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PALM BEACH, Florida , August 28, 2018 /PRNewswire/ --
MarketNewsUpdates.com News Commentary
NEWS: CROP Infrastructure announced today that its tenant has now commenced commercial production at Wheeler Park . The facility is designed for perpetual harvest of cannabis at 'The Park', its state-of-the-art facility in Washington State . Crop's licensed tenant grower has now advised the Company that it expects its first harvest of cannabis within weeks and it will be at full scale production in September 2018 . The perpetual harvest system utilizes cannabis strains with a 55-60 day flower cycle. Every other day the tenant grower removes three trays of flowered plants from the finishing end and harvests the plants, while simultaneously loading three new trays with plants to begin the flowering process.
The Park cannabis greenhouse is 35,000 sq/ft and sits on approximately nine acres of land. The facility recently underwent a complete retro-fit for hydroponic automation and the addition of 500 Gavita HPS grow lights. The greenhouse facility has five flowering bays that are designed to yield, at full scale production, approximately 12,000 pounds of high quality cannabis annually (~1,000 pounds per month). The current operating cost is $50,000 USD per month.
CROP Infrastructure Director and CEO, Michael Yorke , stated: "With harvests now underway in California along with our Washington tenant weeks away from its first harvest, the Company is now at a turning point. The Company expects four of its six tenant licensees to harvest at its farms, with each set to begin cash flowing in Q4 2018." Read this full announcement and more news for CROP Infrastructure at:
http://www.marketnewsupdates.com/news/crop.html
Very nice volume indeed... four painful red days on the 5th we capitulate... playing this until we find true price valuation... damn I love trading this stock and its liquidity...
Congrats to all that had the balls to cherry pick the bottom when the knife was falling... you know who you are....
Good work put here here today... very impressive reversal... lets hope for a $4.00 close... an hour and change left to get there...
The bounce off of the 50day was beautiful... RSI & MACD ready to go!... lets hope we're setting tomorrows table with a nice hammer to end a decent day...
$CVSI
Lets not forget the dollar amount of the suits... I'll be honest... this is OTC not big boards... people can prop their share count up as much as they want... At the end of the day, I believe there are very few individual investors that have the loss numbers that they are looking for let alone having that amount even invested in the stock to begin with...
The larger blocks were purchased below $1.00... a lot of that was most likely sold on the way up not to mention the are still up significantly in their positions...
This is a true witch hunt... Citron to the lawyers... all fraudulent...
A close above $4.00 would alleviate a lot of investor tension here... the stock took a pounding over the last 5 sessions and was very resilient... other otc stocks would be sitting at pennies at this point... a nice base in the 4 range would be nice before we trade higher... looks like buy-side volume is finally kicking in this afternoon... trading like they are gearing this up for a relief rally IMO... nice base forming at this level... let's hope it holds and no other curve balls are thrown at us...
A test of $3.00 would be very welcomed...
Citron covering $CVSI short. Making 70% in a week is always a good trade. Stay tuned for more cannabis trades, our team is working hard to bring you the next 70% return.
Jumped in at $2.93... would love to see this close flat today... I'm sure we all do... lol!...
Way oversold!...
$CVSI
I agree... however now there are lawsuits lingering with more firms looking to pile on that train... that completely changes the complexion of the short and medium term outlook...
There is absolutely NOTHING that is different within company that it was 2 weeks ago..
I was tempted but didn't get my signal so I held off... would like to see one of these lows confirmed with heavy volume before I step in... then again... I'm looking for a trade not a hold at his point...
IMO we have farther to fall... we'll see...
Retail investor stepping in here, small buys big sells... zero conviction with these small dead cat bounces... smart money is still waiting IMO... $2's seem to be imminent...
I agree... the way this just cut through the 3's tells me that they want this lower... we need capitulation... I think those levels will bring it... max pain needed before recovery... that's just how it is...
Good luck with that... this is headed down to the $3.00 level my friend... not enough buy-side volume to hold this here...
$3.00 brings in new buyers IMO...
$3.40 support... we break that look for a buying opportunity at the $3.00 level... regardless... hope we find some support soon...
I'm a buyer at $3.00...
THEY FEAR $CVSI!... A lot of scumbags circulating like vultures... this is all part of a massive coordinated attack against $CVSI, we all know that... however the glass is half full... I would have to believe at this point all their old dirty laundry from the past is aired out...
IMO rather than uplisting they should consider taking the company private...
About Faruqi & Faruqi
https://www.forbes.com/sites/danielfisher/2013/03/14/faruqi-faruqis-clouded-reputation-takes-another-hit-with-sex-suit/#336627283a92
THEY FEAR $CVSI!... It's so blatantly transparent...
