Dynamic plant-based food and beverage company Canopy Rivers
(TSX.V: RIV) (OTC: CNPOF) on Wednesday released its financial results for the
three and nine months ended December 31, 2018. Per the update, Canopy Rivers’
full Management’s Discussion and Analysis (“MD&A”) and unaudited interim
consolidated financial statements for the period are available on its SEDAR
profile at www.SEDAR.com and
via the company’s website. “With more than $55 million of capital deployed
during the quarter, Canopy Rivers continues to position itself as a preeminent
investment firm in the cannabis industry,” RIV Chief Financial Officer Eddie
Lucarelli said in the news release. “As we continue to see meaningful
developments at our portfolio companies, the closing of our bought deal
financing and strategic investment from Canopy Growth will add additional
strength to our balance sheet. With a strong pipeline of investment
opportunities and regulatory reform continuing around the world, Canopy Rivers
is optimally positioned to continue to prudently deploy capital to the global
cannabis sector.”
To view the full press release, visit http://ibn.fm/0VlKC
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 Corporation
(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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