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 cannabis market continues to develop in a highly regulated
environment, we expect that distribution will be one of the key tenets of
success for brands,” Canopy Rivers president and CEO Narbé Alexandrian said in
the news release. “Our strategic alliance with Kindred presents a valuable
opportunity for our portfolio companies to access the expertise and
distribution channels necessary to enable their branded products to thrive.
We’re excited to work with Kindred, alongside our portfolio, to unlock the
industry’s long-term potential.”
To view the full press release, visit http://ibn.fm/yDQrh
About Canopy Rivers Inc.
Canopy Rivers is a venture capital firm specializing in
cannabis. Its unique investment and operating platform is structured to pursue
investment opportunities in the emerging global cannabis sector. Canopy Rivers
identifies 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
Corporation (TSX: WEED, NYSE: CGC) 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
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