FutureLand Corp (OTCMKTS:FUTL) has been racking volume through September and in 30 days is up 333%. FUTL has become the darling of the OTC with its marijuana niche play in the real estate and solar aspect of the market. Recently, FUTL closed on the purchase of 50% of 265 acres in southern Oregon.
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.”
FutureLand Corp (OTCMKTS:FUTL) bills itself as a company that operates as an agricultural land lease company. It serves the industrial hemp, legal medical marijuana, and recreational cannabis markets. The company is based in Greenwood Village, Colorado. The Company focuses on approximately 240 acres of prime property in southern Colorado. FUTL has other developmental land use plans for other projects being pursued as well. The Company has not generated any revenues.
FUTL is a cannabis and hemp specialty-zoned land leasing company formed to capitalize on 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.
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Another aspect of the FUTL brand name that is worth talking about is the lifestyle credit/debit card business the company has ventured into through Greenleaf Holdings. Greenleaf has created prepaid membership benefits packages that allow telemedicine giving 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.
Lastly, and maybe most important, is the solar deal. 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.
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.
“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.”
FutureLand Corp (OTCMKTS:FUTL) has a market cap of $1.51M with 582.38M shares out. We thinking this stock is running upward and with this acquisitions coming into fruition, FUTL could stay hot. Time will tell how they play out on the balance sheet, but perception right now is reality – and that looks good. For continuing coverage on $FUTL and our other hot stock picks, sign up for our free newsletter today and get our next hot stock pick!
Disclosure: we hold no position in $FUTL, either long or short, and we have not been compensated for this article.