Dynamic plant-based food and beverage company Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) today
announced that its portfolio company TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF)
has been issued a Good Manufacturing Practice (“GMP”) certificate in accordance
with the rules governing medicinal products in the European Union (“EU”) for its
Mississauga, Ontario, Canada facility. According to the update, TerrAscend has
also entered into a comprehensive sales and distribution agreement with German
pharmaceutical wholesaler iuvo Therapeutics GmbH (“iuvo”). “We applaud
TerrAscend for achieving one of the highest and most rigorous levels of quality
certification in the world,” Canopy Rivers President Narbe Alexandrian said in
the news release. “TerrAscend is now one of select Canadian licensed producers
that have been issued EU GMP certificates, and with its new distribution
arrangement with iuvo, becomes the first and only cannabis operator with sales
in US, Canada, and Europe.”
To view the full press release, visit http://ibn.fm/fk3JN
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.
NOTE TO INVESTORS: The latest news and updates
relating to CNPOF are available in the company’s newsroom at http://ibn.fm/CNPOF
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