RIV Capital Inc (RIV)

[Wo]

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

https://finance.yahoo.com/news/canopy-rivers-reports-first-quarter-110000685.html?.tsrc=applewf

PR Newswire
August 27, 2019, 7:00 AM EDT
TORONTO, Aug. 27, 2019 /PRNewswire/ - Canopy Rivers Inc. (the "Company" or "Canopy Rivers") (RIV.V), (CNPOF) today released its financial results for the three months ended June 30, 2019. The Company's unaudited condensed interim consolidated financial statements for the three months ended June 30, 2019 ("Q1 2020"), and its management's discussion and analysis (the "MD&A") for Q1 2020, are available under 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. All financial information in this press release is reported in Canadian dollars, unless otherwise indicated.

"In Q1 2020, we made several exciting investments in plant sciences and cannabis brands, two areas that we think are primed for real growth in the cannabis sector," said Narbe Alexandrian, President and Chief Executive Officer of Canopy Rivers. "In addition to our new investments, as lifecycle investors, it was also rewarding to see so much positive news coming from our portfolio companies this quarter. From PharmHouse entering into a significant supply agreement with Canopy Growth to TerrAscend becoming, to our knowledge, the first and, so far, only cannabis company with sales in Canada, the U.S., and the European Union, our portfolio companies were busy creating significant value."