RIV.TO - Canopy Rivers Inc.
| Previous Close | 1.0900 |
| Open | 1.0700 |
| Bid | 1.0400 x N/A |
| Ask | 1.0700 x N/A |
| Day's Range | 1.0200 - 1.1000 |
| 52 Week Range | 0.5400 - 3.5200 |
| Volume | 78,544 |
| Avg. Volume | 137,601 |
| Market Cap | 196.877M |
| Beta (5Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.2200 |
| Earnings Date | Aug. 25, 2020 - Aug. 31, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 2.98 |
- Yahoo Finance Canada
This VC firm predicted big cannabis would shrink. What happens next?
Many of the largest cannabis players were having a tough 2020 before the economic wallop of COVID-19.
CNW GroupCanopy Rivers' Portfolio Company Dynaleo Receives Health Canada Licence
TORONTO, June 22, 2020 /CNW/ - Dynaleo Inc. ("Dynaleo"), the most recent addition to Canopy Rivers Inc.'s ("Canopy Rivers") (TSX:RIV.TO - News) (OTC:CNPOF - News) portfolio of disruptive cannabis companies, has received its Standard Processing Licence from Health Canada. This follows the completion and commissioning of Dynaleo's 27,000 square foot purpose-built facility, and is a key milestone as it aims to ramp up production of white label gummies for the Canadian recreational market. "We are thrilled with the momentum at Dynaleo," said Narbé Alexandrian, President and CEO, Canopy Rivers.
CNW GroupCanopy Rivers Welcomes Canopy Growth CFO Mike Lee to Board of Directors
Mr. Lee joins a Board that already has executives drawn from multiple industries, a wealth of strategic industry know-how, and significant public company governance experience. The Company expects that Mr. Lee's experience at Canopy Growth, Constellation Brands, Inc. ("Constellation Brands"), and other leading consumer packaged goods and beverage companies will help strengthen its strategic execution as it continues to focus on developing a leading global cannabis portfolio.
CNW GroupCanopy Rivers Reports Fourth Quarter and Fiscal Year 2020 Financial Highlights
Canopy Rivers Reports Fourth Quarter and Fiscal Year 2020 Financial Highlights
CNW GroupCanopy Rivers Announces Organizational Changes to Streamline Operations
Changes are focused on cost reduction and cash generation to enhance long-term shareholder value TORONTO , May 28, 2020 /CNW/ - Canopy Rivers Inc. (" Canopy Rivers " or the " Company ") ...
CNW GroupCanopy Rivers Updates Date for Reporting Fourth Quarter and Fiscal Year 2020 Financial Results
TORONTO , May 26, 2020 /CNW/ - Canopy Rivers Inc. (the " Company " or " Canopy Rivers ") (TSX: RIV, OTC: CNPOF) will report its financial results for the fourth quarter and fiscal year ...
CNW GroupCanopy Rivers to Report Fourth Quarter and Fiscal Year 2020 Financial Results
TORONTO , May 11, 2020 /CNW/ - Canopy Rivers Inc. (the " Company " or " Canopy Rivers ") (TSX: RIV, OTC: CNPOF) will report its financial results for the fourth quarter and fiscal ...
CNW GroupCanopy Rivers Targets Cannabis Gummies Market With Investment in Dynaleo
TORONTO, May 4, 2020 /CNW/ - Canopy Rivers Inc. ("Canopy Rivers" or the "Company") (TSX: RIV, OTC: CNPOF) today announced a C$2 million investment in Dynaleo Inc. ("Dynaleo"), an Edmonton-based company focused on white-label manufacturing edible cannabis gummies for the Canadian market. Through this investment in what the Company anticipates may become a leading industrial scale Canadian gummies manufacturer, Canopy Rivers believes it is capitalizing on a significant opportunity in what is currently an underserved and underdeveloped segment of the cannabis market. Once Dynaleo receives the required licencing from Health Canada, it expects to begin operating its 27,000 sq. ft. purpose-built facility with the goal of producing enough gummies to take a sizable bite out of the projected edibles market.
CNW GroupCanopy Rivers' Flagship Joint Venture PharmHouse Increases Bank Debt Facility by $10 Million
TORONTO , April 16, 2020 /CNW/ - Canopy Rivers Inc. ("Canopy Rivers" or the "Company") (TSX: RIV, OTC: CNPOF) today announced that PharmHouse Inc. ("PharmHouse"), its 49%-owned joint venture in Leamington, Ontario , amended its syndicated credit facility ("Credit Facility") with the Bank of Montreal ("BMO"), as the agent and lead lender, and the Canadian Imperial Bank of Commerce and Concentra Bank (together with BMO, the "Lenders"). The amended terms of the Credit Facility (the "Amendment") provides PharmHouse with an additional $10 million of secured debt financing, representing an increase to the Credit Facility that was initially announced in January 2019 .
