---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-032568"
form_type: "8-K"
ticker: "ILAL"
cik: "0001657214"
company_name: "International Land Alliance Inc."
filed_at: "2021-12-28T23:59:59+00:00"
generated_at: "2026-06-27T22:09:16.887104+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# International Land Alliance terminates hemp lease, to subdivide 40 acres for homes

## Summary
- Rescinded lease with private CA hemp grower for 40 acres; will receive $150,000 over two years.
- Company pivots from hemp lease to subdividing property for residential home construction.
- Property acquired Q1 2019 for $1.1M; one 20-acre parcel previously sold for $630,000.
- President cites strong demand for Southern California homes and land prices as rationale.

## SEC filing metadata
- accession: 0001493152-21-032568
- form_type: 8-K
- ticker: ILAL
- cik: 0001657214
- company_name: International Land Alliance Inc.
- filed_at: 2021-12-28T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657214/000149315221032568/0001493152-21-032568-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1657214/000149315221032568/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-032568
- JSON: https://secwatch.observer/filing/0001493152-21-032568.json
- Plain text: https://secwatch.observer/filing/0001493152-21-032568.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.