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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

Post by proneon Oct 06, 2022 5:03pm
171 Views
Post# 35010692

President Joe Biden is issuing an executive order ....

President Joe Biden is issuing an executive order ....

..... pardoning all Americans who have been federally convicted of "simple possession of marijuana".

...

Recent polls show that a majority of Americans believe weed should be legal.

"Sending people to prison for possessing marijuana has upended too many lives and incarcerated people for conduct that many states no longer prohibit," Mr Biden said in a statement on Thursday.

"Criminal records for marijuana possession have also imposed needless barriers to employment, housing and educational opportunities," he continued, adding that racial minorities were statistically far more likely to be jailed for cannabis.

Mr Biden, a Democrat, said he will call upon all state governors to issue their own marijuana pardons.

He is also directing the Department of Justice and the Department of Health and Human Services to review how cannabis is classified under federal law.

 

"We classify marijuana at the same level as heroin - and more serious than fentanyl," said Mr Biden. "It makes no sense."

Recreational marijuana is already legal in 19 states and Washington DC. Medical use is legal in 37 states and three US territories.

..


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