Two Rivers Water & Farming Company announced that it is making significant progress on its hemp crop share arrangement and water redevelopment project. Land development sales are progressing ahead of plan. Two Rivers currently values its water and associated land assets at the prior appraised value of approximately $31 million. Two Rivers believes that with a projected increase in demand for high quality CBD oil and water demand in the next few years, valuation and revenue opportunities of its water assets and hemp activities will also significantly increase.
