Engaged in branding, investing, constructing, owning and leasing infrastructure for certain licenced or permitted specialty agricultural businesses Portfolio of asset investments including; two in Washington State, medical and recreational in California, a Nevada Cannabis farm and a Hemp CBD farm Plans to look at expanding into mushrooms in 2020 What Vert Infrastructure does:
Vert Infrastructure Ltd (CSE:VVV) (OTCMKTS:CRXPF) is heading into the new decade with a fresh name and a rebranded business.
The cannabis company was formerly known as CROP Infrastructure Corp.
Vert is structured in a similar way to a Real Estate Investment Trust (REIT) – a company that owns, operates or finances income-producing real estate. It leases real estate and provides equipment/expertise in exchange for a management fee.
Vert’s assets include medical and recreational facilities in California, a 1,012 acre Nevada cannabis farm, a 500 acre hemp CBD farm and a growing portfolio of cannabis company shares.
The firm’s Nevada operations consist of Elite Ventures Group LLC, in which it has a 49% membership interest with an option to increase its interest to 83%. Elite owns a 1,012 acre THC Cannabis farm located in Esmerelda County, Nevada and a 315 acre Hemp CBD farm located in Nye County, Nevada as well as infrastructure, buildings, chattels and farming equipment. Isogenics LLC, Elite’s Esmerelda Property operations partner, holds the THC cultivation, production and distribution licenses registered on the Esmerelda Property.
Similarly, the firm’s California operations include Humboldt Holdings LLC in which it holds a 49% interest. Humboldt owns an 8.46 acre THC cannabis farm in Humboldt County, California. The property currently houses a 10,000 square foot greenhouse as well as a barn, garage and residence.
The company also has a 30% interest in Ocean Green Management LLC, and a 49% interest in Wheeler Park Properties LLC, which owns 9 acres of land