FutureLand Corp. Signs Binding MOU to Acquire 50% of 78 Acres in Oregon for Recreational Marijuana Grow Facility
June 12, 2016 at 09:32 am EDT
FutureLand Corp. reported that they have entered into a binding MOU to purchase 50% ownership in 78 acres of land in Southern Oregon for $125,000 plus additional investment capital. The land is currently being developed into a recreational marijuana facility. The agreement to purchase 50% of Hspendleton, LLC property also gives FutureLand Corp. the first right of refusal on 265 acres owned by Groovey Groves in Wolf Creek, Oregon where a recreational license is currently pending. The plan is to immediately pursue a recreational license on the 78 acres as well once the appropriate growing infrastructure is in place to proceed.