Source: Sydney Price, NC BUSINESS NEWS WIRE, 2/6/19

International Farming Corp., a Kinston-based agricultural investment company, has raised $404 million in a fund to invest in U.S. farmland. According to the Form D filed Monday, the company must collect over $1 billion in addition to sell its entire offering of $1.5 billion. The company announced last year that the primary purpose of the fund is to buy and lease large-acreage US farmland to large-scale tenants.

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