FutureLand Corp (FUTL) Pens Deal With HempTech (HTCO) to Fund 1000 grow.droid II Container Grow Systems

“This is a big deal for FutureLand Corp. The potential is quite substantial and could be worth 10’s of millions a year in recurring revenue,” said CEO of FutureLand Corp., Cameron Cox. “Initial cash infusions for helping to obtain the financing will certainly benefit us in the short run for growing marijuana, but the real payoff here will be establishing a massive network of grow pods throughout the United States and Canada that will convey large amounts of cash over time.” The company has arranged to get 50% of the revenues HempTech receives on the back end, in perpetuity. If the grow pods network is sold upon maturation, then FUTL will participate in the sale in the same manner. “We wholeheartedly support what HempTech is doing and believe that their business model is rock solid.”

“The ability for HempTech to rely on FutureLand to fund the containers and its implementation for this project is a huge plus. We can now focus on our core strength of building the grow.droids and a strong operations team,” said John Verghese, COO of HempTech Corp.

HempTech has designed distinct and uniquely customized containerized grow systems or grow pods under the brand “grow.droid II” for harsh climates such Canada and Alaska, but can and will be purposed for anywhere in the world. The grow.droid II includes all growing/drying/curing equipment with cutting edge CognetiX; controlled environment software platform providing full integration and automation of the grow operation including big data analytics.

FutureLand Corp expects HempTech to begin receiving orders for the first batch of grow pods “grow.droid II” by mid to late 2016.

HempTech Corp (OTC PINK: HTCO), a Nevada corporation, is a provider of advanced Controlled Environment Agriculture (CEA) with sophisticated automation and analytical tools for the cultivators of legal industrial hemp and cannabis. We design and engineer specialized products using advanced sensors, process control techniques, big data aggregation, analytics and security solutions so cannabis growers can easily and effectively control every aspect of their operation. Through HempTech technologies, virtually every component of the plants’ vegetative growth matrix and flower harvest is automated, documented and available in visible format both in real time and historically. This simplifies operations and ensures that the baselines set by the master grower are adhered to by the cultivation staff.

The Intelligent Automation Technology engineered for agricultural operations featuring CognetiX Cultivation Automation & Analytic Software drives improvement in productivity, efficiency, quality and sustainability. This industrial grade advanced Controlled Environment Agriculture (CEA) with analytical technology software, is being made available to small and large size cultivators that are not yet available in the Cannabis market. HempTech’s goal is to provide cost effective and efficient cultivation of indoor cannabis through intelligent technologies and process control platforms.

HempTech’s mission is to establish a reputation in the cannabis industry as a one-stop-shop that provides all the infrastructure elements required by growers in a manner that is fully integrated, state-of-the-art, and secure. Products include the SPIDer(TM) (Secure Perimeter Intrusion Detection), SmartSense(TM), SmartEnergy, and analytics dashboard CognetiX(TM) through which HempTech Corp. provides growers unparalleled data analysis capabilities to Know Your Grow! HempTech — America’s Future Taking Root Today.

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