Canopy
Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in
cannabis, this morning released its financial results for the three and six
months ended September 30, 2019. The company’s unaudited condensed interim
consolidated financial statements for Q2 2020, as well as its management’s
discussion and analysis (“MD&A”) for Q2 2020, are available under its SEDAR
profile and the company’s website. “Headlined by our graduation to the TSX, our
business matured during the second quarter as we launched our Strategic
Advisory Board and continued to work closely with our portfolio companies as
they achieved new milestones,” Canopy Rivers president and CEO Narbé
Alexandrian said in the news release. “There were numerous achievements for our
portfolio companies this quarter. Several of these companies received licences
and amendments from Health Canada for the sale of cannabis oils, while others
made key acquisitions, launched their Canadian business, or brokered agreements
with companies both inside and outside of the Canopy Rivers ecosystem. As we
move forward, we plan to continue to develop a robust ecosystem of mutually
beneficial cannabis companies intended to drive the industry forward and lay
down the foundation for long-term success.”
To view the full press release, visit http://ibn.fm/MkkoJ
About Canopy Rivers Inc.
Canopy Rivers is a venture capital firm specializing in
cannabis. Its unique investment and operating platform is 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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