CROP Infrastructure


Funding Real Estate and Infrastructure in the Cannabis Sector

Press Releases


CROP Infrastructure Corp. (CSE:CROP, OTC:CRXPF, Frankfurt:2FR) is a publicly traded Canadian corporation enabling licensed cannabis producers to achieve sector growth by providing capital for the acquisition of land, real estate, branding and infrastructure for their operations. Sensing increasing potential in the US cannabis market, CROP Infrastructure is an early mover with operations in Washington, California and Nevada.

CROP Infrastructure’s business model is aimed at addressing issues in the cannabis industry, including the fact that financial institutions are not yet willing or able to fund companies in the sector and that, as a result, growers lack the capital to effectively establish and grow their operations. As regulations in legalized cannabis jurisdictions do not preclude organizations from funding real estate or equipment for the sector, CROP Infrastructure is entering a niche position in which it can provide capital to licensed producers without the need of being producers themselves.

CROP Infrastructure began rolling out its business model in Washington State and is in the process of constructing a 43,680-square-foot cannabis production facility in partnership with three brands: Evolution, Tiffany and Trikom. Once the facility is fully-operational, CROP Infrastructure expects it to produce approximately 2,000 pounds of cannabis per month. In February 2019, the company commenced sales.

CROP Infrastructure has signed an LOI with Naturally Splendid Enterprises Ltd. (TSXV:NSP) for the development and manufacturing of CROP Infrastructure’s hemp brands Hempire and Tiffany CBD. Naturally Splendid is tasked with creating a variety of retail products which will then be distributed through CROP Infrastructure’s distribution network.

The company has also entered into a membership purchase agreement with Humboldt Holdings LLC., under which CROP Infrastructure invested $2 million in land, equipment and the development of 20,000 square feet of canopy in California. The 30,000 square-foot facility is fully-operational. CROP Infrastructure currently has a 49 percent stake in Humboldt Holdings and retains the option to gain an additional 20 percent for $1 million.

In California, CROP also has late stage applications for retail operations in San Bernardino and West Hollywood. The retail outlets are supplied will be operated under the brand Emerald Heights and will sell under the Hempire, Trikom, Tiffany CBD and Evolution Cannabis brands.

CROP Infrastructure has continued to expand its presence into Nevada significantly. The company has a 2,115-acre project in Nye County and a 1,010-acre project in Esmeralda County. The two properties will house both indoor and outdoor cultivation, a tissue culturing and micropropagation lab, and commercial production and extraction facilities.

Company Highlights

  • Funding a real estate and infrastructure investment portfolio within the cannabis space
  • Investments paid back through leasing, licensing, branding, and management fees
  • Plans to deploy model across North America in legal jurisdictions
  • Development and manufacturing agreement in place with Naturally Splendid.
  • Fifteen brands of cannabis and hemp that they can offer consumers
  • Toll processing deals signed for Nevada and California
  • Offtake agreement for Nevada signed
  • Received hemp handler, nursery and grower licenses in Nevada
  • Commenced sales in Washington
  • Three-year, 1.5-million-pound Nevada supply agreement commences in August 2019
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