Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) today
announced that its portfolio company and subsidiary of Canopy Growth
Corporation (TSX: WEED) (NYSE: CGC), Les Serres Vert Cannabis Inc. (“Vert
Mirabel”), has received its final cultivation license from Health Canada.
According to the update, all Vert Mirabel operating space of 700,000 square
feet is now licensed for cannabis production. “We are thrilled that the
operational infrastructure at Vert Mirabel is now fully online with over
500,000 sq. ft. already in production,” Canopy Rivers COO Olivier
Dufourmantelle said in the news release. “Vert Mirabel is a key asset for
Canopy Rivers as it provides exposure to a commercially scaled source of
locally grown, premium quality cannabis for distribution into Québec and across
the country.” In addition, Canopy Rivers announced that it will be hosting its
analyst and investor day from 1:00 PM to 5:00 PM ET today, May 28. The event
will be webcast live and available on Canopy Rivers’ website immediately prior
to the event at www.CanopyRivers.com/Investors/Events.
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
About MissionIRNewsBreaks
MissionIRNewsBreaks provide
a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by
our Team of professional journalists that keep a constant eye on the markets,
these posts are designed to inform you on the latest happenings of our clients
and other publicly traded companies on our radar. From earnings, acquisitions
and agreements to conference attendance and clinical study results, our news
breaks keep you up-to-date with the day’s top movers. MissionIR is primarily
focused on strategic communications. We have executed countless communications
programs to address the needs of companies ranging from start-ups to
established industry leaders, gaining valuable experience and the expertise
necessary to determine the most effective strategy for any given situation.
Please see full terms of use and disclaimers on the Mission
Investor Relations website applicable to all content provided by MIR, wherever
published or re-published: http://www.missionir.com/disclaimer.html
