Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) this morning
announced that its portfolio company, YSS Corp. (TSX.V: YSS) (WKN:
A2PMAX), has received its 12th cannabis retail license from the Alberta Gaming,
Liquor and Cannabis Commission (“AGLC”). According to the update, the newly
licensed store will operate under the YSS(TM) brand name and is strategically
located in a high-traffic suburban area in northwest Edmonton. YSS operates six
stores in Calgary and Red Deer, with an additional two licensed Vermilion and
Vegreville locations expected to open within the next week. “YSS continues to
strengthen its hold on Alberta’s cannabis retail landscape, now boasting a
total of 12 stores licensed by the AGLC,” Canopy Rivers President and CEO Narbe
Alexandrian said in the news release. “With plans to have all of its licensed
stores operational by the end of Q3 2019, this announcement is a continued
testament to YSS’s potential for growth and long-term profitability.”
To view the full press release, visit http://ibn.fm/Ax0MD
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 identifies 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 Corporation (TSX: WEED) (NYSE: CGC) 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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