Canopy Rivers Inc. CNPOF Archives - Page 4 of 7

WednesdayJan 08, 2020 10:03 am

QualityStocksNewsBreaks – Canopy Rivers Inc.’s (TSX: RIV) (OTC: CNPOF) BioLumic Receives Approval to Apply Proprietary UV Light Technology to Medical Cannabis

Canopy Rivers (TSX: RIV) (OTC: CNPOF) portfolio company BioLumic Ltd. has received New Zealand Ministry of Health approval to apply its proprietary ultraviolet ("UV") light technology to medical cannabis. According to the update, BioLumic's approach has been successful in increasing yields in certain crops, such as strawberries, by up to 60%. This approval marks the first time the company's UV light technology will be used on cannabis, which BioLumic hopes will show increased yields and help producers meet the rising demand for medical cannabis and cannabis-derived products. “The partnership between BioLumic and JWC is another sign of strong collaboration in…

TuesdayNov 26, 2019 10:03 am

QualityStocksNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Bolsters its Strategic Advisory Board with Kevin Durant’s Thirty Five Ventures

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today announced the expansion of its strategic advisory board to add Thirty Five Ventures, the business owned by NBA star Kevin Durant and sports business executive Rich Kleiman. According to the update, Thirty Five Ventures will collaborate with Canopy Rivers as it continues to pursue its global growth strategy and strengthen its global portfolio of leading cannabis companies. Canopy Rivers will also look to co-invest with Thirty Five Ventures on cannabis-related deals, leveraging the group's expertise in brand development and marketing. "We're thrilled to have Thirty Five…

ThursdayNov 21, 2019 1:01 pm

QualityStocksNewsBreaks – Canopy Rivers Inc.’s (TSX: RIV) (OTC: CNPOF) Portfolio Companies Expand for Success in the Growing Market

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today announced the broadening of operations of its portfolio companies as they position for success in the growing market. The update highlighted several enhancements and expansions, including one company’s launch of a data intelligence tool to assist retailers in tracking sales metrics and understanding their consumers. Another company intends to leverage Canopy Rivers' strategic alliance with Kindred Partners Inc. to expand its distribution network. Included in the update is a summary of key developments for Headset, Inc., TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), James E. Wagner Cultivation…

ThursdayNov 14, 2019 10:41 am

QualityStocksNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Reports Q2 Fiscal Year 2020 Financial Results, Provides Corporate Update

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, this morning released its financial results for the three and six months ended September 30, 2019. The company's unaudited condensed interim consolidated financial statements for Q2 2020, as well as its management's discussion and analysis (“MD&A”) for Q2 2020, are available under its SEDAR profile and the company’s website. “Headlined by our graduation to the TSX, our business matured during the second quarter as we launched our Strategic Advisory Board and continued to work closely with our portfolio companies as they achieved new milestones,” Canopy Rivers president…

ThursdayOct 24, 2019 10:37 am

QualityStocksNewsBreaks – Canopy Rivers Inc.’s (TSX: RIV) (OTC: CNPOF) Radicle Medical Marijuana Awarded Health Canada Oil License

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, this morning announced that its portfolio company, Radicle Medical Marijuana Inc., has received approval for oil sales from Health Canada. The additional license allows for the development and sale of new cannabis products, including oil and concentrates, which will open the door for Radicle's medical patients to access other product forms in the company's craft cannabis selection. “Consumer behaviors are evolving, and we believe many of today's cannabis consumers are open to trying alternatives to dried flower products,” Canopy Rivers President and CEO Narbé Alexandrian said in…

WednesdayOct 23, 2019 9:47 am

QualityStocksNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) and Kindred Form Strategic Alliance to Unlock Industry’s Long-Term Potential

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, and Kindred Partners Inc., a specialty cannabis brokerage and services company, today announced a strategic alliance to provide mutual benefits to both parties, as well as to Canopy Rivers’ portfolio companies. Kindred is a wholly owned subsidiary of Breakthru Beverage Group and leverages deep experience of its sister company, Breakthru Beverage Canada, in working with Canadian provincial control boards, public and private regulated cannabis businesses, licensed producers and retailers to broker regulated cannabis products for the adult-use market. “As we head into cannabis 2.0 and the Canadian…

TuesdayOct 22, 2019 9:27 am

QualityStocksNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) to Release Q2 Financial Results, Host Conference Call on November 14

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, on Monday announced that it will report its second quarter fiscal year 2020 financial results before markets open on Thursday, November 14, 2019. Some preliminary financial information relevant to CNPOF may also be found in the financial results released by Canopy Growth Corporation (TSX: WEED) (NYSE: CGC), which are scheduled to be released on the same day. CNPOF’s unaudited financial statements and management's discussion and analysis of financial results for the six months ended September 30, 2019 will be available on the company’s SEDAR profile and on…

WednesdayOct 16, 2019 9:21 am

QualityStocksNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Portfolio Company Obtains Health Canada License Amendment

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, on Tuesday announced that its portfolio company James E. Wagner Cultivation Corp. (TSXV: JWCA) (OTCQX: JWCAF) (“JWC”) received a Health Canada license amendment permitting cannabis production in four new flowering rooms at its flagship facility in Kitchener, Ontario. The additional flowering rooms are part of an ongoing program to expand JWC's existing production capacity. Once fully operational, the expansion will double the facility's current licensed production capacity from 22,000 square feet to approximately 44,500 square feet. “We believe that this license amendment demonstrates Health Canada's recognition of…

TuesdayOct 08, 2019 9:26 am

QualityStocksNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Portfolio Company Receives Health Canada Approval for Facility Expansion

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, on Monday announced that its portfolio company TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) has gained Health Canada approval for a significant expansion at its Mississauga, Ontario facility. TerrAscend anticipates that the approval will assist in the company’s goal to meet the growing consumer demand for premium cannabis products and brands expected to surge as the next wave of Canadian cannabis legalization. The approval almost triples TerrAscend's licensed space to 51,800 square feet. The new space will be comprised of supplementary cultivation capacity, a commercial kitchen, formulation rooms…

ThursdayOct 03, 2019 9:48 am

QualityStocksNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Announces Details Surrounding TerrAscend Canada Investment

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today provided details surrounding its investment in connection with a financing announced October 2, 2019. According to the update, Canopy Rivers has acquired ownership and control over (i) $13,243,000 principal amount of unsecured convertible debentures of TerrAscend Canada Inc. (the "Debentures"); and (ii) 333,723 common share purchase warrants of TerrAscend (the "Warrants"). The Debentures’ principal amount is convertible into fully paid and non-assessable common shares or exchangeable shares of TerrAscend at the holder’s option, or upon the occurrence of certain events, at a conversion price of $5.95…

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