RIV Cap Inc. (CNPOF)

[Alwaysbmikki]

Canopy Rivers’ business development team analyzed differences in the types of pitches we received in 2020—before COVID-19 compared to now. Since March 16, +36% of the pitches we’ve seen have been from software and technology companies.
https://mailchi.mp/canopyrivers/cannabis-venture-capital-covid-19?e=f611940000

[Alwaysbmikki]

Wowzer eom.

[Alwaysbmikki]

PE ratio 2.5 TTM Wowzer cheap.eom

[Alwaysbmikki]

Thank you , I was hoping price would move up being that they are buying back 10 million shares. I bought some more after that news, so that explains the short down turn lol. Bsafe sir

[DropLine]

Canopy Rivers' JV increases bank debt facility by $10M

Canopy Rivers' (OTCPK:CNPOF) joint venture (JV) PharmHouse has amended its syndicated credit facility with the Bank of Montreal, as the agent and lead lender, and the Canadian Imperial Bank of Commerce and Concentra Bank.

The amended terms of the Credit Facility provides PharmHouse with an additional $10M of secured debt financing.

Pursuant to the Amendment, the repayment date was pushed out one year to March 31, 2021.

Additional amendments include an increase to interest rate spreads of 25 basis points and an increase to the Company's limited guarantee by $10M, commensurate with the increase to the Credit Facility.


https://seekingalpha.com/news/3561241-canopy-rivers-jv-increases-bank-debt-facility-10m

[Alwaysbmikki]

Let the climb begin!
The NCIB allows the Company to purchase up to 10,409,961 subordinated voting shares (the "Subordinated Voting Shares") of the Company (representing 10% of the Company's current public float (as such term is defined in the TSX Company Manual)) over a period of 12 months commencing on April 2, 2020. The NCIB will expire on April 1, 2021. The Company currently has 155,676,025 issued and outstanding Subordinated Voting Shares.



https://www.canopyrivers.com/news/canopy-rivers-news/canopy-rivers-announces-launch-of-normal-course-issuer-bid?mc_cid=7f4e179645&mc_eid=f611940000

[Alwaysbmikki]

Canopy Rivers Announces Launch of Normal Course Issuer Bid

PR NewswireMarch 31, 2020
Bid reflects management's view that company is undervalued, belief in future growth
TORONTO, March 31, 2020 /PRNewswire/ - Canopy Rivers Inc. ("Canopy Rivers" or the "Company") (TSX:RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, announces that the Toronto Stock Exchange ("TSX") has accepted the notice of Canopy Rivers' intention to commence a normal course issuer bid (the "NCIB"). The NCIB reflects management's position that the current share price does not reflect the Company's underlying value and future prospects.
"With our strong cash position, launching the NCIB gives us the flexibility to purchase back our stock," said Narbé Alexandrian, President & CEO, Canopy Rivers. "However, we continue to have a robust deal pipeline and maintain our focus on making investments that we believe will generate value for our shareholders."
The NCIB allows the Company to purchase up to 10,409,961 subordinated voting shares (the "Subordinated Voting Shares") of the Company (representing 10% of the Company's current public float (as such term is defined in the TSX Company Manual)) over a period of 12 months commencing on April 2, 2020. The NCIB will expire on April 1, 2021. The Company currently has 155,676,025 issued and outstanding Subordinated Voting Shares.
All purchases made pursuant to the NCIB will be made through the facilities of the TSX or alternative Canadian trading systems. In accordance with TSX rules, any daily purchases (other than pursuant to a block purchase exemption) on the TSX under the NCIB are limited to a maximum of 70,653 Subordinated Voting Shares, which represents 25% of the average daily trading volume of Subordinated Voting Shares on the TSX for the period beginning on September 9, 2019 and ending on February 29, 2020, being an average of 282,613 Subordinated Voting Shares per day during the period.
Canopy Rivers has entered into a pre-defined plan with a broker in accordance with applicable Canadian securities laws to allow for the repurchase of Subordinated Voting Shares at times when the Company ordinarily would not be active in the market due to its own internal trading blackout periods, insider trading rules or otherwise.
The actual number of Subordinated Voting Shares that may be purchased and the timing of such purchases will be determined by the Company. Decisions regarding purchases will be based on market conditions, share price, best use of available cash, and other factors. Any Subordinated Voting Shares that are purchased under the NCIB will be cancelled.
About Canopy Rivers:
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 portfolio.
Forward-Looking Statements
This news release contains statements which constitute "forward-looking information" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of Canopy Rivers with respect to future business activities and operating performance. Forward-looking information is often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions and includes information regarding: the Company's intention with respect to purchases pursuant to the NCIB; management's belief in the Company's underlying value and future prospects; the Company's focus on making investments that management believes will generate shareholder value; and expectations for other economic, business, and/or competitive factors.
https://finance.yahoo.com/news/canopy-rivers-announces-launch-normal-110000539.html

