Denver, CO, July 25, 2017 (GLOBE NEWSWIRE) -- FutureLand Corp. (OTC: FUTL), a leading provider of strategic real estate
investment, grow facilities and material solutions to the medical and recreational global cannabis industry, announced today that
it has entered into an agreement to joint venture with Greenleaf Holdings, LLC. to acquire an established Solar Technology
group. GreenLeaf Holdings will be acquiring 80% of Amps Electric, Inc. set to close within the next 14 days.
Cameron Cox, CEO of FutureLand Corp. said, "Solar Energy has often been seen as the “holy grail” of energy sources and it has
come a long way in the last 10 years. I am very excited about the direction of the company and this play as it pertains to
marijuana.”
One truth about cannabis is that is often overlooked by the public is how power hungry it is. Growing in the wild,
marijuana just sucks up as much sunlight as it needs. But for indoor and supplemental power needs growers have had to keep
pace with the plant. A study by scientist Evan Mills, with the Lawrence Berkeley National Laboratory, revealed that legalized
indoor marijuana-growing operations account for 1% of total electricity use in the US, at a cost of $6bn per year. And this
number is most certainly rising with the increases of legalized medical and recreational marijuana throughout the United
States.
Amps Electric, Inc. is a Massachusetts company that deals in solar energy. Of course, the company supplies solar energy to
any power need, but cannabis is going to be a huge addition to their erupting portfolio. Amps currently has annual revenues
exceeding $5,000,000 and believes it can achieve as much as $10,000,000 by the years end. Because of the nature of many
cannabis grows, being secluded on the one hand, and needing to operate self-sufficiently on the other, it makes a lot of sense for
FutureLand to include this opportunity within its canopy of offerings.
In 2014, a report by the Northwest Power and Conservation Council estimated marijuana operations could grow Washington
electricity demand between 60 MW and 160 MW over the next 20 years. Regional demand, including producers in Idaho,
Montana, Oregon and Washington, could reach almost 250 MW by 2035.
In 2015, Utility Dive reported that Pacific Power experienced 7 localized outages due to demand overloads attributed to marijuana grow
operations.
“This is cutting edge technology that is really going to bring down the costs of some major hydroponic grow operations here in
the states”, said GreenLeaf principal Maury Winnick. “John Bianchi, of Amps Electric, is a great operator and we are pleased
to join forces with him and his company to help create shareholder value in FutureLand Corporation.”
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. 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.
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,
intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our
expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce
today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar
expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a
number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets. This
release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the
Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking
statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may
differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation,
ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Contact: Media Contact FutureLand Corp. http://www.futurelandcorp.com info@futurelandcorp.com cox@futurelandcorp.com (720) 370-3554 Twitter - @futurelandcorp Facebook - futurelandcorp
