Tag: Washington State
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CROP Infrastructure (CROP.C) buys 30% stake in US grow facility at bargain price
If you got a phone call from an exec at Cronos Group (CRON.T) and said exec offered to let you buy 30% of their entire grow, which we have down as 42k sq ft, on current market cap ($1.6 billion) they’d likely be looking for around $500m for it. If you got another call from…
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CROP Infrastructure (CROP.C) cashing in on Washington State’s $1.4 billion cannabis industry
Back in the day, when the cannabis craze was first dropping on the public markets, Canadians were forbidden from doing deals to buy Washington State cannabis growers. You had to be a local to get a license, and the method used to get one of those was comical. You had to fill out a form…