[Stocker1]

Getting a little climb here.

[Stocker1]

Company starting to get attractive. May wait to see what happens next earnings. Better turn those employee expenses around.

[Alwaysbmikki]

BRIEF-Canopy Rivers' Pharmhouse Joint Venture Receives Milestone Licence Amendment
March 2 (Reuters) - Canopy Rivers Inc:
* CANOPY RIVERS’ PHARMHOUSE JOINT VENTURE RECEIVES MILESTONE LICENCE AMENDMENT
* CANOPY RIVERS INC - PHARMHOUSE PLANS TO IMMEDIATELY RAMP UP PRODUCTION IN ACCORDANCE WITH ITS OFFTAKE AGREEMENTS
* CANOPY RIVERS INC - PHARMHOUSE HAS COMMITTED 50% OF ITS 2020 OUTPUT PURSUANT TO AGREEMENTS Source text for Eikon: Further company coverage:

https://in.reuters.com/article/brief-canopy-rivers-pharmhouse-joint-ven-idinfwn2av0ka

https://finance.yahoo.com/news/canopy-rivers-pharmhouse-joint-venture-123000397.html

[Alwaysbmikki]

James E. Wagner Cultivation Reaches Supply Agreement with OCS and Prepares to Launch Products into Recreational Market
https://www.technical420.com/cannabis-article/james-e-wagner-cultivation-reaches-supply-agreement-with-ocs-and-prepares-to-launch-products-into-recreational-market/#

[DropLine]

As expected... not real good...


* CANOPY RIVERS REPORTS THIRD QUARTER FISCAL YEAR 2020 FINANCIAL RESULTS AND PROVIDES CORPORATE UPDATE
* CANOPY RIVERS INC QTRLY LOSS PER SHARE $0.01
* CANOPY RIVERS INC - DECISION TO WITHDRAW ITS ESTIMATED CY2020 ATTRIBUTABLE EBITDA GUIDANCE
* CANOPY RIVERS INC - CONTINUES TO BELIEVE THAT HEADWINDS FOR CANNABIS SECTOR ARE TEMPORARY
* CANOPY RIVERS INC - ANTICIPATES CONTINUED VOLATILITY IN ITS FINANCIAL RESULTS, IN NEAR TERM
* CANOPY RIVERS - “IT WAS A CHALLENGING END TO 2019 FOR VALUATIONS OF PUBLICLY-TRADED CANNABIS COMPANIES”
* CANOPY RIVERS SEES IN LONG TERM, SHARE OF INCOME (OR LOSS) FROM EQUITY METHOD INVESTEES WILL HAVE A MORE SIGNIFICANT IMPACT ON FINANCIAL RESULTS


$CNPOF

[Alwaysbmikki]

Canopy Rivers Reports Third Quarter Fiscal Year 2020 Financial Results and Provides Corporate Update

Not real crisp

[DropLine]

Hope $CGC earning gets this sparked... disappointed with the price action today on the heels of the mother ships earning report...