CNW GroupCanopy Rivers Announces Launch of Normal Course Issuer Bid
TORONTO , March 31, 2020 /CNW/ - Canopy Rivers Inc. ("Canopy Rivers" or the "Company") (RIV.TO) (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.
CNW GroupCanopy Rivers Portfolio Company Secures C$80.5 Million Debt Financing Arrangement With Canopy Growth
Canopy Rivers Portfolio Company Secures C$80.5 Million Debt Financing Arrangement With Canopy Growth
CNW GroupCanopy Rivers' Pharmhouse Joint Venture Receives Milestone Licence Amendment
TORONTO, March 2, 2020 /CNW/ - Canopy Rivers Inc. ("Canopy Rivers") (TSX: RIV, OTC: CNPOF) today announced that PharmHouse Inc. ("PharmHouse"), its 49%-owned joint venture in Leamington, Ontario, received a licence amendment from Health Canada allowing for cultivation across its entire greenhouse, which is now fully operational. PharmHouse plans to immediately ramp up production in accordance with its offtake agreements with Canopy Growth Corporation and TerrAscend Canada Inc. PharmHouse has committed 50% of its 2020 output pursuant to these agreements, and currently expects to use the remaining 50% of its capacity for both additional offtake agreements and its own private label brand. "The receipt of our licence amendment represents a large milestone for PharmHouse," said Tony Abbas, General Manager, PharmHouse.
CNW GroupRivers Rundown: Canopy Rivers' Portfolio Companies Expanding Canadian Retail Presence
Rivers Rundown: Canopy Rivers' Portfolio Companies Expanding Canadian Retail Presence
CNW GroupCanopy Rivers Reports Third Quarter Fiscal Year 2020 Financial Results and Provides Corporate Update
Canopy Rivers Reports Third Quarter Fiscal Year 2020 Financial Results and Provides Corporate Update
CNW GroupCanopy Rivers Files Early Warning Report in Connection with James E. Wagner Cultivation Investment
TORONTO, Feb. 7, 2020 /CNW/ - Canopy Rivers Inc. ("CRI") (TSX: RIV, OTC: CNPOF), a venture capital firm specializing in cannabis, announces that Canopy Rivers Corporation ("Canopy Rivers") subscribed for 2,380,952 units (each a "Unit") of James E. Wagner Cultivation Corporation ("JWC") (TSXV: JWCA, OTCQX: JWCAF) at a price of $0.21 per Unit for total consideration of approximately $500,000 in connection with JWC's non-brokered private placement financing (the "Offering"). Each Unit is comprised of one common share in the capital of JWC (each a "Common Share") and one-half of one Common Share purchase warrant (each full warrant, a "Warrant").
CNW GroupRivers Rundown: Canopy Rivers' CEO Added to NCIA Board, Portfolio Companies Grow North American Footprint
TORONTO , Feb. 6, 2020 /CNW/ - Canopy Rivers Inc. ("Canopy Rivers") (TSX: RIV, OTC: CNPOF), a venture capital firm specializing in cannabis, and its portfolio companies have made a series of recent announcements that include a board appointment for Canopy Rivers' President & CEO, one brand's retail launch in Canada , and a founder and portfolio company receiving awards for their accomplishments. Other Canopy Rivers portfolio companies hit the milestones required to help further expand and build out their facilities.
CNW GroupTerrAscend and Canopy Rivers Amend Terms of Loan to Comply with TSX Policies
TORONTO , Feb. 5, 2020 /CNW/ - TerrAscend Corp. (CSE: TER; OTCQX: TRSSF) ("TerrAscend" or the "Company"), the first global cannabis company licensed for sales in the U.S., Canada , and the EU, announced today that the terms of its previously announced US$10 million loan (the "Loan") from Canopy Rivers Corporation ("Canopy Rivers"), a wholly-owned subsidiary of Canopy Rivers Inc. (TSX: RIV, OTC: CNPOF), to TerrAscend Canada Inc. ("TerrAscend Canada"), a wholly-owned subsidiary of TerrAscend, have been amended.
