Canopy Rivers Announces Significant Supply Agreement Between PharmHouse and Canopy Growth

TORONTO , May 9, 2019 /CNW/ – Canopy Rivers Inc. (“Canopy Rivers” or the “Company”) (RIV.V) (CNPOF) is pleased to announce that its portfolio company PharmHouse Inc. (“PharmHouse”) has entered into a second offtake agreement (the “Agreement”) with Canopy Growth Corporation (“Canopy Growth”) (WEED.TO) (CGC) for the purchase of cannabis from its 1.3 million square foot greenhouse facility upon licensing. The Agreement commits an additional 20% of PharmHouse’s flowering space to Canopy Growth for the next three years, in addition to the 10% that was originally committed in May 2018 .

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