Canopy generated $124 million Net Revenue, up from $76 million in Q2 2020
Excluding portfolio restructuring charges in Q2 2020, Net Revenue up 13%
Achieved Gross Margin of 34%
Total Operating Expenses down 14% versus the prior quarter
Adjusted EBITDA loss decreases to $92 million

$CNPOF

[nowwhat2]

Canopy WEED Growth of WEED Growth Incorporated....

"Your future is safe with US !"......

[Alwaysbmikki]

Canopy Rivers to Report Third Quarter Fiscal Year 2020 Financial Results and Host Earnings Call

TORONTO, Jan. 24, 2020 /PRNewswire/ - Canopy Rivers Inc. ("Canopy Rivers" or the "Company") (TSX: RIV, OTC: CNPOF), a venture capital firm specializing in cannabis, will report its third quarter fiscal year 2020 financial results before markets open on Friday, February 14, 2020. The Company's unaudited condensed interim consolidated financial statements and management's discussion and analysis of financial results for the nine months ended December 31, 2019 will be available on the Company's profile on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com and on the Company's website at www.canopyrivers.com/investors/financials-and-public-filings.
Following the release of its third quarter fiscal year 2020 financial results, Canopy Rivers will host a conference call and audio webcast with Narbé Alexandrian, President and CEO and Eddie Lucarelli, CFO at 9:00 AM Eastern Time on February 14, 2020.
Webcast Information
A live audio webcast will be available at:
https://event.on24.com/wcc/r/2174444/A135F9E29B2CC1172B675CB07BE90468
Calling Information
North America Toll Free Dial-In Number:
Conference ID: ([phone]
Replay Information
A replay of the call will be accessible by telephone until 11:59 PM Eastern Time on May 14, 2020.
Toll Free Dial-in Number: ([phone]
Replay Password: 527755 #
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 portfolio.
Forward-Looking Statements
This news release contains statements which constitute "forward-looking information" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and operating performance. Forward-looking information is often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions and includes information regarding the timing and availability of the financial results of the Company and the Company's earnings call.
Investors are cautioned that forward-looking information is not based on historical fact but instead reflects management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: changes in the timing and availability of the Company's financial results and earnings call; regulatory and licensing risks; changes in general economic, business and political conditions, including changes in the financial markets; the global regulatory landscape and enforcement related to cannabis, including political risks and risks relating to regulatory change; risks relating to anti-money laundering laws; compliance with extensive government regulation, including Canopy Rivers' interpretation of such regulation; public opinion and perception of the cannabis industry; divestiture risks; and the risk factors set out in Canopy Rivers' annual information form dated July 15, 2019, filed with the Canadian securities regulators and available on Canopy Rivers' profile on SEDAR at www.sedar.com.
https://finance.yahoo.com/news/canopy-rivers-report-third-quarter-174800681.html

[DropLine]

Slowly creeping higher... starting to gain some traction off of the low... though I own this... not sure if more than a 188m market cap is justified at this time...

No doubt they diluted this year in some capacity... my estimate is around 37 mil shares... Comparing spring 2019 to current numbers... 151 mil to 188mil... please correct me if I'm wrong...

All IMO...

$CNPOF

[Alwaysbmikki]

Nice gain yesterday eom.

[whytestocks]

News: $CNPOF CannabisNewsBreaks - Canopy Rivers Inc.'s (TSX: RIV) (OTC: CNPOF) Portfolio Companies Expand for Success in the Growing Market

Canopy Rivers (TSX: RIV) (OTC: CNPOF) , a venture capital firm specializing in cannabis, today announced the broadening of operations of its portfolio companies as they position for success in the growing market. The update highlighted several enhancements and expansions, including one compan...

