Canopy Rivers Portfolio Company Licensed by Health Canada, Triggering Long-Term Cash Flow Stream

Canopy Rivers Inc. (“Canopy Rivers” or the “Company”) (TSXV: RIV) congratulates Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) (“Canopy Growth”) and its portfolio company, Spot Therapeutics Inc. (“Spot”), on receiving a cultivation license from Health Canada for its Fredericton-based production and distribution facility. 

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LeafLink and Canopy Rivers Collaborate to Deploy Market-Leading B2B Software Platform Globally

Canopy Rivers Inc. (“Canopy Rivers”) (TSXV: RIV) and LeafLink, Inc. (“LeafLink”) are pleased to announce the establishment of LeafLink Services International ULC (“LeafLink International”), a new venture that exclusively licenses and leverages LeafLink’s dominant business-to-business (B2B) marketplace and supply chain technology platform for deployment throughout regulated international cannabis markets.

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Canopy Rivers Portfolio Company Headset Enters Into Alliance With Global Data Analytics Giant Nielsen

Canopy Rivers Inc. (the “Company” or “Canopy Rivers”) (TSXV: RIV) congratulates its portfolio company Headset, Inc. (“Headset”) on the formation of its landmark strategic alliance with Nielsen Holdings plc (“Nielsen”) (NYSE: NLSN). Yesterday, Nielsen and Headset together announced an alliance that will provide U.S. cannabis market data and analytics to consumer packaged goods (CPG) companies monitoring the cannabis space.

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Canopy Rivers Completes Previously Announced Bought Deal and Concurrent Private Placement for Total Gross Proceeds of Approximately $93.5 Million

Canopy Rivers Inc. (TSXV:RIV) (“Canopy Rivers” or the “Company”) is pleased to announce that it has closed its previously announced bought deal financing (the “Bought Deal”) of subordinated voting shares of the Company (the “Subordinated Voting Shares”) with a syndicate of underwriters (the “Underwriters”) led by CIBC Capital Markets (“CIBC”) and Eight Capital (together with CIBC, the “Joint Bookrunners”). 

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Canopy Rivers to Report Third Quarter Fiscal 2019 Financial Results

Canopy Rivers Inc. (the “Company”) (TSXV: RIV) will report its third quarter fiscal 2019 financial results after markets close on Wednesday February 27, 2019. The Company’s unaudited condensed interim financial statements and Management’s Discussion and Analysis for the three and nine months ended December 31, 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.

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Canopy Rivers Announces Investment From Canopy Growth and Bought Deal Financing for Total Gross Proceeds of $85 Million

Canopy Rivers Inc. (TSXV:RIV) (“Canopy Rivers” or the “Company”) is pleased to announce that it has entered into an agreement with CIBC Capital Markets (“CIBC”) and Eight Capital (together with CIBC, the “Joint Bookrunners”), under which the Joint Bookrunners have agreed to purchase, together with a syndicate of underwriters (the “Underwriters”), 11,500,000 subordinated voting shares of the Company (the “Subordinated Voting Shares”) on a “bought deal” basis at a price of $4.80 per Subordinated Voting Share (the “Issue Price”) for gross proceeds of approximately $55.0 million (the “Bought Deal”).

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Canopy Rivers Announces Completion of $17 Million Financing for Its Italian Hemp Platform - Canapar

Canopy Rivers Inc. (the “Company” or “Canopy Rivers”) (TSXV: RIV) is pleased to announce that it has completed a subsequent $9.4 million equity investment in its portfolio company Canapar Corp. (“Canapar Canada”), the Canadian parent corporation of Canapar SrL (“Canapar Italy”), an Italy-based organic hemp production and processing platform. The investment aligns with the Company’s global-focused growth strategy and is expected to provide the Company with the opportunity to capitalize on the rapidly expanding European cannabidiol (“CBD”) market.  

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

anopy Rivers Inc. (the “Company” or “Canopy Rivers”) (TSXV: RIV) 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.

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