Competition.... Big pharma... alcohol... tobacco... something macro is happening here... extremely ironic that short attacks are being coordinated right around the time CW is about to go public, Canopy just got a cash infusion from Corona etc... I smell a rat...
The crap that's being dug up is an absolute joke... That SA article screams desperation from the author... I wouldn't be surprised if the douchbag author is in bed with the idiots over at Citron...
Another perfectly timed article from a nobody... the author comes across like an idiot... fortunately there is nothing in that article that we didn't already know...
Ready to get stoked up son?!... good ole fashion short beating coming... you're going to glowing more than your avitar after you see whats coming... LMAO!...
$CVSI...
No matter how you slice it, $GBLX is rising to the top!... Very impressive setup over there... $GBLX moving, shaking and winning on all fronts...
Great company!... big potential both short and long-term...
$GBLX
Looks like we may have found a bottom today... textbook consolidation after the initial pop... damn I love these market makers.... should trade up to the .50 handle this next wave IMO...
$GBLX
Old news... time to move on... next thing you know Citron will be calling out $CVSI colluding with the Russians... LMAO!... grab that tin foil hat...
To answer your question....
What exactly was bogus about the Citron tweet?
I'm free from this piece of garbage!!!... sold my last 30k shares today...
eff this stock!!!! it will never move higher...
Back in at .325... Should get a nice bounce here shortly... way oversold...
VANCOUVER, British Columbia , Aug. 28, 2018 /PRNewswire/ -- CROP Infrastructure Corp. (CSE: CROP.CN) (OTCMKTS: CRXPF) (CROP.CN) ("CROP" or the "Company") announced today that its tenant has now commenced commercial production at Wheeler Park . The facility is designed for perpetual harvest of cannabis at 'The Park', its state-of-the-art facility in Washington State . Crop's licensed tenant grower has now advised the Company that it expects its first harvest of cannabis within weeks and it will be at full scale production in September 2018 . The perpetual harvest system utilizes cannabis strains with a 55-60 day flower cycle. Every other day the tenant grower removes three trays of flowered plants from the finishing end and harvests the plants, while simultaneously loading three new trays with plants to begin the flowering process.
The Park cannabis greenhouse is 35,000 sqft and sits on approximately nine acres of land. The facility recently underwent a complete retro-fit for hydroponic automation and the addition of 500 Gavita HPS grow lights. The greenhouse facility has five flowering bays that are designed to yield, at full scale production, approximately 12,000 pounds of high quality cannabis annually (~1,000 pounds per month). The current operating cost is $50,000 USD per month.
CROP Infrastructure Director and CEO, Michael Yorke , stated: "With harvests now underway in California along with our Washington tenant weeks away from its first harvest, the Company is now at a turning point. The Company expects four of its six tenant licensees to harvest at its farms, with each set to begin cash flowing in Q4 2018."
About CROP Infrastructure Corp.
CROP Infrastructure Corp. is publicly listed on the Canadian Securities Exchange and trades under the symbol "CROP" and in the US under the symbol "CRXPF". CROP is primarily engaged in the business of investing, constructing, owning and leasing greenhouse projects as part of the provision of turnkey real estate solutions for lease-to-licensed cannabis producers and processors offering best-in-class operations. The Company's portfolio of assets includes cultivation properties in California , Washington State , Nevada , Italy , Jamaica and a joint venture on West Hollywood and San Bernardino dispensary applications. CROP has developed a portfolio of 16 Cannabis brands and has US and Italian distribution rights to a line of over 55 topical cannabis products from The Yield Growth Corp.
Disclaimer for Forward-Looking Information
Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. In addition, marijuana remains a Schedule I drug under the United States Controlled Substances Act of 1970. Although Congress has prohibited the US Justice Department from spending federal funds to interfere with the implementation of state medical marijuana laws, this prohibition must be renewed each year to remain in effect. These statements generally can be identified by the use of forward-looking words such as "may", "should", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe" or "continue", or the negative thereof or similar variations. Forward-looking statements in this news release include statements regarding the expected yield from The Jamaica Property; the technological effects of The Jamaica Property on production; the intention to expand its portfolio; and execute on its business plan. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding the regulatory and legal framework regarding the cannabis industry in general among all levels of government and zoning; risks associated with applicable securities laws and stock exchange rules relating to the cannabis industry; risks associated with maintaining its interests in its various assets; the ability of the Company to finance operations and execute its business plan and other factors beyond the control of the Company. Such forward-looking statements should therefore be construed in light of such factors, and the Company is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
Company Contact
Michael Yorke – CEO & Director E-mail: info@cropcorp.com Website: www.cropcorp.com Phone: (604) 484-4206
View original content:http://www.prnewswire.com/news-releases/crops-wheeler-facility-commences-commercial-production-300702936.html
SOURCE CROP Infrastructure Corp.
