OTCPK:CNPOF - Post by User
Post by
TradeHon Dec 10, 2018 6:08pm
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Post# 29094215
Please read this all Canopy Rivers investors.
Please read this all Canopy Rivers investors.
We expect that PharmHouse will obtain its cultivation licence sometime in H1/CY19, an event that would enable Canopy Rivers largest investment to begin production, Landry says. Additionally, the Farm Bill and the STATES Act remain on the horizon and, if passed, could enable Rivers to enter the US cannabis market through the PharmHouse JV partner. Lastly, Canopy Rivers has ~$134m of capital to deploy (fully diluted), a healthy war chest that we expect will be put to use in the medium term, potentially in international markets beyond the US.