RIV.V - Canopy Rivers Inc.

TSXV - TSXV Delayed Price. Currency in CAD
4.1000
-0.2100 (-4.87%)
As of 1:21PM EST. Market open.
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Previous Close4.3100
Open4.3600
Bid4.09 x 0
Ask4.10 x 0
Day's Range4.0700 - 4.3600
52 Week Range0.1550 - 6.3300
Volume287,709
Avg. Volume427,487
Market Cap702.207M
Beta (3Y Monthly)N/A
PE Ratio (TTM)11.85
EPS (TTM)0.35
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est6.70
  • GlobeNewswire4 days ago

    Canopy Rivers Provides Update on Milestones Achieved by Its Italian Hemp-Focused Investment

    Canopy Rivers Inc. (the “Company” or “Canopy Rivers”) (RIV.V) is pleased to provide an update on the operations of Canapar SrL (“Canapar), an Italian-based hemp production and processing platform and subsidiary of portfolio company, Canapar Corp. Yesterday evening, in Ragusa, Sicily, Canapar hosted a ribbon cutting ceremony for its new cannabidiol (“CBD”) extraction and processing facility. When completed in Fall 2019, this facility is expected to be the largest in Europe.

  • GlobeNewswire4 days ago

    Canopy Rivers Appoints Former OMERS Venture Capital Specialist as President

    Canopy Rivers Inc. (the “Company” or “Canopy Rivers”) (RIV.V) today announced that Narbe Alexandrian has been appointed as President of the Company, effective immediately. In this role, Narbe will lead the corporate development initiatives as well as manage the day-to-day business of the Company. “I believe that the team at Canopy Rivers has developed one of the most attractive and compelling platforms in the cannabis industry today,” said Narbe Alexandrian, newly appointed President of Canopy Rivers.

  • Baystreet5 days ago

    Here’s the Hot Products Emerging in the CBD Market Over 2019

    As expected, the legalization of medical marijuana and hemp in a variety of jurisdictions is creating ...

  • GlobeNewswire7 days ago

    Canopy Rivers Targets CBD Health and Wellness Market With Investment in Greenhouse Juice Company

    Canopy Rivers Inc. (the “Company” or “Canopy Rivers”) (RIV.V) today announced its investment in Greenhouse Juice Company (“Greenhouse”), a dynamic plant-based food and beverage company. Canopy Rivers has committed $9 million in a convertible debt financing package (the “Financing”) that includes secured and unsecured debt, warrant coverage, and board representation rights. Proceeds from this financing will be used to supplement Greenhouse’s national expansion and initiatives for the development of natural health and wellness beverages infused with cannabidiol (“CBD”).

  • Baystreet7 days ago

    Pure Global Cannabis Awarded Health Canada Sales License

    Pure Global Cannabis Inc. (TSX.V:PURE; OTC: PRCNF; FRA:1QS) an integrated, growth-oriented life sciences ...

  • GlobeNewswire13 days ago

    Canopy Rivers Announces Investment in Technology Driven Data Company Headset

    Canopy Rivers Inc. (the “Company” or “Canopy Rivers”) (RIV.V) is pleased to announce it has completed an equity investment in Headset, Inc. (“Headset”), a data and analytics service provider for the cannabis industry. “We are very excited to be diversifying our portfolio with our investment in Headset, a best-in-class technology platform delivering cannabis-related business intelligence in real-time,” said Narbe Alexandrian, VP Business Development at Canopy Rivers.

  • Baystreet13 days ago

    Stocks in play: Canopy Rivers Inc.

    Has completed an equity investment in Headset, Inc., a data and analytics service provider for the cannabis ...

  • GlobeNewswire14 days ago

    Canopy Rivers Announces $80 Million Bank Debt Facility at PharmHouse

    Canopy Rivers Inc. (“Canopy Rivers” or the “Company”) (RIV.V) today announced that its 49%-owned joint venture PharmHouse Inc. (“PharmHouse”) has entered into a syndicated credit facility (the “Credit Facility”) with the Bank of Montreal (“BMO”), as agent and lead lender, and with Canadian Imperial Bank of Commerce and Concentra Bank as lenders (together with BMO, the “Lenders”). Under the terms of the Credit Facility, the Lenders will provide PharmHouse up to C$80 million of secured debt financing at a rate of interest that is expected to average in the mid-to-high 5% per annum range over its three-year term.

  • GlobeNewswire18 days ago

    Canopy Rivers Engages Hybrid Financial for Investor Relations Services

    Canopy Rivers Inc. (the “Company” or “Canopy Rivers”) (RIV.V) today announced that it has retained Hybrid Financial Ltd. (“Hybrid”), a marketing and retail distribution services company, to provide certain investor relations services. “We are confident that Hybrid will help us increase market awareness and further engage with the investment community,” said Daniel Pearlstein, EVP, Strategy at Canopy Rivers. Hybrid will be paid a monthly fee of C$14,000 and has been granted options to purchase up to 120,000 shares of the Company at a price of $3.50 per share.

