GREY:CRXPF - Post by User
Comment by
fortunetellleron Feb 15, 2019 11:17am
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Post# 29370688
RE:Is Crop Infrastructure (CROP.C) now a screaming buy?
RE:Is Crop Infrastructure (CROP.C) now a screaming buy?On February 14, 2019 CROP announced that its 49%-owned Nevada tenant, has been issued with a 2019 hemp handler license, hemp nursery and hemp grower licenses covering 1,350 irrigated acres on its 2,115 acres of owned or leased CBD focused lands. A hemp handler is registered by the licensing department to receive industrial hemp for processing into commodities, products or agricultural hemp seed.Crop applied for its grower and hemp handler licence anticipating production and lab extraction of CBD isolate with a throughput capacity of one ton per day of raw biomass. Crop increased the acreage size covered by its hemp licences from 240 acres of cultivation in 2018 to 1,350 acres of irrigated cultivation for 2019.
What will CROP get out of this deal 49 % ?