Current Report Filing (8-k)
August 07 2017 - 7:06AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant
To Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event
reported): August 7, 2017
FUTURELAND CORP.
(Exact name of registrant as specified in charter)
Colorado
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000-53377
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41-2230041
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(State or other jurisdiction of
incorporation or organization)
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(Commission File Number)
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(I.R.S. Employer Identification No.)
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FutureLand Corp.
10901 Roosevelt Blvd, 1000c
Saint Petersburg, Florida
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33716
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(Address of principal executive offices)
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(Zip Code)
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(727) 474-0221
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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FORWARD LOOKING STATEMENTS
This Form 8-K and other reports filed by Registrant
from time to time with the Securities and Exchange Commission (collectively the "Filings") contain or may contain forward
looking statements and information that are based upon beliefs of, and information currently available to, Registrant's management
as well as estimates and assumptions made by Registrant's management. When used in the filings the words "anticipate",
"believe", "estimate", "expect", "future", "intend", "plan" or the
negative of these terms and similar expressions as they relate to Registrant or Registrant's management identify forward looking
statements. Such statements reflect the current view of Registrant with respect to future events and are subject to risks, uncertainties,
assumptions and other factors relating to Registrant's industry, Registrant's operations and results of operations and any businesses
that may be acquired by Registrant. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions
prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned.
Although Registrant believes that the expectations reflected
in the forward looking statements are reasonable, Registrant cannot guarantee future results, levels of activity, performance or
achievements. Except as required by applicable law, including the securities laws of the United States, Registrant does not intend
to update any of the forward-looking statements to conform these statements to actual results.
Item 8.01. Other Events.
On July 19
th
, FutureLand Corp. (FUTL) announced that
it is in the process of applying for Medical Marijuana Treatment Center (MMTC) license in the State of Florida. Under the new regulations,
enacted on November 8, 2016, Florida will accept new applications for Medical Marijuana Treatment Centers (MMTC) -- entities that
acquire, cultivate, possess, process (including development of related products such as food, tinctures, aerosols, oils, or ointments),
transfer, transport, sell, distribute, dispense, or administer marijuana, products containing marijuana, related supplies, or educational
materials to qualifying patients and caregivers. The legislation paves way for 10 more medical marijuana treatment centers that
will open by Oct. 3, 2017. When 100,000 new eligible patients are added to the patient registry, another license for MMTC will
become available to apply for. The state will be opening the application period for Medical Marijuana Treatment Center sometime
after July 2017 (August most likely).
The Company has had major success in moving the project forward
by ascertaining valuable operational and funding partners to begin the application process for the Medical Marijuana Treatment
Center (MMTC) license in the State of Florida. We have also hedged our bits by acquiring the current license holders through our
funding partners, if in this round, we may not succeed in acquiring the license through an application process. We are in discussion
with major funders to help us acquire licenses if that’s what we decide to do. We are very excited in this opportunity and
are planning to do all in our power to be part of the Florida’s billion dollar medical marijuana industry.
According to Forbes, Colorado and California may be ground zero
for medical marijuana, but Florida could quickly catch up. A new report from New Frontier Data with market data provided
by Arcview Market Research projects that Florida's market will grow to $1.6 billion by 2020 at a compound annual growth rate of
140%. That would make it half the size of California's projected $2.6 billion market and top the projected $1.5 billion
medical marijuana market for Colorado.
SIGNATURES
Pursuant to the requirements of
the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto
duly authorized.
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FUTURELAND CORP.
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Date: August 7, 2017
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By: /s/ Cameron Cox
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Cameron Cox, Principal Executive Officer
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