Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) today
announced that its portfolio company and subsidiary of Canopy Growth
Corporation (TSX: WEED) (NYSE: CGC), Les Serres Vert Cannabis Inc. (“Vert
Mirabel”), has received its final cultivation license from Health Canada.
According to the update, all Vert Mirabel operating space of 700,000 square
feet is now licensed for cannabis production. “We are thrilled that the operational
infrastructure at Vert Mirabel is now fully online with over 500,000 sq. ft.
already in production,” Canopy Rivers COO Olivier Dufourmantelle said in the
news release. “Vert Mirabel is a key asset for Canopy Rivers as it provides
exposure to a commercially scaled source of locally grown, premium quality
cannabis for distribution into Québec and across the country.” In addition,
Canopy Rivers announced that it will be hosting its analyst and investor day
from 1:00 PM to 5:00 PM ET today, May 28. The event will be webcast live and
available on Canopy Rivers’ website immediately prior to the event at www.CanopyRivers.com/Investors/Events.
About Canopy Rivers
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 (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.
NOTE TO INVESTORS: The latest news and updates
relating to CNPOF are available in the company’s newsroom at http://ibn.fm/CNPOF
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