Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) has appointed
former OMERS venture capitalist and Canopy Rivers President, Mr. Narbé
Alexandrian, to Chief Executive Officer of the company, effective immediately.
Canopy Rivers’ former CEO, Bruce Linton, will continue to serve as Chairman of
the Canopy Rivers Board of Directors. “I would like to thank Bruce, the Board
of Directors, and the entire team at Canopy Rivers for the privilege and
opportunity to build upon the impressive portfolio and platform that has been
developed to date,” Canopy Rivers president and CEO Narbé Alexandrian stated in
the news release. “With the global cannabis economy continuing to evolve and
expand at a lightspeed pace, I am both humbled and thrilled to have been chosen
to lead the company at this incredibly important juncture.”
In addition, Canopy Rivers announced this morning that it
will host an analyst and investor day on Tuesday, May 28th from 1:00 to 5:00 PM
ET. Among other highlights, Chairman of the Board Bruce Linton will discuss his
viewpoint on the company’s value proposition, panel discussions will highlight
select portfolio companies, and senior executives will address the company’s
priorities in its continued mission to accelerate success in the global
cannabis economy.
For more information on how to join the live webcast,
visit http://ibn.fm/xXg4p immediately
prior to the event.
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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