Canopy Rivers Inc. CNPOF Archives - Page 3 of 7

TuesdayMay 26, 2020 11:01 am

QualityStocksNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Announces Revised Date for Release of Financial Results for Q4 and Fiscal Year 2020

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today announced a revised date for the reporting of its financial results for the fourth quarter and fiscal year ended March 31, 2020, now scheduled for release before markets open on Wednesday, June 3, 2020. According to the update, following release of its results, Canopy Rivers will host a conference call and audio webcast with President and CEO Narbé Alexandrian and CFO Eddie Lucarelli at 9:00 a.m. Eastern Time on Wednesday, June 3, 2020. A live audio webcast will be available at http://ibn.fm/DsfK3. Interested parties may join…

MondayMay 11, 2020 10:29 am

QualityStocksNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) to Release Q4 and Fiscal Year 2020 Financial Results, Host Conference Call and Webcast

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today announced that it will report its financial results for the fourth quarter and fiscal year ended March 31, 2020 before markets open on Friday, May 29, 2020. According to the update, the Company will also host a conference call and audio webcast, led by its President and CEO Narbé Alexandrian and CFO Eddie Lucarelli, following release of its results. The call is scheduled to take place at 9:00 AM Eastern Time on May 29, 2020. Interested parties may join the call by dialing 888-390-0546 (North America…

MondayMay 04, 2020 11:13 am

QualityStocksNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Invests C$2 Million in Dynaleo, Eyes Significant Opportunity in Cannabis Gummies Market

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today announced a C$2 million investment in Dynaleo Inc., an Edmonton-based company focused on white-label manufacturing of edible cannabis gummies for the Canadian market. According to the update, the Company anticipates the investment may become a leading industrial scale Canadian gummies manufacturer and believes it is capitalizing on a significant opportunity in what is currently an underserved and underdeveloped segment of the cannabis market. "We believe that Dynaleo is positioned to become a market leader in cannabis edibles manufacturing in Canada," Canopy Rivers President & CEO Narbé…

ThursdayApr 16, 2020 10:15 am

QualityStocksNewsBreaks – Canopy Rivers Inc.’s (TSX: RIV) (OTC: CNPOF) PharmHouse Increases Bank Debt Facility by $10M, Signifying Confidence in the Joint Venture

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today announced that its 49%-owned joint venture in Leamington, Ontario, PharmHouse Inc., amended its syndicated credit facility ("Credit Facility") with the Bank of Montreal ("BMO"), as the agent and lead lender, and the Canadian Imperial Bank of Commerce and Concentra Bank (together with BMO, the "Lenders"). According to the update, the amended terms provide PharmHouse with an additional $10 million of secured debt financing, representing an increase to the Credit Facility that was initially announced in January 2019. “This incremental debt financing, which comes at a time…

ThursdayMar 12, 2020 9:29 am

QualityStocksNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Portfolio Company Obtains C$80.5M Debt Financing Arrangement with Canopy Growth Corp. (TSX: WEED) (NYSE: CGC)

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, on Wednesday announced that TerrAscend Canada Inc., a wholly owned subsidiary of CNPOF’s portfolio company TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), has entered into an C$80.5 million loan financing arrangement with Canopy Growth Corp. (TSX: WEED) (NYSE: CGC) pursuant to a secured debenture. TerrAscend has issued 17,808,975 common share purchase warrants to Canopy Growth in connection with the loan. TerrAscend Canada intends to use the net proceeds toward general corporate purposes, the funding of its Canadian operations, its Arise Bioscience U.S. hemp division, international expansion, and the…

MondayMar 02, 2020 10:32 am

QualityStocksNewsBreaks – Canopy Rivers Inc.’s (TSX: RIV) (OTC: CNPOF) PharmHouse Receives Health Canada License Amendment for Cultivation Across Entire Greenhouse

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today announced that its 49%-owned joint venture in Leamington, Ontario, PharmHouse Inc., received a license amendment from Health Canada allowing for cultivation across its entire greenhouse, which is now fully operational. According to the update, PharmHouse plans immediate ramp up in production in accordance with its offtake agreements with Canopy Growth Corporation and TerrAscend Canada Inc. Under these agreements, PharmHouse has committed 50% of its 2020 output and currently expects to use the remaining 50% of its capacity for both additional offtake agreements and its own private…

FridayFeb 14, 2020 10:33 am

QualityStocksNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Reports Q3 Fiscal Year 2020 Financial Results, Provides Corporate Update

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today released its financial results for the three and nine months ended December 31, 2019. According to the update, the company’s unaudited condensed interim consolidated financial statements as well as its management's discussion and analysis (“MD&A”) for Q3 2020 are available under the company's profile SEDAR at www.SEDAR.com and on the company's website. “In the third quarter, we continued pursuing our goal to become the leading venture capital firm building the cannabis industry of tomorrow,” Canopy Rivers President and CEO Narbé Alexandrian said in the news release.…

FridayFeb 07, 2020 9:41 am

QualityStocksNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Files Early Warning Report Regarding James E. Wagner Cultivation Corp. (TSX.V: JWCA) (OTCQX: JWCAF) Investment

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, this morning announced that Canopy Rivers Corporation, a wholly owned subsidiary of the company, subscribed for 2,380,952 units of James E. Wagner Cultivation Corp. ("JWC") (TSX.V: JWCA) (OTCQX: JWCAF) at a price of $0.21 each for total consideration of approximately $500,000 in connection with JWC's non-brokered private placement financing. Each unit consists of one common share in the capital of JWC and one-half of one common share purchase warrant. Each warrant enables Canopy Rivers to purchase one common share at any time on or before February 6,…

WednesdayFeb 05, 2020 9:32 am

QualityStocksNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Subsidiary Modifies TerrAscend Canada Loan Terms

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, this morning announced that Canopy Rivers Corporation, a wholly-owned subsidiary of the company, has amended the terms of its recent US$10 million loan to TerrAscend Canada Inc., a wholly‑owned subsidiary of TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF). The loan, announced October 2, 2019, included the purchase of 13,243 units, each of which was comprised of: (i) one unsecured convertible debenture of TerrAscend Canada with a principal amount of C$1,000 (the "debentures"), and (ii) 25.2 common share purchase warrants to purchase common shares of TerrAscend with an exercise…

FridayJan 17, 2020 9:27 am

QualityStocksNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Provides Update on Portfolio Companies

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, this morning provided an update regarding recent announcements from its portfolio companies High Beauty, Inc., TerrAscend Corp. (CSE: TER), YSS Corp. (TSX.V: YSS) and James E. Wagner Cultivation Corp. (TSX.V: JWC) (OTCQX: JWCAF). Per the update, High Beauty will remember 2019 as the year it expanded its retail presence across the U.S., Canada, and Europe. YSS Corp. and James E. Wagner Cultivation Corp. are currently assessing opportunities to increase their retail footprint in Canada, while TerrAscend is taking steps to build out its U.S. operations in 2020.…

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