Denver, Colorado, April 27, 2015 (GLOBE NEWSWIRE) -- FutureWorld Corp. (OTC: FWDG), a leading provider of advanced technologies and solutions to the global cannabis industry, announces today that its subsidiary, FutureLand Corp, expands its corporate reach in the States of Washington, Oregon, California and Nevada for the purpose of facilitating land leases and building grow facilities in conjunction with its partner Second Sun LLC.
Under the Memorandum of Understanding agreement signed on April 24th 2015, FutureLand will provide financing, land lease, grow house technologies and maintenance (through an agreement with HempTech). Second Sun will discover opportunities in cannabis grow facilities and dispensaries all throughout the USA, negotiating related agreements and contracts, licensing and permits and license holder representation and negotiation. Currently we are looking at several major opportunities in Oregon, Washington, California and Nevada alongside our current projects in Colorado.
Mark Putney from Second Sun is excited to partner with FutureLand on their many projects in the western United States. Second Sun Grow and FutureLand's association will give customers additional tools to be successful in cultivation, dispensing and retail operations by providing investment capital, real estate and equipment.
We expect to fund and lease up to four projects by the end of 2015 in conjunction with our sister company HempTech Corp. Our financial proforma calls for 200% increase in lease opportunities year in, year out. We expect increased revenue on a year over year basis.
Many reports predicts that 14 more states will legalize marijuana for recreational adult use in the next five years, creating a potential $10.2 billion cannabis market by 2018. There are an estimated seven to thirteen additional states that will contemplate legalization just in 2015, according to Viridian Capital & Research. Market for ancillary products, such as security equipment, grow tools, apps and paraphernalia, has the potential to drive growth still further.
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.
About FutureLand Corp.
FutureLand Corp, a Colorado company, is a lessor of land, grow facilities and provider of leading edge grow technologies to the emerging global cannabis (hemp) 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 grow, harvest, sell or distribute marijuana or any substances regulated under United States law such as the controlled substance act.
To request further information about FutureLand, please email us at info@futurelandcorp.com, log onto our website at http://www.futureworldcorp.com or visit us at our Facebook page facebook.com/pages/FutureLand-Corporation/848802538518505 or on Twitter @futurelandcorp
About FutureWorld Corp.
FutureWorld (OTC: 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, harvest, distribute
or sell marijuana or any substances regulated under United States
law such as the controlled substance act.
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.
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