Read the whole news CNPOF - CannabisNewsBreaks - Canopy Rivers Inc.'s (TSX: RIV) (OTC: CNPOF) Portfolio Companies Expand for Success in the Growing Market

[Alwaysbmikki]

Run baby run! eom

[whytestocks]

News: $CNPOF Rivers Rundown: Canopy Rivers Portfolio Companies Expand Operations, Leadership

Canopy Rivers provides update on Headset, TerrAscend, JWC, and YSS TORONTO , Nov. 21, 2019 /PRNewswire/ - Canopy Rivers Inc. (" Canopy Rivers ") (TSX: RIV, OTC: CNPOF), a venture capital firm specializing in cannabis, portfolio companies continued broadening their operations as they a...

Got this from CNPOF - Rivers Rundown: Canopy Rivers Portfolio Companies Expand Operations, Leadership

[whytestocks]

News: $CNPOF Colorado Farmers Invent Novel Hemp Harvester

One of the biggest challenges that hemp farmers have faced this season is the intensive labor demands of harvesting their crops. Industrial hemp has only been legalized recently, so the existing machinery is ill-suited to harvest these plants. However, a pair of farmers in Colorado appear to h...

Read the whole news CNPOF - Colorado Farmers Invent Novel Hemp Harvester

[whytestocks]

News: $CNPOF Construction Starts on First Hemp and Cannabis Supply Chain in Canada

On Friday Morning, Grasslands Taber Collaborative (GLTC) located in the Town of Taber, Alberta launched the construction of the first marijuana, hemp, and infused agricultural food supply chain in Canada. The GLTC Premium Park Project partnerned with rural communities in the western part of Ca...

In case you are interested CNPOF - Construction Starts on First Hemp and Cannabis Supply Chain in Canada

[TREND1]

Number of Employees 16

[TREND1]

CNOPY CHART

[TREND1]

BIG DROP !

[TREND1]

Connected to CGC

[TREND1]

Market Cap = $ 187.37M

[TREND1]

CNOPF

http://www.stockcharts.com/def/servlet/Favorites.CServlet?obj=1401935,34&cmd=show&disp=e

[Alwaysbmikki]

Nice to see a green Monday. eom

[whytestocks]

News: $CNPOF NetworkNewsBreaks - Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Gains Approval to List Class A Subordinated Voting Shares on the Toronto Stock Exchange

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) , a venture capital firm specializing in cannabis, on Thursday announced that it has received final approval to list its class A subordinated voting shares on the Toronto Stock Exchange (“TSX”). Per the update, the shares will begin tradin...

Find out more CNPOF - NetworkNewsBreaks - Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Gains Approval to List Class A Subordinated Voting Shares on the Toronto Stock Exchange

[whytestocks]

News: $CNPOF NetworkNewsBreaks - Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Portfolio Company Acquires Ultra-Premium Cannabis Brand

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) on Thursday announced that its portfolio company TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) has entered definitive agreements to acquire ABI SF, LLC. ABI SF operates a Bay Area cannabis cultivation facility and owns the State Flower brand, which is rec...

Read the whole news NetworkNewsBreaks - Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Portfolio Company Acquires Ultra-Premium Cannabis Brand

[whytestocks]

News: $CNPOF CannabisNewsBreaks - Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Announces Receipt of Conditional Approval to Graduate to the Toronto Stock Exchange

Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) this morning announced its receipt of conditional approval from the Toronto Stock Exchange ("TSX") to graduate from the TSX Venture Exchange (the "TSXV") and list its class A subordinated voting shares on the TSX. According to the update, final ap...

Read the whole news CannabisNewsBreaks - Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Announces Receipt of Conditional Approval to Graduate to the Toronto Stock Exchange

[whytestocks]

News: $CNPOF Canopy Rivers Portfolio Company Terrascend Receives Cannabis Oil Sales Licence in Canada

Canopy Rivers Portfolio Company Terrascend Receives Cannabis Oil Sales Licence in Canada Canada NewsWire TORONTO, July 8, 2019 TORONTO , July 8, 2019 /CNW/ - Canopy Rivers Inc. (" Canopy Rivers " or the " Company ") (TSXV: RIV) (OTC: CNPOF) congratulates its portfoli...

