Saint Petersburg, FL, July 7, 2015 (GLOBE NEWSWIRE) -- FutureLand Corp. (FUTL), a leading provider of strategic real estate investment and grow facilities and solutions to the global cannabis industry, announces the following letter to its shareholders from its President and CEO, Cameron Cox:
Dear Fellow Shareholders, as the CEO of FutureLand Corp, I would like to update all of you on our current business progress and upcoming events:
First, I want to thank the shareholders of FutureWorld Corp. (FWDG) for being patient with us, FutureLand Corp. (FUTL), while we have gone through the process of getting our new ticker symbol established and approved through FINRA. This was step number one for being able to provide the promised dividend which we were pleased to deliver in the middle of June. We believe this will be a real boon for shareholders as we expect great things from FutureLand Corp. in the not too distant future. We are also in the process of clearing the S1 for filing with SEC. Initial documentation is the substantial part of the process.
FutureLand has been very busy building a sustainable business plan and laying the groundwork for an incredible and productive year. Currently FutureLand has a LOI with Second Sun Grow to partner on a deal in Oregon. The proposed deal involves cultivation centers, dispensaries and entertainment venues. The Company is also in the process of deal closures in California , Colorado and a country outside of United States. FutureLand is in the process of private fund raising to fully capitalize its many pipelined projects and gain a real foothold in the industry.
We are currently being very proactive in pursuing strategic partnerships and seminal opportunities that will enhance shareholder value in the long run. As part of this program, FutureLand owns 240 acres near the city of Walsenburg, CO.
Quick update: A recent trip to Colorado allowed us to have a meeting with the mayor and planner of the city. We talked about a water plan that may be able to provide our project in Walsenburg the necessary water to move forward. We also met with board members of the HOA of Major's Ranch and discussed how we would be in compliance with its covenants, which is instrumental in structuring a deal with the city. Since that time the HOA is in receipt of an attorney letter laying out how we comply.
More news about Huerfano: After a short moratorium in the county of Huerfano, some laws have changed that now require a water plan to be in place before submitting a CUP to the county. Additionally, the County is allowing properties within a 3 ½ mile radius to get their water from the city. Our property is about 6-7 miles outside the city and so we could be looking at extending the city's water appropriation out to include our area or a possible annex. We will keep you posted on our progress.
Since we own this large parcel of land in Southern Colorado, we have many options to utilize including growing Hemp.
FutureLand is also looking at other deals in various parts of Colorado, Oregon, California, and Nevada. In addition, FutureLand Holdings, Inc., a subsidiary of FutureLand Corp., is in the process of doing its own 20 Million dollar raise from private funding sources. The business plan is complete and we are actively meeting with various investors in the space. As soon we have the funding in place we will chart a course and announce our plans.
About FutureLand Corp. (FUTL)
FutureLand Corp., a Colorado company, is a cannabis and hemp 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 we build on the land. 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.
About FutureWorld Corp. (FWDG)
FutureWorld (FWDG), a Delaware corporation, is a leading provider of advanced technologies and solutions to the global cannabis industry. FutureWorld, together with its subsidiaries, focuses on the identification, acquisition, development, and commercialization of cannabis related products and services, such as industrial Hemp. FutureWorld, through its subsidiaries, provides personal and professional THC and CBD test kits, pharmaceutical grade CBD oil solutions, SafeVape vaporizers, smart sensor technology, communication network, surveillance security, data analysis for smart cultivation and consultation for the industrial hemp and legal medicinal cannabis. Our wireless agricultural smart sensor networks offer precision to the agriculture, irrigation systems, and greenhouses for the global cannabis and hemp industry. FutureWorld and its subsidiaries do not grow, distribute or sell marijuana.
As the only Cannabis Technology Accelerator, FutureWorld will incubate and fund leading technologies, products, and services for Cannabis industry (Industrial Hemp) for foreseeable future; bringing value to its core and its shareholders.
To request further information about FutureWorld, please email us at info@futureworldcorp.com, log onto our website at http://www.futureworldcorp.com or visit us at our Facebook page facebook.com/futureworldenergy or on Twitter @futureworldinc.
Forward-Looking Statements
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.