- Business
- Vert Infrastructure Ltd Vert Infrastructure Ltd. (CRXPF) invests in, constructs, owns, and leases infrastructure for specialty agricultural businesses, including greenhouse projects primarily for licensed cannabis producers; the company offers financing solutions such as capital investments for land expansion, greenhouse facilities, brand positioning, electrical distribution networks, and lighting systems. Vert Infrastructure Ltd. maintains a portfolio of assets in key markets including Washington State for cannabis operations, California for medical and recreational cannabis, Nevada cannabis farms, and hemp CBD farms, targeting licensed producers and specialty agriculture operators across North America. Founded in 2011 and headquartered in Vancouver, British Columbia, Canada, the company, formerly known as Crop Infrastructure Corp., provides real estate services encompassing branding, investing, constructing, owning, and leasing tailored infrastructure solutions. In recent developments within the last few years, Vert Infrastructure Ltd. underwent a name change from Crop Infrastructure Corp. and navigated receivership proceedings starting in 2020, involving asset sales such as transactions with Emprise and Elite entities approved in 2021; the company also pursued a proposed restructuring and announced a non-brokered private placement of 10 million units at CAD 0.10 each to raise proceeds for operations. These changes reflect strategic shifts amid challenges in the cannabis sector, including court-ordered receivership management by KSV Advisory and dispositions of properties held through limited liability companies.