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Bullboard - Stock Discussion Forum Vert Infrastructure Ltd CRXPF

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

GREY:CRXPF - Post Discussion

Vert Infrastructure Ltd > Crop Corp In Default on Nevada THC Property, Secured Debt
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Post by AwareInvestor on Oct 11, 2019 11:27am

Crop Corp In Default on Nevada THC Property, Secured Debt

Crop Infrastructure Corp halted equity trading this morning prior to putting out a news release identifying several changes at the firm, including the move away from purchasing extraction equipment, a failure to pay interest on certain debts, and the default status of its Nevada THC property as a result of an overdue mortgage. The announcement comes on the heals of the firm announcing massive crop failures for its hemp farms within Nevada, which was issued in late September.
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