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Bullboard - Stock Discussion Forum RIV Capital Inc C.RIV

Alternate Symbol(s):  CNPOF

Financial Services Asset Management
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 > Just starting to grow faster with strong production....
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Post by prone on Nov 08, 2023 7:28am

Just starting to grow faster with strong production....

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Recently completed expansion of Chestertown facility triples current cannabis production capacity

 

Enhanced research and development capabilities to drive product innovation

 

Strongly positioned to become a leading supplier to the New York adult-use cannabis market

RIV Capital today announced that the expansion of its cannabis cultivation and production facility located in Chestertown, New York (the “Chestertown Facility”) is now operational.

The recently completed enhancements at the Chestertown Facility include: 

  • Overall facility footprint expanded to more than 75,000 sq. ft, comprised of:
    • High-tech greenhouse cultivation space;
    • Lab and manufacturing space;
    • Distribution and warehousing space; and
    • Finished goods and dry flower storage space.
  • The implementation of advanced equipment and automation technologies, which significantly improves the Company’s production rate of high-quality flower and extracts.
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