  • GlobeNewswirelast month

    Canopy Rivers Announces DTC Eligibility

    Canopy Rivers Inc. (the “Company” or “Canopy Rivers”) (RIV.V) is pleased to announce that its shares have received DTC full service eligibility in the United States. The Company’s identifier is “CNPOF”.

  • GlobeNewswirelast month

    Canopy Rivers Portfolio Company TerrAscend Gains Traction in New Jersey Medical Cannabis Market

    OTCQX: TRSSF), NETA NJ LLC (“NETA”), has been selected by the State of New Jersey Department of Health to apply for final approval to operate a vertically integrated Alternative Treatment Center (ATC), which would permit it to cultivate, process and sell medical cannabis in the state. The State of New Jersey received a total of 146 applications to cultivate, process and sell medical cannabis.

  • GlobeNewswire2 months ago

    Canopy Rivers Enhances European Platform With Further Investment in Italy

    Canopy Rivers Inc. (the “Company” or “Canopy Rivers”) (RIV.V) is pleased to announce that it has increased its ownership stake in CanapaR Corp. (“CanapaR Canada”), the Canadian parent corporation of CanapaR SrL (“CanapaR Italy”), an Italy-based organic hemp production and processing platform. The investment, which increases the Company’s ownership position to 49.9%, builds upon Canopy Rivers’ international expansion strategy and positions the Company to capitalize on the expected growth in demand for cannabis and CBD derivative products in the rapidly growing European cannabis market.

  • CNW Group2 months ago

    JW Asset Management LLC Acquires Shares of TerrAscend

    NEW YORK , Dec. 3, 2018 /CNW/ - This news release is being disseminated as required by National Instrument 62-103 – The Early Warning System and Related Take Over Bids and Insider Reporting Issues (" ...

  • CNW Group2 months ago

    Canopy Growth and Canopy Rivers Announce Completion of TerrAscend Restructuring

    TORONTO, Nov. 30, 2018 /CNW/ - Canopy Growth Corporation (TSX:WEED.TO - News) (NYSE:CGC - News) ("Canopy Growth") and Canopy Rivers Inc. ("Canopy Rivers") (TSXV:RIV.V - News) are pleased to announce the closing of the previously announced restructuring transaction with TerrAscend Corp. ("TerrAscend") (CSE:TER) pursuant to which TerrAscend restructured its share capital by way of a plan of arrangement under the Business Corporations Act (Ontario) (the "Arrangement"). The announcement follows TerrAscend's special meeting of shareholders held on November 27, 2018 where holders of common shares in the capital of TerrAscend (the "Common Shares") voted to approve the Arrangement. To accommodate TerrAscend's strategic pursuits, while also maintaining strict compliance with industry regulations and the policies of the various securities exchanges on which they are listed, Canopy Growth and Canopy Rivers Corporation ("Rivers") agreed to restructure their investments in TerrAscend and exchange their Common Shares for exchangeable shares in the capital of TerrAscend (the "Exchangeable Shares") that will only become convertible into Common Shares following changes in U.S. federal laws regarding the cultivation, distribution or possession of marijuana, the compliance of TerrAscend with such laws and the approval of the various securities exchanges upon which Canopy Growth and Canopy Rivers are listed.

  • TerrAscend Completes Capital Reorganization
    CNW Group2 months ago

    TerrAscend Completes Capital Reorganization

    NYSE: CGC), Canopy Rivers Corporation (a wholly-owned subsidiary of Canopy Rivers Inc. (TSXV:RIV.V - News)) and entities controlled by Jason Wild, Chairman of the Company (the "Arrangement"), which paves the way for TerrAscend to explore and pursue growth opportunities internationally. Further details regarding the terms of the Arrangement are set out in the management information circular of the Company dated October 24, 2018, which is available under the profile of the Company on SEDAR at www.sedar.com.

  • Terrascend Shareholders Approve U.S. Expansion Strategy
    CNW Group2 months ago

    Terrascend Shareholders Approve U.S. Expansion Strategy

    -- Shareholders approve plan of arrangement -- -- U.S. team in place and ready to execute growth strategy -- TORONTO , Nov. 27, 2018 /CNW/ - TerrAscend Corp. (CSE: TER; OTCQX: TRSSF) ("TerrAscend" ...

