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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 Sep 13, 2022 9:57am
134 Views
Post# 34959147

RE:Forging ahead....

RE:Forging ahead....Over time a reverse takeover...?
..
  • The Hawthorne Collective has a “top-up” option to purchase additional promissory notes to increase its pro rata ownership of the Company, to a maximum of 49% of the Company’s outstanding common shares, on substantially the same terms of the Note and at a conversion price equal to the market price of the common shares of the Company at the close of trading on the day immediately prior to The Hawthorne Collective providing notice of its election.

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