|Bid||0.2550 x 0|
|Ask||0.2600 x 0|
|Day's Range||0.2500 - 0.2650|
|52 Week Range||0.1300 - 0.6800|
|Beta (3Y Monthly)||-0.32|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
CROP INFRASTRUCTURE CORP. (CSE:CROP) (CRXPF) (2FR.F) announced today that its investment holding World Farms Corp. has signed an LOI with Graphite Energy Corp (CSE:GRE) to go public via reverse take over on the Canadian Securities Exchange. CROP currently owns 10,000,000 shares in World Farms Corp who also announced a $0.30 private placement in connection with the RTO. On February 27th CROP divested its interest in Italian and Jamaican joint ventures in return for $2.0 million in common shares of World Farms Corp at a deemed price of $0.20 per share for a total of 10,000,000 shares.
CROP INFRASTRUCTURE CORP. (CSE:CROP) (OTC: CRXPF) (2FR.F) announced today it has completed the purchase of the suite of Recreational Cannabis licenses and the 1,012-acre property in its Elite Ventures Group 49% interest holding. CROP has paid $3,950,900 USD for 169 acres, including a down payment for the 20-year vendor financing for the remaining 843 acres. CROP has an option on all licenses once federally legal and will recoup 100% of its investment.
VANCOUVER, British Columbia, May 2, 2019 /CNW/ -- CROP Infrastructure Corp. (CSE:CROP.CN - News) (CSE:CROP.CN - News) (OTC:CRXPF - News) (Frankfurt: 2FR) announced today that its first Oklahoma farm's tenant, Hempire Oklahoma has been issued Medical Cannabis Cultivation and processing licenses at its 1 acre location in Purcell, Oklahoma where the company will focus on high grade flower and extraction. This is a separate location to the company's 20-acre property that is currently being readied for tenant planting for the 2019 season. CROP continues to review several existing retail locations to acquire, as well identifying new locations that would be suitable for retail that the company would prepare applications for potential licensed tenants.
HOUSTON, TX / ACCESSWIRE / April 30, 2019 / The cannabis market is gaining significant traction. President Trump signed the 2018 Farm Bill into law. In addition, nearly 7% of Americans currently use CBD, according to Cowen & Co. analysts.
Corporate America is just beginning to invest in it. President Trump signed the Farm Bill into law. Arcview Research and BDS Analytics forecast 38% global growth in 2019 to $16.9 billion, for example.
VANCOUVER, British Columbia, April 25, 2019 /CNW/ -- Crop Infrastructure Corp. (CSE:CROP.CN - News) (OTC:CRXPF - News) (Frankfurt: 2FR) announced today it has consolidated its roll-out plan in Oklahoma with 20 acres cleared and prepped and high nutrient soil being spread on the property in readiness for tenant planting of medical cannabis. Additionally, the partnership is reviewing several different high +20% THC genetic cannabis strains for its plant starts for the 2019 season. CROP has also leased a 32,000 sq. ft. drying building for drying the 20-acre outdoor harvest, the property has an additional 32,000 square ft of footings where greenhouse will be erected for propagation with sufficient power on site for both the propagation and drying units.
VANCOUVER, British Columbia, April 23, 2019 /CNW/ -- CROP INFRASTRUCTURE CORP. (CSE:CROP.CN - News) (OTC:CRXPF - News) (Frankfurt: 2FR) announced today that it has completed the construction of its 57,600 square foot nursery in Nye County, Nevada. It has been equipped with trays and LED lighting specially designed to enhance the growth of plant starts for the 2019 CBD farms licenced on the company's various properties in the state. CROP continues to gauge interest and review potential off take relationships for the 2019 season for its CBD products.
One of the largest groups of buyers, they note, will be in North America, where sales are expected to reach $47.3 billion in 10 years. Analysts at Cowen note the U.S. cannabis market could rocket to $16 billion by 2025. As the global cannabis story heats up, likely beneficiaries include Lifestyle Delivery Systems Inc. (CSE: LDS)(OTC: LDSYF), Crop Infrastructure Corp. (CSE: CROP)(OTC: CRXPF), and Green Thumb Industries Inc. (CN: GTII)(OTC: GTBIF).
VANCOUVER, British Columbia, April 18, 2019 /CNW/ -- Crop Infrastructure Corp. (CSE:CROP.CN - News) (OTC:CRXPF - News) (Frankfurt: 2FR) announced today that its 49% owned Humboldt County farm has received an order of 1,000 4 ft. tall cannabis plants accelerating the company and its farm in to the 2019 cultivation season. Currently, the farm has five 2,000 sq.ft. greenhouses totaling 10,000 square feet and 20,000 square feet of outdoor cultivation space. Additionally, the farm has received approval from the Humboldt County Planning Department for the 2019 expansion, including a 30,000 sq. ft. automated light dep greenhouse facility and additional vault space.
VANCOUVER, British Columbia, April 17, 2019 /CNW/ -- Crop Infrastructure Corp. (CSE:CROP.CN - News) (OTC:CRXPF - News) (Frankfurt: 2FR) announced today that it has identified multiple Tenants for a roll out strategy to enter Oklahoma to target the Medical Cannabis market focusing on Cultivation, Extraction and Retail infrastructure. CROP will own 49% of the newly incorporated company. The focus of the Oklahoma partnership will be to set up 20 acres of cultivation for medical cannabis and establish up to three retail locations.
Crop Infrastructure (CSE: CROP) (OTC: CRXPF) (Frankfurt: 2FR) is working to open multiple retail locations of its Emerald Heights brand in California. Application Process Underway As part of its plans, the company has started the application process for its two retail applications in California, with the first application in Chula Vista already passing the first […]The post Crop Infrastructure Eyes Multiple Retail Locations in California appeared first on Market Exclusive.
