Tag: CNPOF

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Bolsters its Strategic Advisory Board with Kevin Durant’s Thirty Five Ventures

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today announced the expansion of its strategic advisory board to add Thirty Five Ventures, the business owned by NBA star Kevin Durant and sports business executive Rich Kleiman. According to the update, Thirty Five Ventures will collaborate with Canopy Rivers as it continues to pursue its global growth strategy and strengthen its global portfolio of leading cannabis companies. Canopy Rivers will also look to co-invest with Thirty Five Ventures on cannabis-related deals, leveraging the group’s expertise in brand development and marketing. “We’re thrilled to have Thirty Five Ventures join the Canopy Rivers team,” Narbé Alexandrian, president and CEO of Canopy Rivers, said in the news release. “Kevin Durant and Rich Kleiman have built an incredible brand worldwide, investing in and growing some of the cannabis and tech industry’s hottest companies. We’re excited to combine our venture capital knowledge and cannabis domain expertise, and we believe that this partnership will drive success for our portfolio as we continue to grow it in the years ahead.”

To view the full press release, visit http://cnw.fm/pw4Lf

About Canopy Rivers Inc.

Canopy Rivers is a venture capital firm specializing in cannabis. Its unique investment and operating platform is structured to pursue investment opportunities in the emerging global cannabis sector. Canopy Rivers identifies strategic counterparties seeking financial and/or operating support. Canopy Rivers has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the emerging cannabis sector. As the portfolio continues to develop, constituents will be provided with opportunities to work with Canopy Growth Corporation (TSX: WEED, NYSE: CGC) and collaborate among themselves, which Canopy Rivers believes will maximize value for its shareholders and foster an environment of innovation, synergy and value creation for the entire ecosystem. For more information, visit the company’s website at www.CanopyRivers.com.

NOTE TO INVESTORS: The latest news and updates relating to CNPOF are available in the company’s newsroom at http://cnw.fm/RIV

About CanadianCannabisWire

CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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CannabisNewsBreaks – Canopy Rivers Inc.’s (TSX: RIV) (OTC: CNPOF) Portfolio Companies Expand for Success in the Growing Market

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today announced the broadening of operations of its portfolio companies as they position for success in the growing market. The update highlighted several enhancements and expansions, including one company’s launch of a data intelligence tool to assist retailers in tracking sales metrics and understanding their consumers. Another company intends to leverage Canopy Rivers’ strategic alliance with Kindred Partners Inc. to expand its distribution network. Included in the update is a summary of key developments for Headset, Inc., TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), James E. Wagner Cultivation Corporation (TSX.V: JWC) and YSS Corp. (TSX.V: YSS).

To view the full press release, visit http://cnw.fm/1W1rN

About Canopy Rivers Inc.

Canopy Rivers is a venture capital firm specializing in cannabis. Its unique investment and operating platform is structured to pursue investment opportunities in the emerging global cannabis sector. Canopy Rivers identifies strategic counterparties seeking financial and/or operating support. Canopy Rivers has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the emerging cannabis sector. As the portfolio continues to develop, constituents will be provided with opportunities to work with Canopy Growth Corporation (TSX: WEED, NYSE: CGC) and collaborate among themselves, which Canopy Rivers believes will maximize value for its shareholders and foster an environment of innovation, synergy and value creation for the entire ecosystem. For more information, visit the company’s website at www.CanopyRivers.com.

NOTE TO INVESTORS: The latest news and updates relating to CNPOF are available in the company’s newsroom at http://cnw.fm/RIV

About CanadianCannabisWire

CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CanadianCannabisWire.com

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420 with CNW – Why Looking at Indica or Sativa Categorizations Isn’t the Best Way to Select Cannabis Products

Once in a while at your local dispensary, you will hear clients referring to indica or sativa when choosing the marijuana products they want to purchase. These terms are mostly used to describe the characteristics and effects of cannabis buds. Products such as vapes or edibles also lay claim to these terms.

Indica-dominant strains are chill, and sativa strains are energetic. Hybrid strains represent a balance between indica and sativa. The question on people’s minds is, is the classification of the marijuana strains accurate in predicting a person’s experience after using marijuana?

According to Daniel Simone Brand, it is not always accurate classifying weed with people’s experiences. Discussed below is the reason why indica, sativa, and hybrid classification is not reliable and what is replacing them.

