Canopy
Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in
cannabis, today announced the expansion of its strategic advisory board to add
Thirty Five Ventures, the business owned by NBA star Kevin Durant and sports
business executive Rich Kleiman. According to the update, Thirty Five Ventures
will collaborate with Canopy Rivers as it continues to pursue its global growth
strategy and strengthen its global portfolio of leading cannabis companies.
Canopy Rivers will also look to co-invest with Thirty Five Ventures on cannabis-related
deals, leveraging the group’s expertise in brand development and marketing.
“We’re thrilled to have Thirty Five Ventures join the Canopy Rivers team,”
Narbé Alexandrian, president and CEO of Canopy Rivers, said in the news
release. “Kevin Durant and Rich Kleiman have built an incredible brand
worldwide, investing in and growing some of the cannabis and tech industry’s
hottest companies. We’re excited to combine our venture capital knowledge and
cannabis domain expertise, and we believe that this partnership will drive
success for our portfolio as we continue to grow it in the years ahead.”
To view the full press release, visit http://ibn.fm/NDs2q
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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