CRXPF - Crop Infrastructure Corp.

Other OTC - Other OTC Delayed Price. Currency in USD
0.0250
-0.0030 (-10.71%)
At close: 3:55PM EDT
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Previous Close0.0280
Open0.0295
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.0250 - 0.0313
52 Week Range0.0122 - 0.3272
Volume193,387
Avg. Volume305,471
Market Cap3.294M
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-0.0150
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • GlobeNewswire

    CROP Seeking Changes to Under-Performing U.S. LLCs

    CROP INFRASTRUCTURE CORP. (CSE:CROP) (CRXPF) (2FR.F) (“CROP” or the “Company”) today announced major management actions to remedy recent operational failures from its investments and implement improved reporting protocols throughout its structure, including its investments. CROP is focused on the acquisition and ownership of a passive interest in specialized cannabis-related properties owned by various U.S. limited liability companies (each a “US LLC”).  The Company deploys investment capital in an effort to maximize growth of income-producing U.S. state licensed cannabis producers and processors.  To date, CROP’s investments have resulted in a substantial equity position in six US LLCs operating in California, Nevada, Oklahoma and Washington.

  • GlobeNewswire

    Crop’s ‘Hard Lessons Learned’ in Nevada Hemp and THC Farms After Weed Infestation

    CROP INFRASTRUCTURE CORP. (CSE:CROP) (CRXPF) (2FR.F) announced today it has completed September site visits in Nevada with its consultants and joint venture partners at the hemp and THC farms where weeds have caused major losses. After drone reconnaissance, and sample plant counts were completed, it was established that eight of 10 of the company’s hemp pivots have been severely affected by invasive weeds. The company’s operating partner had employed a farming method of planting cover crops to keep the weeds away, however, it was not effective with the exception of all but two pivots.

  • GlobeNewswire

    Crop California Greenhouse Harvest Complete With Outdoor Close Behind

    CROP Infrastructure Corp. (CSE:CROP) (CRXPF) (2FR.F) (“CROP” or the “Company”), announced today completion of its first harvest of 2019 from its greenhouses in California. The crops from all five greenhouses have been dried and are now being trimmed. Final harvest weight is still to be determined.

  • GlobeNewswire

    CROP Extends Closing of Commercial Real Estate Purchase Agreement by Elite Ventures for Tonopah, Nevada Property

    CROP Infrastructure Corp. (CSE:CROP) (CRXPF) (2FR.F) (“CROP” or the “Company”), is pleased to announce that, further to its news release dated August 1, 2019, Elite Ventures Group LLC (“Elite”), a limited liability company organized and existing under the laws of the State of Nevada in which the Company holds a 49% membership interest, has agreed to extend the proposed closing date of its previously announced commercial real estate purchase agreements (the “Property Purchase Agreements”) dated July 15, 2019 with a certain buyer (the “Buyer”) to purchase certain real property located in Tonopah, Nevada (the “Nevada Property”) owned by Elite to a date on or before September 20, 2019.

  • GlobeNewswire

    CROP Announces Warrant Exercise Incentive Program

    VANCOUVER, British Columbia, Aug. 21, 2019 -- CROP Infrastructure Corp. (CSE: CROP) (OTC: CRXPF) (Frankfurt: 2FR) (“CROP” or the “Company”), announces today a warrant exercise.

  • GlobeNewswire

    Crop’s California and Washington Farms See USD $125,374 in Completed Orders for August

    CROP INFRASTRUCTURE CORP. (CSE:CROP) (OTC: CRXPF) (2FR.F) announced today that its tenanted California farm received and executed its first order from its 2018 harvest totaling $41,625 in whole flower. CROP’s tenanted Washington facility sold $83,749 in newly harvested flower, both in the first week of August. The revenue from the Washington sales was used to pay the ongoing operating expenses at the Washington farm with the $41,625 in California being realized by CROP’s 49% owned Humboldt Holdings.