  1. Origin of Indica and Sativa

Back in the 1700s, the French biologist Jean Baptiste Lamarck classified weed into cannabis sativa and cannabis indica. According to Lamarck, a cannabis sativa plant was tall with light-colored, pointy shaped leaves while the cannabis indica plant was short with broader, dark-colored leaves.

In those centuries, there were no labs for in-depth testing, but the THC levels were much lower those days than today, and the terpene content could not be determined.

In an interview with HelloMD, Dr. Patricia Frye said that the 18th-century marijuana classification was based on the outward appearance of the crop, not on its genes or effects on the person using. Therefore labeling a plant indica or sativa does not correlate with their impact today.

  1. Cannabinoid Compounds of Cannabis

What matters in a marijuana strain is the level of CBD, THC, and the ratios between them. THC is the psychoactive compound of marijuana responsible for giving a high effect. It can be used medically to treat cancer, chronic pain, and insomnia. CBD is the non-psychoactive compound of cannabis. It can be used to manage various illnesses, such as seizures, anxiety, and inflammation. Recreational consumers can use both THC and CBD products in varying ratios, depending on what they want to achieve.

According to Dr. Frye, consumers should be careful not to overdose on marijuana as it can result in worse symptoms such as paranoia and panic attacks.

Marijuana users are also interested in other cannabinoids such as THCV, CBG, and CBN because of their healing effects. Basing one’s choice on indica or sativa classifications is therefore inadequate.

  1. Terpene Composition

Terpenes influence the taste and the aroma of a strain. The most common types of terpenes found in weed are Caryophyllene, myrcene, limonene, linalool, Pinene, and terpinolene. Each of them has unique characteristics.

According to Dr. Frye, strains containing Myrcene and linalool are best for inducing sleep; limonene, and caryophyllene are suitable for pain relief, while asthmatic patients can use pinene for bronchodilation and anti-inflammatory effects.

According to Alec Dixon, the co-founder, and director of client relations at SC Labs, consumers should be trained to develop their nose to identify potent strains instead of relying on a marijuana strain’s name. He adds that due to the advancements in the cannabis sector, consumers can now rely on researched data instead of hearsay.

Such information may explain why cannabis companies like Cannabis Strategic Ventures Inc. (OTCQB: NUGS) and Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) probably insist that marijuana dispensaries have a budtender to explain the attributes of each product before customers or patients buy it.

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Reports Q2 Fiscal Year 2020 Financial Results, Provides Corporate Update

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, this morning released its financial results for the three and six months ended September 30, 2019. The company’s unaudited condensed interim consolidated financial statements for Q2 2020, as well as its management’s discussion and analysis (“MD&A”) for Q2 2020, are available under its SEDAR profile and the company’s website. “Headlined by our graduation to the TSX, our business matured during the second quarter as we launched our Strategic Advisory Board and continued to work closely with our portfolio companies as they achieved new milestones,” Canopy Rivers president and CEO Narbé Alexandrian said in the news release. “There were numerous achievements for our portfolio companies this quarter. Several of these companies received licences and amendments from Health Canada for the sale of cannabis oils, while others made key acquisitions, launched their Canadian business, or brokered agreements with companies both inside and outside of the Canopy Rivers ecosystem. As we move forward, we plan to continue to develop a robust ecosystem of mutually beneficial cannabis companies intended to drive the industry forward and lay down the foundation for long-term success.”

To view the full press release, visit http://cnw.fm/7WHCs

About Canopy Rivers Inc.

Canopy Rivers is a venture capital firm specializing in cannabis. Its unique investment and operating platform is structured to pursue investment opportunities in the emerging global cannabis sector. Canopy Rivers identifies strategic counterparties seeking financial and/or operating support. Canopy Rivers has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the emerging cannabis sector. As the portfolio continues to develop, constituents will be provided with opportunities to work with Canopy Growth Corporation (TSX: WEED, NYSE: CGC) and collaborate among themselves, which Canopy Rivers believes will maximize value for its shareholders and foster an environment of innovation, synergy and value creation for the entire ecosystem. For more information, visit the company’s website at www.CanopyRivers.com.

