Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) on Tuesday
announced that its portfolio company, YSS Corp. (TSXV: YSS) (WKN: A2PMAX), has
received five cannabis retail licenses from the Alberta Gaming, Liquor and
Cannabis Commission (“AGLC”). Per the update, the five new licenses will
operate under the YSS(TM) brand name and are located throughout Alberta. “YSS
has made tremendous progress building up their retail presence in Alberta –
doubling their current AGLC licensed stores to ten,” Canopy Rivers President
and CEO Narbe Alexandrian said in the news release. “With plans to have all ten
stores open by the end of August, this announcement represents positive
momentum for YSS in the second half of 2019.”
To view the full press release, visit http://ibn.fm/9J6xG
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.
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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