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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

Post by proneon Jul 03, 2021 4:27pm
271 Views
Post# 33489923

U.S. Supreme Court

U.S. Supreme Court

----> Just Became The Cannabis Sectors Largest Megaphone

The prospects for legal cannabis in the United States (US) significantly improved

---->Supreme Court Justice Clarence Thomas said that federal laws against the industry are inconsistent, making a national prohibition unnecessary.

The statement comes after the court decided not to hear a new case that is related to tax deductions claimed by a Colorado medical cannabis dispensary.

---->Justice Thomas said, A prohibition on interstate use or cultivation of marijuana may no longer be necessary or proper to support the federal governments piecemeal approach.

Federal policies of the past 16 years have greatly undermined its reasoning. The federal governments current approach is a half-in, half-out regime that simultaneously tolerates and forbids local use of marijuana.

Justice Thomas five-page statement covered a wide range of topics and we are favorable on how the rhetoric from a conservative member of the Supreme Court has changed.

In the statement, he asserted that cannabis businesses do not experience equal treatment under the law.

Currently, 36 states have legalized medical cannabis and 18 have legalized recreational cannabis.

During the last few years, the landscape of the US cannabis industry has changed and there are several operators that are valued at more than $1 billion. https://technical420.com/cannabis-article/the-u-s-supreme-court-just-became-the-cannabis-sectors-largest-megaphone/#

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