet available in the Cannabis market. HempTech's goal is to provide cost effective and efficient
cultivation of indoor cannabis through intelligent technologies and process control platforms.
HempTech's mission is to establish a reputation in the cannabis industry as a one-stop-shop that provides all the infrastructure
elements required by growers in a manner that is fully integrated, state-of-the-art, and secure. Products include the SPIDer™
(Secure Perimeter Intrusion Detection), SmartSense™, SmartEnergy, and analytics dashboard CognetiX™ through which HempTech Corp.
provides growers unparalleled data analysis capabilities to Know Your Grow! HempTech -- America's Future Taking Root Today.
To request further information about HempTech, please email us at info@hemptechcorp.com, log onto our website at
http://www.hemptechcorp.com or visit us at our Facebook page https://www.facebook.com/hemptechcorp or on Twitter @hemptechcorp.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform
Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement
of our services and products, statements about future market conditions, supply and demand conditions, and other expectations,
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Contact:
Media Contact FutureLand Corp. http://www.futurelandcorp.com info@futurelandcorp.com cox@futurelandcorp.com (720) 370-3554
Twitter - @futurelandcorp Facebook - futurelandcorp
SOURCE: FutureLand Corp
