11:24 AM EST - CROP Infrastructure Corp. : Announced that its tenant grower “The Hempire Company, LLC” has been issued a formal Nevada hemp licence covering all 240 pivoted acres of CROP’s Nye County, Nevada farm. Planting has been completed on 120 acres and is now underway on an additional 120 acres, consisting of only approved organic and natural materials in agriculture production in order to be deemed an Organic operation. CROP Infrastructure Director and CEO, Michael Yorke stated: “Our licensed tenant Hempire has doubled the planned hemp growing acreage from 120 acres to 240 acres for the last crop of the 2018 season. This is great news for our fourth quarter projections; we are now expecting Q3 & Q4 tenant harvest in all 4 jurisdictions where the company is present: California, Nevada, Washington State and Italy.” CROP Infrastructure Corp.
shares CROP:CNX are trading unchanged at $0.27.
