Large Uptick in Cannabis Activities and Operations Ensues as Industry Evolving Quicker Than Expected

PALM BEACH, Florida, September 26, 2018 /PRNewswire/ --

Marketnewsupdates.com News Commentary 

The Cannabis industry continues its eccentric growth as it becomes one of the more powerful and influential markets in the global economy. Leaders in the space are rapidly expanding operations on the heels of increased investment from both private and public sources. Cannabis is already a multi-billion dollar market in 2018 and is projected to hit $25 billion by 2025, according to New Frontier Data. Some project that number to triple by 2030 as growth continues to accelerate. Popular methods for expansion include the acquisitions of land, as well as investing into plant and equipment to increase output efficiency. With a number of states expected to advance cannabis legalization measures in the next 24 months and Canada being at the door step for full legalization, more consumers will be able to access legal cannabis in the years to come which is great news for active cannabis stocks in the markets including: CROP Infrastructure Corp. (CSE:CROP) (OTC:CRXPF), Canopy Growth Corporation (TSX:WEED) (NYSE:CGC), Aurora Cannabis Inc. (TSX:ACB) (OTC:ACBFF), Liberty Health Sciences Inc. (CSE:LHS) (OTC:LHSIF), Terra Tech Corp. (OTC:TRTC).

CROP Infrastructure Corp. (CSE:CROP) (OTCPK:CRXPF) BREAKING NEWS: CROP Infrastructure announces that its subsidiary Elite Ventures Group LLC has signed a joint venture agreement with The Hempire LLC of Nevada (the "Tenant") to purchase a 100% interest in an 1,000 acre Esmeralda County agricultural cannabis project tenanted with a suite of cannabis licenses including medical cultivation, medical production and with adult use recreational cultivation & production conditional licenses as well as an option to acquire a retail dispensary application assigned to a strategic location on highway 95 on route to Las Vegas. CROP has agreed to loan up to $4,250,000 USD over a period of the next 6 months to acquire 100% of the initial 10 acres of real estate and associated infrastructure with the additional 1,000 acres being paid for at a cost of $4,500,000 over a 20-year amortization period at 6% interest with a 3-year balloon payment. CROP will receive preferential payback on the project at a rate of 60% of the net profits from Elite.