Canopy Rivers Inc. (TSXV: RIV), a unique investment and operating platform designed to pursue investment opportunities in the emergent global cannabis sector, this morning began trading its subordinated voting shares on the TSX Venture Exchange under the ticker symbol “RIV.” In a news release issued on September 17, 2018, Canopy Rivers reported the successful completion of its qualifying transaction. The transaction consisted of a three-cornered amalgamation involving the company’s wholly owned 10859150 Canada Inc. subsidiary merging with Canopy Rivers Corporation. Canopy closed its first day of trading at $8.75 on volume of more than 18 million.
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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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