NOTE TO INVESTORS: The latest news and updates relating to CNPOF are available in the company’s newsroom at http://cnw.fm/RIV

About CanadianCannabisWire

CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CanadianCannabisWire.com

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420 with CNW – Marijuana Legalization Bill Introduced in Pennsylvania Senate

Lawmakers in Pennsylvania have renewed their efforts for recreational cannabis legalization. The Senate Bill 350 was introduced on October 15 by Senator Daylin Leach and Senator Sharif Street. The purpose of the bill is to allow marijuana home delivery and the expungement of past marijuana criminal charges. Within the next 12 months, the supporters forecast that the bill will generate 500 million dollars in tax revenue.

The legislation also has a policy that allows permits for growing marijuana for personal use as well as the establishment of lounges where people can consume cannabis legally.

Senator Street said that legalizing weed will be the end of the prohibition era. He further said that it is high time Keystone State joined the emerging marijuana economy by legalizing recreational marijuana. Consumption of pot is not a crime when adults use it responsibly, he asserted.

Senator Leach said that the marijuana policy in Pennsylvania is cruel, irrational, and expensive. He also noted that the war on marijuana destroyed the lives of many youths while at the same time wasting millions of taxpayer money.

Senator Leach feels that it is high time the state government stopped arresting young kids and bankrolling violent drug cartels. He also noted that the process of legalizing adult-use marijuana would be challenging, but he is optimistic since the state previously approved medical marijuana.

Senator Leach’s press release outlined several points in his proposal. It stated that people with limited resources in the state would be issued permits that give them little or no barrier to entering the marijuana industry. People with past marijuana convictions would be cleared, those whose charges are pending would be dismissed, and custodial sentences would be reduced to a fine.

In the first fiscal year of marijuana sales, the tax revenue generated, which is estimated to be $500 million, would be allocated to school districts. The spending of the appropriated money would be at the discretion of each school district where they may build more schools, employ more teachers, or provide local tax relief to the locals in the region.

Only people who are 21 years and above are allowed to use marijuana, according to the bill. The proposed law also has provisions regarding the issuance of home delivery permits, companies conducting deliveries on behalf of other companies and dispensaries are permitted to deliver their products using any form of transportation such as cars, bicycles or public transit. And it also allows people to cultivate up to 10 plants for personal use in their homes.

Despite the public support for marijuana legalization, an uphill battle awaits Senate Bill 350 because, in Pennsylvania, the political leadership does not favor marijuana reforms. Past efforts to legalize adult-use marijuana failed due to a lack of bipartisan support.

Industry watchers are convinced that cannabis companies like Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) and Earth Science Tech Inc. (OTCQB: ETST) are hoping that the people of Pennsylvania can finally be allowed to access legal pot.

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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420 with CNW – Marijuana Toothpaste Will Soon Debut on the Market, Says Belgian Dentist

According to a dentist from Morsel Belgium, Dr. Veronica Stahl, cannabis has antibacterial factors that help in fighting dental diseases. This knowledge has resulted into the formulation of a new marijuana toothpaste to be known as Cannabite Lifelong, and it has a painkilling effects perfect for alleviating toothache. Cannabite Lifelong can also serve as a pain reliever after root canal surgery.

Although research on marijuana is still ongoing in the UK and other parts of the world, the treatment of chronic pain using marijuana extracts is backed up by existing research.

Dr. Stahl is licensed to practice dentistry in the UK, but she hails originally from Israel. She said that products that are infused with the healing compounds of marijuana, the cannabinoids, are capable of helping millions of patients. Such products include the marijuana toothpaste, which will help patients maintain their natural teeth in the face of gum diseases, cavities, and other soft tissue diseases.

Dr. Stahl said that with Cannabite Lifelong, the number of people suffering from gum diseases and pain would reduce.

The development of the Cannabite Lifelong toothpaste is based on emerging medical research, which relies highly on the healing properties of the marijuana plant’s extracts and their interaction with the body’s endocannabinoid system.

The process of producing the toothpaste is exciting, said Dr. Stahl.

Dr. Stahl has been practicing dentistry for the last 23 years. She said that the public is still stigmatized and harbors a lot off misunderstanding when it comes to applications of medical marijuana.

She further said that during the toothpaste development, they did not use THC, which is responsible for the high effect. The toothpaste is therefore not for recreational purposes; so, you cannot just mix marijuana into a toothpaste.

