Large Uptick in Cannabis Activities and Operations Ensues as Industry Evolving Quicker Than Expected - Seite 2

Esmerelda County is one of the only jurisdictions in Nevada where climate and zoning allows for greenhouse or outdoor growing. This will be significant for our tenant growers and brand licensee to be able to provide high quality product on a large scale at the lowest cost possible, keeping with CROP's strategy.

The initial set up costs of outdoor 80-acre operation will be approximately $1,200,000 and should yield tenants 160,000 pounds of outdoor cannabis for extraction and edibles and a 44,000 square foot light supplemented greenhouse facility at a cost of $2.0 Million. The greenhouse facility should yield tenants 24,000 pounds of high quality flower per year with an additional 25% for extraction and edibles. The project can be expanded up to 300 acres of combined greenhouse and outdoor cultivation. Read this full announcement and more news for CROP Infrastructure at: http://www.marketnewsupdates.com/news/crop.html

Additional cannabis industry related developments from around the markets:

Aurora Cannabis Inc. (TSX:ACB.TO) (OTCQB:ACBFF) recently announced it has partnered with Elevate, Canada's Tech Week, to present a stand-out roster of panel discussions and interactive sessions with innovators and pioneers in the cannabis industry. As a gold partner of Elevate, Canada's largest tech and innovation festival, Aurora has been instrumental in shaping the Elevate Cannabis and Elevate Health tracks that will feature leading experts in research, medicine, finance and entrepreneurship in the cannabis industry. "We are thrilled to partner with Elevate this year. This conference is about showcasing Canada as a leader in technology as well as demonstrating a diverse and inclusive society. This is precisely what Aurora stands for - innovation, community, culture," says Paula Whitmore , Director, Partnerships and Events, Aurora. "The line-up of speakers and topics demonstrates our desire to work with different industries to develop innovative solutions and products in the recreational and medical environments."

Canopy Growth Corporation (TSX:WEED.TO) (NYSE:CGC) News: Organigram Holdings Inc. (TSXV:OGI.V) (OTCQB:OGRMF), the parent company of Organigram Inc. and Canopy Growth Corporation, leading licensed producers of cannabis recently announced that following Organigram's approval as a cannabis supplier in the Province of Newfoundland and Labrador, the Companies have signed a two-year supply and distribution agreement. Organigram will become a key supplier of branded, finished cannabis products to Canopy Growth's Tweed-branded retail operations in Newfoundland and Labrador once adult recreational cannabis is legalized in Canada on October 17 th, 2018. Canopy Growth will also perform a B2B sales function for Organigram by marketing its portfolio to other licensed retail outlets in Newfoundland and Labrador.