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Bullboard - Stock Discussion Forum RIV Capital Inc CNPOF


Primary Symbol: C.RIV

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 > Getting ready is the game ............
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Post by prone on Jul 17, 2024 10:52am

Getting ready is the game ............

The cannabis market in the United States has experienced significant growth in recent years, driven largely by an increasingly favorable legal environment.

Since Colorado and Washington first legalized recreational marijuana in 2012, numerous states have followed suit, with 23 states and the District of Columbia now allowing adult-use cannabis as of 2023.

This trend has fueled a burgeoning industry, with legal cannabis sales reaching $24 billion in 2021, a sharp increase from the $8.5 billion reported in 2017.

Analysts project that the U.S. cannabis market could surpass $45 billion by 2025, supported by ongoing state-level legalizations and potential federal reforms.

This rapid growth highlights the expanding acceptance of cannabis and its economic potential, with more states considering legalization to boost tax revenues and create jobs
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