Canopy Rivers Inc - Class A CNPOF

Financial Services Asset Management

Canopy Rivers Inc is a venture capital investment and operating platform structured to pursue investment opportunities in the global cannabis sector. The company has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the cannabis sector. The investments take the form of production-linked royalties, secured debt, newly formed joint ventures, and a variety of equity and equity-linked instruments.

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Canopy Rivers Inc - Class A

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Post by therivercardon May 25, 2020 1:21pm

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Post# 31069488

How much Is Rivers undervalued?

Rivers management recently announced an NCIB enabling the company to buy back approximately 10% of the float given that the share price was considerably undervalued.

With currently 19 maturing partnerships and growing under their investment umbrella, the question in the short run has to be, how much is Rivers undervalued?

Parent company, Canopy Growth, raised their ownership to 27% with a 30m$/4.80$ per share additional support in Feb/2019. If this is a benchmark that Rivers might be using in relation to the current share price, it would suggest tremendous upside.

At the same time, a significant majority of Americans favor regulations and state budgets are seriously in the red/continuing to free fall in relation to Covid19. Should this speed up the need for federal/state/WHO legalization, Rivers upside potential would be even greater.

Food for thought/discussion. GLTAlongs