Replies to post #880 on RIV Capital Inc (RIV)

[jaxdawson63]

Unfortunately for some it’ll continue on the down. I believe this drop is a direct impact from the letter, as they stated the end of the year loss will continue. After the street factors that in, I believe that is when we hit the true bottom. Is this the time to accumulate? Absolutely it is, but in the near term I’m watching how the marks reacts in these uncertain times... it could yield an unbelievable silver lining if you’ve been paying attention. :)

Wait for it, it’s coming, it takes discipline.

JAX

[Wo]

‘Canada is pretty much played out’: What Canopy Rivers learned from thousands of pot pitches

Members of the deal team at Canopy Rivers Inc. (RIV.V) look at about seven investment opportunities a day, getting to know cannabis entrepreneurs eager for financial backing in a sector where the stigma of illegal drugs lingers.

The Toronto-based venture-capital arm of Canopy Growth Corp. (WEED.TO)(CGC) reviewed 1,523 pitches in the last 365 days, according to chief executive officer Narbe Alexandrian. His discerning Shark Tank judge-like investment scouts have inducted only 18 companies into the company’s current diversified portfolio.

https://finance.yahoo.com/news/canada-is-pretty-much-played-out-what-canopy-rivers-learned-from-thousands-of-pot-pitches-141549137.html