Dynamic plant-based food and beverage company Canopy Rivers
(TSX.V: RIV) (OTC: CNPOF) on Wednesday released its financial results for the
three and nine months ended December 31, 2018. Per the update, Canopy Rivers’
full Management’s Discussion and Analysis (“MD&A”) and unaudited interim
consolidated financial statements for the period are available on its SEDAR
profile at www.SEDAR.com and
via the company’s website. “With more than $55 million of capital deployed
during the quarter, Canopy Rivers continues to position itself as a preeminent
investment firm in the cannabis industry,” RIV Chief Financial Officer Eddie
Lucarelli said in the news release. “As we continue to see meaningful
developments at our portfolio companies, the closing of our bought deal
financing and strategic investment from Canopy Growth will add additional
strength to our balance sheet. With a strong pipeline of investment
opportunities and regulatory reform continuing around the world, Canopy Rivers
is optimally positioned to continue to prudently deploy capital to the global
cannabis sector.”
To view the full press release, visit http://ibn.fm/0VlKC
About Canopy Rivers Inc.
Canopy Rivers is a unique investment and operating platform
structured to pursue investment opportunities in the emerging global cannabis
sector. Canopy Rivers works collaboratively with Canopy Growth Corporation
(TSX: WEED) (NYSE: CGC) to identify strategic counterparties seeking financial
and/or operating support. Canopy Rivers has developed an investment ecosystem
of complementary cannabis operating companies that represent various segments
of the value chain across the emerging cannabis sector. As the portfolio
continues to develop, constituents will be provided with opportunities to work
with Canopy Growth and collaborate among themselves, which Canopy Rivers
believes will maximize value for its shareholders and foster an environment of
innovation, synergy and value creation for the entire ecosystem. For more
information, visit the company’s website at www.CanopyRivers.com.
About QualityStocksNewsBreaks
QualityStocksNewsBreaks provide
a rapid summary of corporate news that catch the attention of QualityStocks.
QualityStocksBreaks are designed to keep investors up to date on important and
breaking news in the small-cap and micro-cap markets. Spanning all industries,
including energy, entertainment, telecommunications, healthcare, retail and
more, these news breaks deliver opportunities the investment community may have
missed. Whether it is earnings results, mergers and acquisitions, or any other
market-moving news, our news breaks keep you in the know. QualityStocks is
committed to connecting subscribers with companies that have huge potential to
succeed in the short and long-term future. It is part of our mission statement
to help the investment community discover emerging companies that offer
excellent growth potential.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the
QualityStocks website applicable to all content provided by QS, wherever
published or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment