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RIV Capital Inc C.RIV

Alternate Symbol(s):  CNPOF

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 Apr 05, 2022 8:32am
106 Views
Post# 34575921

RE:US Legislation of some sort likely coming soon

RE:US Legislation of some sort likely coming soonGetting closer ...
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Posted April 1, 2022 at 2:34pm

The House passed a bill to legalize marijuana for the second consecutive Congress, signaling a continued interest by Democrats in overhauling the federal approach to a substance that is legal for medical use in 37 states.

The 220-204 vote on the bill, which would decriminalize the possession and use of marijuana, fell mostly along party lines Friday. Three Republicans voted in favor of the bill, and two Democrats voted against. 

When a similar bill passed in 2020, the GOP-controlled Senate declined to take it up, but lawmakers are hopeful that growing public support and a Democratic majority in the chamber could spur action. 

“The Senate works with its own schedule,” said Rep. Earl Blumenauer, an Oregon Democrat. “We’ve talked to a number of people in terms of their support for this, but I’ve only been here 20 years, and I do not pretend to understand the ways of the Senate.”


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