Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) this morning announced that the company has granted incentive stock options under its stock option plan to certain officers to purchase a total of 1,263,000 subordinate voting shares, each at a price of $3.87. According to the update, subject to TSX Venture Exchange policies, the options are exercisable for a period of five years.
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About Canopy Rivers
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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