leadf
logo-loader
viewVert Infrastructure Corp.

CROP Infrastructure's tenant at Humbouldt County starts harvesting

“This is an exciting time at CROP as our California property’s tenant reaches its first harvest," said Michael Yorke, the CEO of CROP.

Cannabis plant
The company’s portfolio of projects includes cultivation properties in California, Washington State, Nevada, Italy and Jamaica

CROP Infrastructure (CNSX:CROP) said its tenant at the Humboldt County property in California has started harvesting cannabis from its greenhouses.

The tenant has greenhouses covering 10,000 square feet at the property.

READ CROP Infrastructure continues to diversify portfolio with addition of vaporizer line

The company, which provides financing for land expansion, turnkey state-of-the-art greenhouse facilities, said the operation began in the first of five 2,000 square foot greenhouses; in the remaining four greenhouses harvesting will be at the rate of one per week.

“This is an exciting time at CROP as our California property’s tenant reaches its first harvest,” said CROP Infrastructure director and chief executive officer, Michael Yorke.

"First production is always a very important milestone as the results will be analyzed closely and will give an indication of what is not only achievable long term on this property, but also similar ones,” he added.

Shares in CROP were up 4.3% at C$0.24.

Quick facts: Vert Infrastructure Corp.

Price: 0.025 CAD

CSE:VVV
Market: CSE
Market Cap: $286.65 k
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Vert Infrastructure Corp. named herein, including the promotion by the Company of Vert Infrastructure Corp. in any Content on the Site, the...

FOR OUR FULL DISCLAIMER CLICK HERE

Buds & Duds: Cannabis stocks flat as a pancake but CROP shares jump on first...

Cannabis stocks cruised into Friday flat as a pancake across North American markets. Buds today were CROP Infrastructure Corp (CSE:CROP) (OTCMKTS:CRXPF), True Leaf Brands Inc (CSE:MJ) (OTCMKTS:TRLFF), while the duds were TerrAscend Corp (CSE:TER) (OTCMKTS:TRSSF),...

on 23/8/19

2 min read