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Saturday, December 3, 2022

The Fabulous Rise of FutureLand Corp(OTCMKTS:FUTL)

FutureLand Corp(OTCMKTS:FUTL) has seen a spectacular rise in recent weeks off its triple zero lows to recent highs well into the double zeroes. This exciting new Marijuana play has quickly attracted legions of shareholders and has transformed into a volume leader.

FUTL operates in the red hot Marijuana industry that has quickly turned into a multi-billion dollar massive growth market that is sweeping across the US and Canada with many new states legalizing the drug in the US. North American sales of legal cannabis products grew by 34% in 2016 to $6.9 billion, but illicit market sales are estimated to be $46.4 billion.

FutureLand Corp(OTCMKTS:FUTL) is a land acquisition and management company for cannabis and hemp growing operations. The Company specialize in uniquely zoned properties, financing, target acquisition, licensing, site plan preparation, and development of grow facilities throughout the United States.

FutureLand is well positioned in the booming cannabis industry with some land holdings: in December of last year Futurel said they closed on the purchase of 50% of 265 acres in southern Oregon with now partner, Hspendleton, LLC., the previous owner of the land and part owner of the recreational license.

Cameron Cox, CEO of FutureLand Corp. said at the time, “Little chunks. Grow the company, and its assets, in little chunks, if necessary. FutureLand has always believed in real estate. Especially real estate in our business. Now we are holding 78 acres in Grants Pass, Oregon, 265 acres in Wolf’s Creek Oregon and 240 acres in southern Colorado. So then, here is where we sit: while we grow marijuana and build a house to inculcate massive revenues, we are also going to keep stock piling our real estate holdings to ensure the longevity of our various enterprises.”

Earlier this year FUTL said it has entered into an agreement to joint venture with Greenleaf Holdings, LLC. to acquire the established telehealth and prepaid “lifestyle” debit card business. In addition to the “lifestyle” debit cards, LCS-GLeaf, LLC has created prepaid membership benefits packages which includes telemedicine which allows the members to have 24 / 7 face to face access to board certified physicians. These virtual doctor visits are instrumental for everything from routine medical check-ups to various medical diagnoses and prescriptions, all from the comfort of your own home.

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In July FUTL announced 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.”

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.

Anticipation is high after the Company said on twiter:

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Currently rising up out of the subs FUTL has minimal assets or revenues and rising debt. But FutureLand is an exciting story developing in small caps; FutureLand is a leading provider of strategic real estate investment, grow facilities and material solutions to the medical and recreational global cannabis industry holding 78 acres in Grants Pass, Oregon, 265 acres in Wolf’s Creek Oregon and 240 acres in southern Colorado. We will be updating on FUTL when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with FUTL.

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Disclosure: we hold no position in FUTL either long or short and we have not been compensated for this article.

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