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Vert Infrastructure Ltd CRXPF

Vert Infrastructure Ltd is engaged in the business of branding, investing, constructing, owning and leasing infrastructure for specialty agricultural businesses.


GREY:CRXPF - Post by User

Post by AbrahamSTon Jan 24, 2019 12:14pm
100 Views
Post# 29276048

BIG NEWS - CROP secures in California

BIG NEWS - CROP secures in California
CROP FARM TO PRODUCE 50 L OF THC OIL AND APPLIES FOR CHULA VISTA DISPENSAY LOCATION

January 24th, 2019 - VANCOUVER, BRITISH COLUMBIA - CROP INFRASTRUCTURE CORP. (CSE: CROP) (OTC: CRXPF) (Frankfurt: 2FR) announced today it will, initially, be making 100,000 premium Moon Rock Cones at one of its California subsidiaries as it expands its footprint in the state.
 
The raw material will be finished cannabis from CROP’s Humboldt County farm which is trimmed, high grade flower and will be for distillate input for cartridges and pre-rolls cones that will then be dipped in kief (cannabis crystals) to make the infused Cones. The infused cones will be Hempire and Evolution branded with custom filters bearing the name. Additional equipment to fulfill the order is expected to arrive shortly.
 
After some initial market research, the company has established the best-selling SKUS are cones and pens. The company has instructed its toll process partner to convert equivalent material to produce approximately 50 Liters of Oil to fill 75,000 half gram cartridges and 50,000 quarter gram disposable pens as well as the company will roll and tube approximately 200,000 Hempire and evolution branded 1-gram infused cones.
 
The distributor has offices in Oakland and Orange County. The distribution network consists of approximately 350 licensed |cannabis stores across California. The chart below has been prepared to give the break-down of inventory.
 
The farm will shortly be taking down an additional 10,000 sq ft of canopy crop for harvest. Additionally, the company has retained local engineers to plan and permit the 2019 expansion, including a proposed 30,000 sq ft automated greenhouse facility, extra vault space and security upgrades.
 
CROP also announced it has made a cannabis retail application in Chula Vista, California, for its Emerald Height’s brand and is working with its local partners to apply in additional municipalities.
 
CROP CEO, Michael Yorke, stated: “Having wide distribution of a premium organic Infused Cone with over 100,000 branded units and 125,000 pen cartridges set to be consumed in California, this is a major step forward for our brand portfolio and tenant farm.”
 
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: info@cropcorp.com  
Website: www.cropcorp.com
Phone: (604) 484-4206


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