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Canopy Rivers Inc - Class A V.AIMVP


Primary Symbol: CNPOF

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.


OTCPK:CNPOF - Post by User

Post by proneon Dec 07, 2020 2:16pm
192 Views
Post# 32050747

River's Investments ... Good news ...

River's Investments ... Good news ...

Canopy Rivers Gives Update on Portfolio Companies

7:45AM ET on Friday Dec 04, 2020 by MT Newswires
Companies Mentioned: WEEDHMMJYSSRIV
 

07:45 AM EST, 12/04/2020 (MT Newswires) -- Canopy Rivers (RIV.TO), which grew 1.8% yesterday, overnight Thursday gave an update on its portfolio companies, TerrAscend, YSS, and Dynaleo.

In a statement the company said that TerrAscend (TER.CN) has received the final permit to dispense cannabis from its first medical dispensary in New Jersey.

Meanwhile, YSS (YSS.V) said in its Q3 earnings that revenue rose 24% from Q2 2020. Store-level EBITDA was near $0.6 million in Q3, up 56% over the previous quarter, according to a statement.

Lastly, Dynaleo has received its sales license from Health Canada. With this, Dynaleo may now distribute gummies from its Edmonton-based manufacturing facility to provincial wholesalers and retailers.

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