  • GlobeNewswire

    CROP Announces Signing of Commercial Real Estate Purchase Agreement by Elite Ventures for Tonopah, Nevada Property for Gross USD $24.0 Million 

    CROP Infrastructure Corp. (CSE:CROP) (CRXPF) (2FR.F) (“CROP” or the “Company”), announces that Elite Ventures Group LLC (“Elite”), a limited liability company organized and existing under the laws of the State of Nevada in which the Company holds a 49% membership interest, has entered into two commercial real estate purchase agreements (the “Property Purchase Agreement”) with Trinity Global Investments LLC (“Trinity Global”) dated July 15, 2019, pursuant to which Trinity Global has agreed to purchase certain real property located in Tonopah, Nevada (together, the “Nevada Property”) owned by Elite.

  • GlobeNewswire

    Crop’s First California Extracts Pass Pesticide and Heavy Metal Testing

    CROP INFRASTRUCTURE CORP. (CSE:CROP) (OTC: CRXPF) (2FR.F) announced today that its first batch of THC distillate cartridges derived from the 2018 harvest have passed heavy metal and pesticide testing consistent with the excellent initial test results after the 2018 harvest. The packaging team has now resumed filling cartridges in preparation of the launch of Evolution Cannabis and Hempire brands in California. This will allow the company to launch its premium distillate line and organic fresh flower SKUs into the California market through internal sales and the partially owned Flip Distro, giving sales teams a full suite of products to offer retailers.

  • GlobeNewswire

    Crop’s Hempire Increasing Distribution Ownership in California

    CROP INFRASTRUCTURE CORP. (CSE:CROP) (OTC: CRXPF) (2FR.F) announced today that Hempire has increased its ownership of Flip Distro to 51% for $100,000 in capital expenditures and product marketing at the distribution company. Increasing the ownership in Flip Distro, in concert with the recently announced acquisition of  the Cathedral City dispensary, lounge and California-wide delivery provisional licences, will empower the company to use Flip for a secondary fulfillment centre for delivery logistics. CROP’s Humboldt Holdings has an option to acquire 100% of Hempire’s interest in Flip at any time it becomes legal and compliant to do so.

  • GlobeNewswire

    CROP Investment Holding World Farms Corp. Announces Definitive Agreement to go Public on the CSE

    CROP INFRASTRUCTURE CORP. (CSE:CROP) (CRXPF) (2FR.F) announced today that its investment holding, World Farms Corp., has signed a definitive agreement with Graphite Energy Corp to go public via a reverse takeover (‘RTO’) on the Canadian Securities Exchange. CROP currently owns 10,000,000 shares in World Farms Corp. which also announced a $0.30 private placement in connection with the RTO.

  • GlobeNewswire

    CROP’s DVG Subsidiary Acquires Adjacent Tenanted Outdoor Farm in Washington

    CROP INFRASTRUCTURE CORP. (CSE:CROP) (CRXPF) (2FR.F) announced today that its 30% owned DVG, LLC partner has acquired additional facilities for a tenanted outdoor cannabis farm in Grant County, Washington. In return for acquiring the turnkey infrastructure and branding assets for DVG company, CROP infrastructure is issuing 2,000,000 shares at a deemed price of $0.30 per share and has paid $46,000 USD cash. CROP CEO, Michael Yorke, stated: “In the roll out of the Hempire and Evolution brands we have continually worked with the team tenanted at these locations.

  • GlobeNewswire

    CROP Secures Provisional Licence for a California Retail, Smoking Lounge, and State-Wide Delivery Service in Cathedral City.

    CROP INFRASTRUCTURE CORP. (CSE:CROP) (OTC: CRXPF) (2FR.F) announced today that its Emerald Heights retail brand has secured a provisional licence for a retail, delivery, and smoking lounge in Cathedral City, California, to vertically integrate its California brands. CROP has also retained a local real estate broker to find suitable locations to set up its Emerald Heights flagship location. CROP’s subsidiary will be able to run delivery routes in the Bay Area, Coachella Valley, and is currently seeking a Southern California distribution partner.

