VANCOUVER, British Columbia, July 24, 2018 (GLOBE NEWSWIRE) — CROP Infrastructure Corp. (CSE:CROP) (OTC:CRXPF) (“CROP” or the “Company”) announces that its tenant grower has completed planting of the additional 120 acres and is beginning site preparation and planning for the development of a CBD Isolate extraction facility. The Nye County agricultural hemp farm is located in central Nevada and was selected for its temperate climate, which is ideal for greenhouse and outdoor growing. The property totals over 315 acres and includes 300 acres of private water rights, with 240 acres under automatic irrigation pivots that also have automatic fertilizer injection systems installed. The desired location for the extraction facility is being cleared and leveled with permit application for construction being prepared. The Company is currently reviewing several quotes for industrial drying solutions and extraction equipment and will release further details once plans have been finalized. Additionally, permitting for the construction of cannabis greenhouses will be planned once the company is able to acquire a Cannabis Cultivation License on the 50 acres set aside.
Read the full press release: http://globenewswire.com/news-release/2018/07/24/1541176/0/en/CROP-s-Nevada-CBD-Farm-Completes-Planting-of-240-Acres-and-Begins-Site-Preparation-for-Extraction-Facility.html
Get Real-Time Updates from The Daily Marijuana Observer