CROP Infrastructure Corp. (CSE: CROP) announces that the Company completed its previously announced non-brokered private placement offering of senior secured convertible debenture units. Pursuant to the transaction, the Company issued senior secured convertible debentures in the principal amount of $4,000,000 and an aggregate of 13,333,333 share purchase warrants with each Warrant entitling the holder thereof to acquire one common share of the Company at an exercise price of $0.50 per Warrant Share for a period of 3 years from the date of the closing of the Offering.

The proceeds of the Offering are expected to be used to continue to grow the Company’s United States operations and for general working capital purposes.

All securities issued pursuant to the Offering are subject to a restricted period of four months and one day.

For more information regarding the Offering, please see the Company’s February 7^th, 2019 news release.

None of the securities issued in connection with the Offering will be registered under the United States Securities Act of 1933, as amended (the “1933 Act“), and none of them may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any state where such offer, solicitation, or sale would be unlawful.

About CROP

CROP is publicly listed on the CSE and trades under the symbol “CROP” and in the US under the symbol “CRXPF”. CROP is focused on cannabis branding and real estate assets. The Company’s portfolio of projects includes cultivation properties in California, two in Washington State, a 1,000-acre Nevada Cannabis farm, 2,115 acres of CBD farms, extraction in Nevada and joint ventures on a San Bernardino dispensary app with international focuses in Jamaica and Italy.

CROP has developed a portfolio of assets including Canna Drink, a cannabis infused functional beverage line, US and Italian distribution rights to over 55 cannabis topical products and a portfolio of 16 Cannabis brands. CROP’s infrastructure has over 150,000 sq ft of built canopy and over 2,900 acres of real estate.