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Monday, September 11, 2017 8:10:45 PM
75 million
+600 acres of grow
Value north of .0725 per share at LEAST
FUTL, a leading provider of strategic real estate investment, grow facilities and material solutions to the global cannabis industry, announced today that it has signed a Funding and consulting Agreement with HempTech Corp (OTC PINK: HTCO) to raise money to fund 1,000 grow pods for HempTech in association with their exclusive Master Vendor Agreement to deliver containerized grow systems (grow.droid II) for Tinkerer's Obsession Labs (TOL). TOL, in conjunction with their partners, have agreed to purchase from HempTech a minimum of 1000 "grow.droid II" systems, between 2016 and 2022, to satisfy the growing need for cannabis among Indian reservations in North America. The estimated contract value for the agreed upon term between HempTech and TOL is north of $150M.
" 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." http://www.marketwired.com/press-release/futureland-corp-futl-pens-deal-with-hemptech-htco-fund-1000-growdroid-ii-container-grow-2137978.htm
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