RIV Capital Inc CNPOF

Care needs to be taken

[Homestretch4me]

A lot of River's investments are fringe and have not panned out. Terrascend was a great investment and their only saving grace.

The first investment better be a statement investment in the USA. If they try some fringe investment like they did with bio-lumic then the exit door won't open fast enough for me.

USA mainstream investment or bust. If they invest in some music company that claims their music will make cannabis plants yield more then the writing is on the wall.

They should be partnering/loaning or just plain investing in US MSO's that have the best footprint with a moderate balance sheet requiring an injection of cash.

I am cautiously optimistic and have strategic stop losses in place to stem the bleeding if they do something stup!d. Rivers does not have a good track record when it comes to their investment decisions.

Eyes wide open here.

[Homestretch4me]

The silence is deafening. What a missed opportunity to capitalize on the completion of the Canopy deal story. They knew the deal was going to close and they had enough lead in time to structure a few deals. Disappointing. Time is of the essence here. If Rivers doesn't find a place to park their money soon the safe banking act could make meaningful entry to the US much harder and much more