Lets not blame the 3billion + outstanding share count... the 5 billion authorized... insider enrichment... massive dilution over the years... or the clowns that run this company... they had their chance and they unfortunately blew it...
$MJNA is a shareholders nightmare!... frickin' garbage!... how about audited financials?... nothing they say is true until financials are audited... all smoke and mirrors... the reason why no one believes this scam anymore... the stock will never be taken seriously until they prove their bullshit is real!...
$MJNA sucks!...
Ya... this was one of my first weed stock I bought back in 2012... Made some nice cash off of this scam in the past... I keep the remaining shares as a reminder of how much of a pump and dump the majority of the industry is... slapperville here... I hate this company with a passion... I can't read this board... everything just sucks about $MJNA!... frickin' losers running that 3 ring circus can't even get their financials straight... ya... sell more shares D-bags!... I own shares of this company and I hope the SEC investigates their asses...
Eff $MJNA!... ZERO SHAREHOLDER VALUE!!... marketmakers and the company are the only ones profiting here...
Nice!... I was tempted but held back... I hoping to grab some at .325-.34 tomorrow am... just want to see the price firm up a bit before I buy more, looked a little shaky going into the close... anything under .36 IMO is a bargain... there was some decent support at that level today...
All you need to look at is the volume the past few sessions... the market makers are getting ready to run this IMO... would like this to trade at this level a few days before leggin up to .30's... we'll see...
Nice day put in here...
$CRXPF
.35 support... if that breaks we head back down to .30ish... tomorrow may present us with a great buying opportunity IMO...
ZERO SHAREHOLDER VALUE!! $MJNA CAN CARE LESS ABOUT YOU!...
How about that ER $MJNA?????!... this company is the biggest disappointment in the history of cannabis stocks... WTF is going on over there?... others are thriving, $MJNA is dead... holding this garbage for years and still only up fractionally...
Disgusting they are doing nothing for us except dropping our decimals...
$MJNA = LOSERSVILLE!...
Already hot my friend!... big if we can close above .34... looking for .40 over the next few sessions IMO...
Very nice triple bottom... absolutely beautiful!... I think we all caught the bottom... damn... wish I would have jumped in on those .15's - .16's though... preoccupied with $CVS$!...
I like the way this is trading... I'd be happy with .23 close today...
Strong start to the week!... let's hope it holds up...
Boom!... looks like we're breaking out... a close at or above .23 would be huge!...
Wow this stock is so easy to move... it was only a matter of time... could pull back but looks like it has a few days like this in it...
Just traded this 1st wave... .30 - .435... hoping to buy back in at or around .30 for another trade...
I also have a core position that I hold for the long haul... great company with serious potential... unfortunately I missed those .25's this round...
Needs to revisit these lows before trading higher... I wouldn't be surprised if we see .32's this week... great buying opportunity if that happens...
Closed the past 2 sessions above the 50day not to mention the volume and trading has picked up significantly... anything under .17 at this point is a pipe dream this run... possible pullback to the high .17's before we leg up... either way... this is gearing up for a move higher short term IMO...
Mono my friend!... good to see you here... looks like another great trading opportunity with significant upside... I'm sure you're feeling the same...
I'll check out your board... thanks!
$CRXPF
.3525... WAKE UP PEOPLE!... Stock is moving... this board is dead... Great company... significantly undervalued at this level... can't believe there isn't more buzz here...
GO $TGIFF!... .40+ next week IMO...
Just bought in this afternoon, seems extremely undervalued at this level... volume buzzer went off... looks like this is ready to go...
Solid company space from what I can see... a nice trade setting up at this level IMO...
Looks like the party is over short term... when the volatility calms down and the day traders leave, its back to reality IMO ($4 - $5 range)... again... from a trading standpoint, serious damage was done during that initial selloff... this has been used as a flipping machine... IMO stuck market makers and daytraders are keeping the price propped up...
Disclaimer: I'm still holding a core position for the long term... beginning to believe though that the recent news is baked into the cake...
.14 - 9.20 sitting at $6.75... risk to reward ratio... think about it...
Thank you for your posts... you're linking to some great content!...
On another note... impressive move so far today... even more impressive if we close above .37...
Looks like another green day teed up for tomorrow...
GO $GBLX!...
It's very unique indeed... completely outside of the box ... the reason why IMO this stock has no business in the basement... This is exactly what they needed to get them jump started...