According to Dr. Stahl, the CBD compound in marijuana is suitable for medicinal purposes, and they are carrying on with the research to help improve the healing processes.  For instance, in a root canal surgery, amputating the nerve does not cure that nerve, researchers are looking to bring a revolution in the root canal surgery where the nerve can be maintained and cured with cannabis.

According to Dr. Stahl, the marijuana toothpaste, and other marijuana products will be launched in the European market in the next few years.

Marijuana is classified as a class B drug in the UK, and possessing it in any form is illegal. However, CBD oil, also referred to as cannabidiol, is legal in the UK.  CBD oil is popular because of its medicinal properties.

Experts think that marijuana industry players like Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) and IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) are also frequently surprised by the seemingly endless ways in which marijuana can be used.

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CNW420.com

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420 with CNW – Judge Upholds Massachusetts Vaping Product Sales Ban

On Monday, a Massachusetts judge, Douglas Wilkins, refused to reverse the ban on the sale of vaping products, which was adopted after the outbreak of lung illnesses associated with e-cigarettes. However, he instructed the state of Michigan to modify the ban and solicit public comments.

Judge Douglas Wilkins from Suffolk County Superior Court’s ruling was a partial win for Charlie Baker, a Republican Governor who, in response to the outbreak of the lung illnesses, adopted the strictest sales ban. However, Judge Wilkins said that by issuing the ban, Baker overexerted his powers. The judge issued an order that would stop the state from enforcing a ban on the sale of nicotine-vaping products unless defects were detected in the products.

The judge said that by October 28, through an emergency regulation, Baker should reissue the ban and give the vape shops as well as the members of the public a chance to comment.

Products containing THC, which is the psychoactive compound of marijuana, are legal in the state; therefore, they will not be affected by the ban.

Baker’s administration was responsible for ensuring that the order was issued correctly as they prepared for the next steps, said Lizzy Guyton, Baker’s spokeswoman.

The business association was not happy about the ban and said they are working to block it. The group said the ban is a threat to the state’s $331 million nicotine vaping industry, said Tony Abboud, VTAs executive director.

According to the United States Centers for Disease Control and Prevention, the number of e-cigarette lung-related illnesses reported nationally are about 1,479. The Centers for Disease Control and Prevention links most of the diseases to products containing compounds of THC, especially those bought from the illicit market.

Washington-based VTA filed the lawsuit against Baker’s emergency order citing that the mandate was unconstitutional, overreaching, and arbitrary because it was meant to target the youth engaging in vaping activities and the outbreak but ended up banning the sale of vaping products to everyone irrespective of their age.

Other states such as Oregon, Michigan, New York, Rhode Island, and Washington joined in on the ban of e-cigarettes sales, asserting that they are harmful to public health, especially to teenagers.

The ban of e-cigarettes in Michigan, New York, and Oregon has been put on hold by the courts following similar lawsuits.

It is expected that marijuana industry players, such as Green Hygienics Holdings Inc. (OTCQB: GRYN) and Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) may be happy with this ruling since it puts a halt to the arbitrary and farreaching bans that would have been imposed elsewhere.

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

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CannabisNewsBreaks – Canopy Rivers Inc.’s (TSX: RIV) (OTC: CNPOF) Radicle Medical Marijuana Awarded Health Canada Oil License

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, this morning announced that its portfolio company, Radicle Medical Marijuana Inc., has received approval for oil sales from Health Canada. The additional license allows for the development and sale of new cannabis products, including oil and concentrates, which will open the door for Radicle’s medical patients to access other product forms in the company’s craft cannabis selection. “Consumer behaviors are evolving, and we believe many of today’s cannabis consumers are open to trying alternatives to dried flower products,” Canopy Rivers President and CEO Narbé Alexandrian said in the news release. “With its Health Canada approval for the sale of formulated oil products, Radicle is well positioned to capitalize on this demand while maintaining its commitment to the production of premium, small-batch craft cannabis.”

To view the full press release, visit http://cnw.fm/z4Pyq

About Canopy Rivers Inc.

Canopy Rivers is a venture capital firm specializing in cannabis. Its unique investment and operating platform is structured to pursue investment opportunities in the emerging global cannabis sector. Canopy Rivers identifies strategic counterparties seeking financial and/or operating support. Canopy Rivers has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the emerging cannabis sector. As the portfolio continues to develop, constituents will be provided with opportunities to work with Canopy Growth Corporation (TSX: WEED, NYSE: CGC) and collaborate among themselves, which Canopy Rivers believes will maximize value for its shareholders and foster an environment of innovation, synergy and value creation for the entire ecosystem. For more information, visit the company’s website at www.CanopyRivers.com.

