Canopy Growth Corp. (TSX: WEED) (NYSE: CGC) recently congratulated the Canopy Rivers (TSXV: RIV) team for its commencement of trading on the TSX Venture Exchange under the ticker symbol “RIV” on September 20, 2018. Canopy Rivers, a unique investment and operating platform designed to pursue investment opportunities in the emergent global cannabis sector, was originally founded to diversify Canopy Growth’s cannabis supply streams. Canopy Rivers rapidly progressed into a worldwide strategic growth platform that builds value in cannabis venture partners by supporting each stage, from licensing and genetics to financial and strategic support, leveraging its affiliation with Canopy Growth. Presently, Canopy Rivers holds a diverse portfolio of strategic investments comprised of an innovative media platform, licensed cannabis producers and applicants, and a leading European hemp cultivator.
“Canopy Rivers presents a world of opportunity for its partners and for Canopy Growth. It’s the type of relationship that allows us to continue to grow our lead in this incredibly dynamic industry, and we at Canopy Growth couldn’t be more excited for Canopy Rivers to be taking this transformative step into the public markets,” Chairman and co-CEO of Canopy Growth and acting CEO of Canopy Rivers, Bruce Linton, stated in the news release. “Whether it’s access to new brands, new technologies, differentiated products, first rights to future financing opportunities, and even rights to future full acquisition, Rivers will build value for shareholders, including Canopy Growth by building value for its portfolio partners.”
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About Canopy Rivers Inc.
Canopy Rivers is a unique investment and operating platform structured to pursue investment opportunities in the emerging global cannabis sector. Canopy Rivers works collaboratively with Canopy Growth (TSX: WEED, NYSE: CGC) to identify strategic counterparties seeking financial and/or operating support. Canopy Rivers has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the emerging cannabis sector. As the portfolio continues to develop, constituents will be provided with opportunities to work with Canopy Growth and collaborate among themselves, which Canopy Rivers believes will maximize value for its shareholders and foster an environment of innovation, synergy and value creation for the entire ecosystem. For more information, visit the company’s website at www.CanopyRivers.com.
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