  • GlobeNewswire2 months ago

    Canopy Rivers Reports Second Quarter Financial Highlights and Provides Corporate Update

    Canopy Rivers Inc. (the “Company” or “Canopy Rivers”) (RIV.V) today released its financial results for the three and six months ended September 30, 2018. The Company's full Management's Discussion and Analysis and unaudited condensed interim consolidated financial statements for the three and six months ended September 30, 2018 are available on SEDAR (www.sedar.com) and posted on the Company’s website at www.canopyrivers.com/financials. “The second quarter was highlighted by several key milestones for Canopy Rivers, including the closing of our private placement financing, our go public transaction and listing on the TSX Venture Exchange, our first European investment, and several new developments from our existing portfolio companies,” said Bruce Linton, Chairman and CEO of Canopy Rivers.

  • GlobeNewswire2 months ago

    Repeat: Canopy Rivers Secures International Joint Venture Rights and Accelerates Development at PharmHouse

    Canopy Rivers Inc. (“Canopy Rivers” or the “Company”) (RIV.V) is pleased to announce it has, through its wholly-owned subsidiary Canopy Rivers Corporation, entered into an incremental funding agreement with its joint venture partner PharmHouse Inc. (“PharmHouse”) and amended the terms of the Company’s global non-competition agreement with joint venture partner, 2615975 Ontario Limited (the “Joint Venture Partner”), to include additional rights in favour of the Company in the event the Joint Venture Partner commences operations in the U.S. cannabis market.

  • Baystreet2 months ago

    Stocks in play: Canopy Rivers Inc.

    Has, through its wholly-owned subsidiary Canopy Rivers Corporation, entered into an incremental funding ...

  • GlobeNewswire2 months ago

    Canopy Rivers Secures International Joint Venture Rights and Accelerates Development at PharmHouse

    Canopy Rivers Inc. (“Canopy Rivers” or the “Company”) (RIV.V) is pleased to announce it has, through its wholly-owned subsidiary Canopy Rivers Corporation, entered into an incremental funding agreement with its joint venture partner PharmHouse Inc. (“PharmHouse”) and amended the terms of the Company’s global non-competition agreement with joint venture partner, 2615975 Ontario Limited (the “Joint Venture Partner”), to include additional rights in favour of the Company in the event the Joint Venture Partner commences operations in the U.S. cannabis market.

  • TerrAscend Announces Third Quarter 2018 Financial Results
    CNW Group2 months ago

    TerrAscend Announces Third Quarter 2018 Financial Results

    OTCQX: TRSSF) ("TerrAscend" or the "Company"), today reported financial results for the third quarter, ending September 30, 2018. The October launch of our premium-quality Haven St. brand was a major milestone, as we differentiate ourselves within the emerging adult-use cannabis market. With a month of adult-use sales behind us, we are thrilled to see that the Haven St. brand resonates not only with provincial buyers but with consumers as well," said Michael Nashat, TerrAscend's President and Chief Executive Officer.

  • GlobeNewswire2 months ago

    Canopy Rivers Portfolio Company Radicle Receives Licence From Health Canada to Commence Sales of Premium Craft Cultivated Product

    Canopy Rivers Inc. (“Canopy Rivers” or the “Company”) (RIV.V) congratulates its portfolio company, Radicle Medical Marijuana Inc. (“Radicle”), on receiving its production and sales licence from Health Canada. First licensed for cultivation in early 2018, Radicle’s 140,000 square foot indoor facility located in Hamilton, ON is focused on small-batch cultivation of unique genetic strains using proprietary and sustainable growth methods. In August 2018, Radicle was one of the original twenty-six licensed cannabis producers selected in a highly competitive product call by the Ontario Cannabis Store for recreational sale online and one of two entities selected despite only having a licence to cultivate at the time.

  • GlobeNewswire2 months ago

    Canopy Rivers to Report Second Quarter Fiscal 2019 Financial Results

    TORONTO, Nov. 14, 2018 (GLOBE NEWSWIRE) --  Canopy Rivers Inc. (the “Company”) (RIV.V) will report its second quarter fiscal 2019 financial results after markets close on Monday, November 26, 2018. The Company’s unaudited condensed interim financial statements and Management’s Discussion and Analysis for the three and six months ended September 30, 2018 will be available on the Company’s profile on SEDAR at www.sedar.com and in the investors section of the Company’s website at www.canopyrivers.com. Certain preliminary financial information pertaining to the Company can also be found in the financial results released by Canopy Growth Corporation (TSX: WEED, NYSE: CGC) on November 14, 2018.

  • This Overlooked Marijuana Stock Could Soar Above and Beyond All the Pot Stocks You Know and Love
    The Motley Fool2 months ago

    This Overlooked Marijuana Stock Could Soar Above and Beyond All the Pot Stocks You Know and Love

    Forget Canopy Growth Corp (TSX:WEED)(NYSE:CGC). This smaller marijuana stock has more upside from current levels!