Vert Infrastructure Ltd CRXPF

CROP - Any time spike to $1.00 Soon- news out.

[AbrahamST]

February 12^th , 2019 - VANCOUVER, BRITISH COLUMBIA - CROP INFRASTRUCTURE CORP. (CSE: CROP) (OTC: CRXPF) (Frankfurt: 2FR) announced today it has received confirmation that its San Bernardino retail cannabis business application has now advanced to stage four of the application review process.

As previously announced on July 5^th 2018, CROP agreed to finance the purchase of real estate upon the granting of a California dispensary license. The proposed dispensaries will operate under the brand “Emerald Heights”.

CROP and its partners will attend a special mayor and city council meeting to make a three minute presentation followed by a question and answer session. Subject to a successful outcome, Emerald Heights will be licensed to open its San Bernardino retail location on the city’s busiest intersection next to the fairgrounds which has ample parking for customers.

CROP CEO, Michael Yorke, stated: “CROP has high expectations for Emerald Heights at this location. The team has done its market and location research very well and are now in the final phase of the application process in San Bernardino. We believe the community will enjoy the opportunity to share an elevated adult retail experience that the Emerald Heights brand will provide.”
 
About CROP
 
Crop is publicly listed on the CSE and trades under the symbol “CROP”. CROP is focused on cannabis branding and real estate assets. CROP’s portfolio of projects includes cultivation properties in California, two in Washington State, a 1,000-acre Nevada Cannabis farm, 1,865 acres of CBD farms, extraction in Nevada and joint ventures on West Hollywood and San Bernardino dispensary apps with international focuses in Jamaica and Italy.

CROP has developed a portfolio of assets including Canna Drink, a cannabis infused functional beverage line, US and Italian distribution rights to over 55 cannabis topical products and a portfolio of 16 Cannabis brands. CROP's infrastructure has over 150,000 sq ft of built canopy and over 2,900 acres of real estate.
 
Company Contact
Michael Yorke – CEO and Director 
E-mail: [e-mail]  
Website: www.cropcorp.com
Phone: [phone]

[frewil11]

Does anybody have an idea of how much revenue these dispensary's can bring in. THANKS

[Irie99]

It depends on a lot of different factors.  I can’t find any stats from Cali since rec was legalized.  In 2016 dispensaries avg $975/ sq ft.  But it all depends on your demographic, your marketing, your brand recognition, and location location location.  Pricing and creating loyalty are key.   I’ve read that some can clear up to $20 mil a year.  If you own the real

[frewil11]

Thanks , it seems like they can do very well and the fact it will be CROPS product is also a huge plus, THANKS

[Irie99]

Yeah, selling your own product means you can be really competitive with pricing.  Especially if they’re really growing at low cost/gram.