  • GlobeNewswire

    CROP Announces Closing of Senior Secured Convertible Debenture Offering

    CROP Infrastructure Corp. (CSE:CROP) (“CROP” or the “Company”), is pleased to announce that the Company completed its previously announced non-brokered private placement offering (the “Offering”) of senior secured convertible debentures (the “Debentures”) at an original issue discount of 20%, with aggregate face value of up to $1,250,000 (the “Principal Amount”), for gross aggregate proceeds of up to $1,000,000.

  • GlobeNewswire

    CROP Announces Second Senior Secured Convertible Debenture Offering

    CROP Infrastructure Corp. (CSE:CROP) (“CROP” or the “Company”), announces that it intends to conduct a non-brokered private placement offering (the “Offering”) of senior secured convertible debentures (the “Debentures”) at an original issue discount of 20% with aggregate face value of up to $1,250,000 (the “Principal Amount”), for gross aggregate proceeds of up to $1,000,000.

  • GlobeNewswire

    Tiff CBD Brand Product Launched in Washington as Tenant Achieves ‘Self-Sustaining’ Status

    CROP INFRASTRUCTURE CORP. (CSE:CROP) (CRXPF) (2FR.F) announced today that its Park Project tenant is now at the ‘self-sustaining’ point as it launches its Tiff CBD cartridge line. This is the first of CROP’s tenanted assets to become self-sustainable just 12 months since it’s acquisition. The first batch of Tiff CBD has been produced and the tenant has received both cartridges and boxes for its Tiff CBD line, initially to be sold as a full spectrum product in Washington, with a no THC product to be introduced in all States where the company is present.

  • GlobeNewswire

    CROP Subsidiary Enters 5 Month CBD Isolate Supply Agreement With BIOSCIENCE ENTERPRISES, INC.

    VANCOUVER, British Columbia, May 30, 2019 -- CROP INFRASTRUCTURE CORP. (“CROP” or the “Company”) (CSE: CROP) (OTC: CRXPF) (Frankfurt: 2FR) announces today that ELITE VENTURES.

  • GlobeNewswire

    CROP Investment Holding World Farms Announces LOI to go Public on the CSE

    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.

  • GlobeNewswire

    Crop Completes Purchase of 1012 Acre Nevada Property With Newly Awarded Recreational Cannabis Licences

    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.

  • CNW Group

    CROP'S Tenant Hempire Receives Cultivation and Extraction License in Oklahoma

    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.

  • CNW Group

    CROP's Roll-out in Oklahoma 'Well Under Way' With Addition of Drying and Propagation Units

    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.

  • CNW Group

    CROPs 57,600 Square Foot Nevada Nursery Ready for Plants for CBD Farms

    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.

  • CNW Group

    Why More Retail Cannabis Dispensaries are Needed Now as Cultivation Season Begins

    PALM BEACH, Florida, April 18, 2019 /CNW/ -- It's a marriage made in heaven in POT heaven that is. In both the U.S. and Canada, the consumer demand for cannabis products continues its steady growth but one obstacle could be the unmet need for more dispensaries. The consumer demand for cannabis products exceeded even the most optimistic projections there are just not enough retail dispensaries (with sufficient supplies also but that is for another time) and Mall owners have too many stores without a tenant so, Dispensaries and Mall owners are entering into a hopefully long and mutually rewarding relationship! An industry publication recently said that, in both Canada and the U.S. "The future is very bright for property owners in North America as cannabis companies are on the hunt for cannabis retail locations." The article said that, "Cannabis retailers aren't very widespread in Canada as most provincial governments are slow to roll out the licenses needed to open the stores.

  • CNW Group

    CROP California Receives 1,000 Four Foot Cannabis Plants to Begin and Accelerate the 2019 California Cultivation Season

    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.

  • CNW Group

    Cannabis Brief: Major Retail Stores Clearing Shelves to Carry CBD Infused Products

    PALM BEACH, Florida , April 17, 2019 /CNW/ -- The projections for the legal & CBD cannabis markets seem to get higher with every new arrival and big box and brick & mortar retailers of all sizes have taken ...

  • CNW Group

    Crop to Enter Oklahoma Medical Cannabis Market

    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.