NOTE TO INVESTORS: The latest news and updates relating to CNPOF are available in the company’s newsroom at http://cnw.fm/RIV

About CanadianCannabisWire

CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

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CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) and Kindred Form Strategic Alliance to Unlock Industry’s Long-Term Potential

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, and Kindred Partners Inc., a specialty cannabis brokerage and services company, today announced a strategic alliance to provide mutual benefits to both parties, as well as to Canopy Rivers’ portfolio companies. Kindred is a wholly owned subsidiary of Breakthru Beverage Group and leverages deep experience of its sister company, Breakthru Beverage Canada, in working with Canadian provincial control boards, public and private regulated cannabis businesses, licensed producers and retailers to broker regulated cannabis products for the adult-use market. “As we head into cannabis 2.0 and the Canadian cannabis market continues to develop in a highly regulated environment, we expect that distribution will be one of the key tenets of success for brands,” Canopy Rivers president and CEO Narbé Alexandrian said in the news release. “Our strategic alliance with Kindred presents a valuable opportunity for our portfolio companies to access the expertise and distribution channels necessary to enable their branded products to thrive. We’re excited to work with Kindred, alongside our portfolio, to unlock the industry’s long-term potential.”

To view the full press release, visit http://cnw.fm/L30Ki

About Canopy Rivers Inc.

Canopy Rivers is a venture capital firm specializing in cannabis. Its unique investment and operating platform is structured to pursue investment opportunities in the emerging global cannabis sector. Canopy Rivers identifies strategic counterparties seeking financial and/or operating support. Canopy Rivers has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the emerging cannabis sector. As the portfolio continues to develop, constituents will be provided with opportunities to work with Canopy Growth Corporation (TSX: WEED, NYSE: CGC) and collaborate among themselves, which Canopy Rivers believes will maximize value for its shareholders and foster an environment of innovation, synergy and value creation for the entire ecosystem. For more information, visit the company’s website at www.CanopyRivers.com.

NOTE TO INVESTORS: The latest news and updates relating to CNPOF are available in the company’s newsroom at http://cnw.fm/RIV

About CanadianCannabisWire

CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) to Release Q2 Financial Results, Host Conference Call on November 14

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, on Monday announced that it will report its second quarter fiscal year 2020 financial results before markets open on Thursday, November 14, 2019. Some preliminary financial information relevant to CNPOF may also be found in the financial results released by Canopy Growth Corporation (TSX: WEED) (NYSE: CGC), which are scheduled to be released on the same day. CNPOF’s unaudited financial statements and management’s discussion and analysis of financial results for the six months ended September 30, 2019 will be available on the company’s SEDAR profile and on the company’s website. Additionally, the company will host a conference call and audio webcast with President and CEO Narbe Alexandrian and CFO Eddie Lucarelli to discuss the results at 10 AM ET on November 14, 2019. To join the call, dial (+1) 888 390 0546. To listen to a replay of the call, dial (+1) 888 390 0541 and enter the password 448969 #.

To register to view the live audio webcast, visit http://cnw.fm/1KM1t

To view the full press release, visit http://cnw.fm/a5WBz

About Canopy Rivers Inc.

Canopy Rivers is a venture capital firm specializing in cannabis. Its unique investment and operating platform is structured to pursue investment opportunities in the emerging global cannabis sector. Canopy Rivers identifies strategic counterparties seeking financial and/or operating support. Canopy Rivers has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the emerging cannabis sector. As the portfolio continues to develop, constituents will be provided with opportunities to work with Canopy Growth Corporation (TSX: WEED, NYSE: CGC) and collaborate among themselves, which Canopy Rivers believes will maximize value for its shareholders and foster an environment of innovation, synergy and value creation for the entire ecosystem. For more information, visit the company’s website at www.CanopyRivers.com.

NOTE TO INVESTORS: The latest news and updates relating to CNPOF are available in the company’s newsroom at http://cnw.fm/RIV

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CanadianCannabisWire (CNW)
Toronto, Ontario
www.CanadianCannabisWire.com
905.674.5977 Office
Editor@CanadianCannabisWire.com