11:17 AM EST - Crop Infrastructure Corp. : Announced today final inspection has been completed at its THC cultivation, production, commercial kitchen and extraction facility in Nevada. The final medical and recreational licenses are expected to be granted later this month. Meanwhile, construction continues there on the 40-acre perimeter wall for outdoor and greenhouse production. The 40-acre outdoor project is expected to cost $500,000 and is forecast to yield 80,000 pounds of high quality, organically grown outdoor cannabis which will be mostly for sale to extractors and for the company's tenant extraction quotas. The project is now 50% paid for. The company is now accepting off take and supply agreements requests for 2019 harvest. CROP CEO, Michael Yorke, stated: "With our ultra low cost, organic outdoor focus in Nevada, our tenant farms will provide extractors with cost effective extraction materials giving both CROP and our tenants a significant competitive advantage in Nevada for the 2019 season and beyond." Crop Infrastructure Corp.
shares CROP:CNX are trading off 2.86 percent at $0.34.
