FutureWorld Corp (OTCMKTS:FWDG) Finalizes Deal Tied to Revenue Generating Acquisitions
FutureLand Corp (OTCMKTS:FUTL) a dynamic growth firm in the cannabis market reported that it has finalized a deal with Greenleaf Holdings, LLC. This exclusive deal will offer FutureWorld Corp (OTCMKTS:FWDG) with the ability to close a series of strategic deals, furthering its quest to turn a key player in the cannabis market, named as the fastest developing industry in the United States.
FutureLand’s new associate, Greenleaf, comprises a group of experienced and successful professionals with strong associations to the cannabis market and access to capital. This team will help confirm that the firm has the ability to get its full potential and turn FutureLand make one of the industry pioneers. The deal with Greenleaf is dependent on certain stock incentives for providing the funding or lining up to acquire firms with revenue generating assets in the cannabis market.
It will also permit Greenleaf to get a board seat upon getting $5 million in revenue to the firm. Yet reaching $5 million in revenue is just the start of what FutureLand intends to achieve. This minimum yardstick should be a trigger for closing additional deals and shareholder value to company. Greenleaf brings a remarkable list of deals for company to immediately prioritize, evaluate and commence due diligence on.
Cameron Cox, the CEO of FutureLand, stated that there are unlimited prospects in the cannabis industry right now, from new growth markets coming up, to buying licenses and real estate at amazing valuations, but capital access is critical to being capable to take benefit of these situations.
They are thinking differently as they enter into this deal. Now they have a robust team and access to these assets. The association with Greenleaf is further bolstered by solid non-compete and non-disclosure deals. With the association, Maury Winnick will be added to FutureLand’s Board.© Copyright 2016 OTC News Magazine. All rights reserved.