In case you are interested Canopy Rivers Portfolio Company Terrascend Receives Cannabis Oil Sales Licence in Canada

[whytestocks]

News: $CNPOF CannabisNewsBreaks - Canopy Rivers Inc.'s (TSX.V: RIV) (OTC: CNPOF) PharmHouse Enters Significant Supply, Offtake Agreement with Canopy Growth Corp. (TSX: WEED) (NYSE: CGC)

Dynamic plant-based food and beverage company Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) today announced that its 49 percent-owned portfolio company, PharmHouse Inc., has entered into a second offtake agreement with Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) for the purchase of cannabis ...

Read the whole news https://marketwirenews.com/news-releases/cannabisnewsbreaks-canopy-rivers-inc-s-tsx-v-riv-otc-cnpof-pharmhouse-enters-significant-supply-offtake-agreement-with-canopy-growth-corp-tsx-weed-nyse-cgc--8161174.html

[DropLine]

Not too many eyes on $CNPOF right now... key words... right now... the company is moving and shaking and making things happen... solid revenue, cash and Canopy Growth owns 27.3%... Crazy we are not trading above $5.00... significantly undervalued at this level IMO... Added to my position last week...

Long $CNPOF

[whytestocks]

News: $CNPOF CannabisNewsBreaks - Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Invests in High Beauty

Dynamic plant-based food and beverage company Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) this morning announced the completion of an investment in High Beauty, the creator of the cannabis beauty brand high. According to the update, the company has subscribed for $2.5 million of shares represent...

Got this from https://marketwirenews.com/news-releases/cannabisnewsbreaks-canopy-rivers-inc-tsx-v-riv-otc-cnpof-invests-in-high-beauty-8016800.html

[DropLine]

Starting to creep higher... looks like this is ready to leg up... very easy to move this stock either way... Bought in @$2.77... anything under $4.00 is a gift IMO...

$CNPOF

[CES2002]

5 Analysts opinions, read to the end
https://mjobserver.com/pro/analyst-action/what-5-analysts-think-of-aurora-cannabis-inc-acb/amp/

[jaxdawson63]

https://www.globenewswire.com/news-release/2019/02/27/1743837/0/en/Canopy-Rivers-Reports-Third-Quarter-Financial-Highlights-and-Provides-Current-Corporate-Update.html

JAX

[jaxdawson63]

https://globenewswire.com/news-release/2019/02/27/1743436/0/en/Canopy-Rivers-Completes-Previously-Announced-Bought-Deal-and-Concurrent-Private-Placement-for-Total-Gross-Proceeds-of-Approximately-93-5-Million.html?ev=1

JAX

[jaxdawson63]

https://globenewswire.com/news-release/2019/02/13/1724932/0/en/Canopy-Rivers-to-Report-Third-Quarter-Fiscal-2019-Financial-Results.html?ev=1

JAX

[jaxdawson63]

Remember Finacials come out February 27th after the Market close!

JAX

[jaxdawson63]

Welcome to Bruce Country!!!! Ya’ll.

JAX

[jaxdawson63]

https://www.reuters.com/article/us-teva-pharm-ind-cannabis-idUSKBN13N0PZ

Related to us? :)

JAX

[jaxdawson63]

Get ready for game day peeps, Qrtly’s are around the corner and should be promising!

JAX

[jaxdawson63]

White water rapids, ready for the ride? Smoke on the water baby!!! A River runs through it$$$ Row, row, row your boat, life is but a dream...show me the River card!!! Get ready peeps. No pump and that’s a fact Jack!

Loading the boat, I think we need a bigger boat. Just having some laughs ya’ll, while we wait for the Qrtly’s :)

this is life’s best kept little secret:)

JAX

[jaxdawson63]

Bright and shiny people, early bird gets the warm :) volume seems to be picking up again! Do I sense a great Qrtly? Or big news? Something seems to be brewing.

JAX

[jaxdawson63]

These are bargain basement prices people big thing in the making, don’t miss the boat!

JAX

[jaxdawson63]

Get ready for the ride guys this is going to be fun!

JAX