Effective Jan. 13, 2020, Michael Yorke has stepped down as the chief executive officer of Crop Infrastructure Corp., and Arif Merali has been appointed as the company’s interim CEO. Mr. Yorke remains a director of the company. The company wishes to thank Mr. Yorke for his contributions as CEO.
The company also announces that the effective date of the proposed consolidation of its issued and outstanding common shares has been amended from Jan. 15, 2020, to Jan. 16, 2020. In connection therewith, the company also announced that it expected to change its name to Vert Infrastructure Corp. and, effective at the commencement of trading following the proposed consolidation, that it expected to trade its common shares under the new stock symbol VVV. The company wishes to clarify that the suffix corp. was announced in error as the company’s name is expected to be changed to Vert Infrastructure Ltd.
The company would also like to clarify that its Oklahoma Ventures Group LLC farm is located in Chelsea, Okla., and not Purcell, Okla., as stated in the Jan. 10, 2020, update.
About Crop Infrastructure Corp.
Crop has developed a portfolio of asset investments, including: two in Washington State, medical and recreational in California, a 1,012-acre Nevada cannabis farm, and a 315-acre hemp CBD (cannabidiol) farm.
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