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RIV Capital Inc CNPOF


Primary Symbol: C.RIV

RIV Capital Inc. is a Canada-based acquisition and investment company. The Company is focused on the United States (U.S.) cannabis market by acquiring, investing in, and developing operators and brands to create a multistate platform. The Company is a direct parent company of RIV Capital US Corporation and RIV Capital Corporation and exercises financial control over Etain, LLC. Through its strategic relationship with The Hawthorne Collective, Inc. (The Hawthorne Collective), a subsidiary of The ScottsMiracle-Gro Company (ScottsMiracle-Gro), the Company is The Hawthorne Collective's preferred vehicle for cannabis-related investments not under the purview of other ScottsMiracle-Gro subsidiaries. The Company's subsidiaries include 2683922 Ontario Inc., RIV Capital US Corporation, RIV Capital US Holdings LLC, RIV Capital US Real Estate LLC and RIV Capital US Services LLC.


CSE:RIV - Post by User

Comment by proneon Feb 13, 2021 1:40pm
137 Views
Post# 32562138

RE:RIV - is Better than BIG Players

RE:RIV - is Better than BIG Players

Factor this in....
---->In December 2021, Canopy Rivers entered into a definitive agreement to sell its interests in TerrAscend and TerrAscend Canada, Vert Mirabel, and Tweed Tree Lot to Canopy Growth Corp. (WEED.TO)

---->for $115.0 million in cash, up to 3.75 million shares in Canopy Growth and the cancellation of Canopy Growth's multiple voting shares and subordinated voting shares of Canopy Rivers.

After the deal's anticipated closing by the end of February, Canopy Rivers expects

---->to generate about $310 million in net cash and liquid securities on a pro forma basis.

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