Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) today announced that its portfolio company and subsidiary of Canopy Growth Corporation (TSX: WEED) (NYSE: CGC), Les Serres Vert Cannabis Inc. (“Vert Mirabel”), has received its final cultivation license from Health Canada. According to the update, all Vert Mirabel operating space of 700,000 square feet is now licensed for cannabis production. “We are thrilled that the operational infrastructure at Vert Mirabel is now fully online with over 500,000 sq. ft. already in production,” Canopy Rivers COO Olivier Dufourmantelle said in the news release. “Vert Mirabel is a key asset for Canopy Rivers as it provides exposure to a commercially scaled source of locally grown, premium quality cannabis for distribution into Québec and across the country.” In addition, Canopy Rivers announced that it will be hosting its analyst and investor day from 1:00 PM to 5:00 PM ET today, May 28. The event will be webcast live and available on Canopy Rivers’ website immediately prior to the event at www.CanopyRivers.com/Investors/Events.
About Canopy Rivers
Canopy Rivers is a unique investment and operating platform structured to pursue investment opportunities in the emerging global cannabis sector. Canopy Rivers works collaboratively with Canopy Growth (TSX: WEED) (NYSE: CGC) to identify 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 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.
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