CNW GroupCanopy Rivers Amends Terms of Loan to TerrAscend Canada
TORONTO, Feb. 5, 2020 /CNW/ - Canopy Rivers Inc. ("CRI") (TSX: RIV, OTC: CNPOF), a venture capital firm specializing in cannabis, announces that as of February 4, 2020 Canopy Rivers Corporation ("Canopy Rivers"), a wholly-owned subsidiary of CRI, has amended the terms of its recent US$10 million loan (the "Loan") to TerrAscend Canada Inc. ("TerrAscend Canada"), a wholly‑owned subsidiary of TerrAscend Corp. ("TerrAscend") (CSE: TER, OTCQX: TRSSF). The Loan, announced October 2, 2019, included the purchase of 13,243 units, with each unit consisting of: (i) one unsecured convertible debenture of TerrAscend Canada with a principal amount of C$1,000 (the "Debentures"), and (ii) 25.2 common share purchase warrants of TerrAscend allowing for the purchase of common shares of TerrAscend (the "Common Shares") (the "Original Warrants") with an exercise price of C$6.49.
CNW GroupCanopy Rivers to Report Third Quarter Fiscal Year 2020 Financial Results and Host Earnings Call
TORONTO , Jan. 24, 2020 /CNW/ - Canopy Rivers Inc. (" Canopy Rivers " or the " Company ") (TSX: RIV, OTC: CNPOF), a venture capital firm specializing in cannabis, will report its third ...
CNW GroupRivers Rundown: Canopy Rivers Portfolio Companies Eyeing Retail Growth, Expanded U.S. Operations
TORONTO, Jan. 17, 2020 /CNW/ - Canopy Rivers Inc. ("Canopy Rivers") (TSX: RIV, OTC: CNPOF), a venture capital firm specializing in cannabis, portfolio companies have made a series of recent announcements relating to their plans for the cannabis retail market or U.S. cannabis operations. Two portfolio companies are evaluating opportunities to expand their retail footprint in Canada, while another will remember 2019 as the year it grew its retail presence across the U.S., Canada, and Europe. Another Canopy Rivers portfolio company is taking steps to build out its U.S. operations, as more states look to legalize medical or recreational cannabis.
- Yahoo Finance Canada
115 cannabis drink companies are taking aim at booze and soda
Beer, wine and spirit giants and small startups alike are betting on cannabis beverages disrupting the drinks market with products that can soothe sore muscles after a workout, or deliver a hangover-free buzz.
CNW GroupCanopy Rivers Portfolio Company Receives Approval to Research UV Light Impact on Cannabis Plant
TORONTO, Jan. 8, 2020 /CNW/ - Canopy Rivers Inc. ("Canopy Rivers") (TSX: RIV, OTC: CNPOF) portfolio company BioLumic Ltd. ("BioLumic") has received approval from the New Zealand Ministry of Health to apply its proprietary ultraviolet ("UV") light technology to medical cannabis. While BioLumic's approach has been successful in increasing yields in certain crops, such as strawberries, by up to 60%, this approval marks the first time the company's UV light technology will be used on cannabis.
- CNW Group
Rivers Rundown: Canopy Rivers Portfolio Companies Ending Year on High Note
TORONTO, Dec. 12, 2019 /CNW/ - Canopy Rivers Inc. ("Canopy Rivers") (TSX: RIV, OTC: CNPOF), a venture capital firm specializing in cannabis, portfolio companies made several announcements that demonstrate the portfolio's continued growth heading into 2020. Among others, this includes new features from a business intelligence and analytics software platform, a licensed producer responding to consumer demands for high-THC products with the launch of four new cannabis strains, and a portfolio company expanding its retail footprint.
- Market Exclusive
Canopy Rivers Gets Approval to Boost Cannabis Production
James E. Wagner Cultivation (TSXV: JWCA) (OTCQX: JWCAF), a portfolio company of Canopy Rivers (TSX: RIV) (OTC: CNPOF), has been granted approval by Health Canada to increase cannabis production at its facility in Kitchener, Ontario. The approval allows the company to start the production in four new flowering rooms at its facility in Kitchener. The additional […]The post Canopy Rivers Gets Approval to Boost Cannabis Production appeared first on Market Exclusive.
- Market Exclusive
Cannabis Stock News Daily Roundup September 18
Supreme Cannabis (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) has reported its financial results for the fourth quarter and fiscal year ended June 30, 2019. Revenue was C$19.01 million, up from C$3.55 million for the fourth quarter of 2018. Net loss for the quatre was C$421,000, compared to a profit of C$234,000 for the same period last […]The post Cannabis Stock News Daily Roundup September 18 appeared first on Market Exclusive.
