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FutureLand (FUTL) Signs Agreement Tied to Revenue Producing Acquisitions and Access to Capital -- Landmark Deal Sets Up Strong Future in Cannabis Sector
FutureLand (FUTL) Signs Agreement Tied to Revenue Producing Acquisitions and Access to Capital -- Landmark Deal Sets Up Strong Future in Cannabis Sector.
About this update from Futureland Corp
[{"type":"text","content":"\n \n \n FutureLand (FUTL) Signs Agreement Tied to Revenue Producing Acquisitions and Access to Capital -- Landmark Deal Sets Up Strong Future in Cannabis Sector\n \n \nFutureLand (FUTL) Signs Agreement Tied to Revenue Producing Acquisitions and Access to Capital -- Landmark Deal Sets Up Strong Future in Cannabis Sector\n \n DENVER, CO--(Marketwired - Feb 22, 2017) - FutureLand Corp. (OTCQB: FUTL), a dynamic growth company in the cannabis sector, announced today that it has signed an agreement with Greenleaf Holdings, LLC (\"Greenleaf\"). This exclusive agreement will provide FutureLand with the ability to make a series of strategic acquisitions, furthering its quest to become a major player in the cannabis industry, named as the fastest growing industry in the U.S.\n FutureLand's new partner, Greenleaf, includes a group of successful, experienced professionals with strong ties to the cannabis space and access to capital. This support team will help ensure that the Company has the ability to realize its full potential and make FutureLand stand out as one of the industry leaders.\n The agreement with Greenleaf is based on certain stock incentives for lining up or providing the funding to acquire companies with revenue producing assets in the cannabis sector. It will also allow Greenleaf to earn a board seat upon bringing $5,000,000 in revenue to the Company. But reaching $5,000,000 in revenue is just the beginning of what FutureLand plans to accomplish. This minimum benchmark should be a catalyst for bringing additional acquisitions and shareholder value to FutureLand. Greenleaf brings an impressive list of deals for FutureLand to immediately evaluate, prioritize and begin due diligence on.\n In a statement, Cameron Cox, CEO of FutureLand Corp., said, \"There are almost unlimited opportunities in the world of cannabis right now, from new markets opening up, to purchasing licenses and quality real estate at attractive valuations, but access to capital is critical to being able to take advantage of these situations. We are thinking outside of the box as we enter into this agreement. Now we have a solid team and access to these resources. The relationship with Greenleaf is further strengthened by solid non-disclosure and non-compete agreements.\"\n With the partnership, Maury Winnick, one of the Principals of GreenLeaf and former CE...