FutureLand Corp. (OTC Pink: FUTL) is engaged as a cannabis and industrial hemp leasing company. Shares of the cannabis company are rallying 14.29%, through early trading on Wednesday, October 18, 2017. Over the past month, FutureLand Corp. has seen average daily volume of 190.64 million shares. However, volume of 41.21 million shares or dollar volume of $32,968, has already exchanged hands on the day.
Shares of FutureLand Corp. are rallying today, after the company announced that its joint venture with GreenLeaf Holdings, LLC has successfully acquired 80% of PLHS Life, LLC, a cannabis and herbal supplement company. Here is the full press release detailing of the joint venture acquisition deal:
FutureLand Corp. Press Release:
Denver, CO, Oct. 18, 2017 (GLOBE NEWSWIRE) — FutureLand Corp. (OTCPinks: FUTL), a leading provider of strategic real estate investment, grow facilities and material solutions to the medical and recreational global cannabis industry, announced today that it has closed a joint venture agreement to acquire PLHS Life, LLC, a Cannabis and Herbal supplement Retail Brand with multiple SKU’s, along with Greenleaf Holdings, LLC. GreenLeaf Holdings and FutureLand acquired 80% of PLHS Life, LLC which closed on Oct. 11th, 2017.
Cameron Cox, CEO of FutureLand Corp. said, “This Company is very cool and very hip. The product line is varied and enticing. Michelle Kelley, of PL + HS, is an entrepreneur, singer and marketing guru. She also has some very exciting new product ideas that are going to resonate extremely well with the culture!”
The Hemp/Cannabis industry has a multifaceted interchange of motivating factors that drive it forward. Certainly, medical benefits top the list, but there are many more. Mood facilitation, calming effects, general health and wellness along with recreational deployment open up many new products that will find a willing home here in the United States. This is where Michelle Kelley’s “Peace, Love N Hippie Stuff” retail line will begin to take root. CBD is a major factor in this plan.
According to an article written by Herb last month, “The U.S. marijuana industry is skyrocketing right now, with cannabis sales in America estimated to have reached $6.7 billion last year. But another, separate cannabis market will hit the $1 billion mark by 2020 – the fast-growing CBD market. Hemp plants, a low-THC version of the same cannabis sativa plant from which the high THC varieties also spring, are the source of most cannabidiol (CBD) on the market. And the U.S. Ninth Circuit Court of Appeals has ruled that the Drug Enforcement Administration (DEA) can’t go after companies supplying hemp-based products without THC. There are, of course, a myriad of uses for hemp, but CBD has outstripped the rest of them market-wise. Brightfield Group, a market research firm, estimates that the CBD market totaled $170 million in 2016, and could top $1 billion within the next three years.”
PL+HS is a manufacturer and distributor of herbal supplements, everything from Kratom to Cannabis. They supply the world with the best herbal formulas anywhere using some of the best products on Earth. One such product is MollyJane, an herbal mood enhancer. They also have a full line of CBD infused cosmetic products, energy shots, creamers and coconut oil. CannaKoKo, Herbalogix, CannaKoffee are but few of their brands. Distribution deals are being structured that will allow PLHSLife to expand very rapidly.
Michelle Kelley, the face of PHLSLife, is a poet, musician and visionary for the cannabis movement. She currently makes her home between Portland, Oregon and Los Angeles, CA.
“We think that what Michelle is doing with PL+HS is really exciting and it’s a great privilege to work with Michelle on these very cutting-edge opportunities” said Maury Winnick a co-founder of Greenleaf Holdings, LLC.
About FutureLand Corp.
FutureLand Corp., a Colorado company, is a cannabis and hemp specialty zoned 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. 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 email@example.com, log onto our website at http://www.futurelandcorp.com, or visit us on FB @ futurelandcorp and Twitter @futurelandcorp.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
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.