VANCOUVER, British Columbia, April 11, 2019 /CNW/ -- - CROP INFRASTRUCTURE CORP. (CSE:CROP.CN - News) (OTC:CRXPF - News) (Frankfurt: 2FR) announced today that its Emerald Heights retail brand has started two additional retail applications in California. CROP's business development team has started reviewing several existing licensed M&A opportunities in California for a flagship location. Furthermore, CROP has confirmed with the brand product supplier that 330,000 pre-rolled cone sleeves have been shipped with custom Hempire and Evolution filters.
Arcview Market Research and BDS Analytics say the worldwide market could explode to $57 billion by 2027. Respecting the rights of states - it doesn't force a state to do anything that it doesn't want to do," Rep. Earl Blumenauer told Rolling Stone. In addition, Part of President Trump's budget proposes scaling back restrictive language that has kept Washington D.C. from legalizing and regulating the sale of recreational cannabis.
Significant buzz was generated once again when reports of how another major beverage giant was rumoured ...
HOUSTON, TX / ACCESSWIRE / April 3, 2019 / One of the largest group of cannabis consumers will be North America, says Arcview Market Research and BDS Analytics. Sales are expected to explode from just ...
VANCOUVER, British Columbia, April 3, 2019 /CNW/ -- CROP INFRASTRUCTURE CORP. (CSE:CROP.CN - News) (OTC:CRXPF - News) (Frankfurt: 2FR) has been advised by its tenant brand sales team that the Hempire and Evolution brands are now available in 40 retail locations, mostly along the coastal cities of Washington. The flower is available in eight different strains across seven sizes with concentrates being made available in five different concentrates across 20 separate strains giving the retail locations over 100 SKUS to offer their consumers. Crop's tenanted Washington facility has a major advantage with low cost electricity at $0.02 per kWh and greenhouse style growing, making it one of the most efficient growing operations available in the state of Washington for high quality product.
CROP INFRASTRUCTURE CORP. (CSE:CROP) (CRXPF) (2FR.F) announced today that its Humboldt Holdings Tenant Hempire has acquired a 25% interest in a licensed distribution company, with on site non-volatile commercial cannabis manufacturing in California in return for purchasing additional required extraction equipment for the facility. As with all CROP tenant licencees the company’s subsidiary, in this case Humboldt Holdings, will have the right to acquire the licence interest should federal law change in favour of cannabis-THC. This will allow the Evolution and Hempire to access turn-key equipment to process cannabis flower, cannabis trim and biomass into high-value distillate oil containing tetrahydrocannabinol (THC). The manufacturer will carry the cost of processing cannabis flower, cannabis trim and biomass, getting 40% of the resulting oil sales and CROP and its tenant 60%.
HOUSTON, TX / ACCESSWIRE / March 20, 2019 / Nearly 7% of Americans currently use CBD , according to Cowen & Co. analysts. According to Cowen's January 2019 consumer survey of 2,500 adults, 6.9% of respondents ...
Trenching is underway with the first shipments of building blocks delivered on site for the construction of the 40-acre perimeter wall for the 2019 outdoor cannabis growing season. The company has placed a deposit on 2,000,000 hemp farm bill compliant feminized seeds with delivery expected next month. The company also received additional licensing permissions to operate a hemp nursery.
HOUSTON, TX / ACCESSWIRE / March 12, 2019 / Wall Street is seeing green. According to Arcview Market Research and BDS Analytics, , the worldwide cannabis market could reach $57 billion by 2027. One of ...
Use of cannabidiol (CBD) is on the rise, as nearly 7% of Americans have reported they're already ...
The Park recently completed the final conversion to a 100% hydroponic facility and all the remaining soil medium material has been removed and all product has been sold. A perpetual harvest system is now being utilized with cannabis strains that have a 55-60 day flower cycle. Bulk sales compliment the tenant's ongoing sales strategy to establish itself as a premiere cannabis flower and extraction brand given the ongoing organic nature and high return THC level the company has seen in its lab testing.
VANCOUVER, British Columbia, March 07, 2019 -- CROP INFRASTRUCTURE CORP. (CSE: CROP) (OTC: CRXPF) (Frankfurt: 2FR) announced today it has entered into an agreement with MYM.
VANCOUVER, British Columbia, Feb. 27, 2019 /CNW/ -- CROP INFRASTRUCTURE CORP. (CSE:CROP) (CSE:CROP.CN - News) (OTC:CRXPF - News) (Frankfurt: 2FR) announced today it has entered into a purchase and sales agreement with World Farms Corp. to divest its interests in CROP Jamaica and XHemplar S.R.L in Italy for CAD$2,000,000 worth of equity in World Farms Corp. CROP will be retained as advisors in relation to research and development in plant science. The investment comprises of 10,000,000 common shares in World Farms Corp ('WFC').
VANCOUVER, British Columbia, Feb. 21, 2019 /CNW/ -- CROP INFRASTRUCTURE CORP. (CSE:CROP.CN - News) (OTC:CRXPF - News) (Frankfurt: 2FR) announced today it has signed an agreement with Antler Retail Inc., whereby Hempire and CROP will provide Antler with finished packaged goods under the Antler brand. Antler recently acquired an approved permit for a cannabis retail location with state wide delivery rights in California. Its US retail location will be in Desert Hot Springs and it has plans to take advantage of the now expanded state-wide nature of its delivery rights. This licence gives Antler the freedom to address a much larger market place without the immense potential overhead of many brick and mortar operations.