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Bullboard - Stock Discussion Forum 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... see more

CSE:RIV - Post Discussion

RIV Capital Inc > Riv Capital Settles PharmHouse Guarantee With Final $7.5 Mil
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Post by AwareInvestor on May 17, 2021 7:21am

Riv Capital Settles PharmHouse Guarantee With Final $7.5 Mil

It appears that Riv Capital is almost out of the woods on certain debt it guaranteed for PharmHouse Inc, a failed Canadian cannabis cultivator. The firm announced this morning that PharmHouse has closed the sale of its greenhouse facility under an asset purchase agreement entered with a related party of Sensei Ag Holdings.
Comment by jawstoyz on May 19, 2021 6:59pm
They lost a lot of money here :((.
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