Canopy Rivers Inc (CVE:RIV) Horizontally Integrated Investment Ecosystem

Canopy Rivers Inc (CVE:RIV) (OTCMKTS:CNPOF) CEO Narbe Alexandrian joins Midas Letter to discuss the company’s value proposition for investors to avail themselves of venture capital firm level due diligence while investing in a portfolio of cannabis companies. The CEO likens the investment to an Exchange-Traded Fund (ETF), however Canopy Rivers also are able to invest into private companies at multiples lower than companies already trading in public markets. Mr Alexandrian states he “can proudly say that I don’t think any other venture fund out there within the cannabis space looks at as many deals as us.” In the last year Canopy Rivers, with its merchant bank type of structure in the cannabis space, have seen 1,523 pitches to date. The company looks to invest in all segments of the cannabis value chain and currently have eighteen companies in its portfolio. The recent purchase and supply agreements between portfolio companies James E. Wagner Cultivation Corp (JWC) and TerrAscend Corp demonstrates the collaboration and synergy that can happen within their investment ecosystem. The CEO also discusses his views on the future of the cannabis sector and what that means for Canopy Rivers future deal flow.

Original article: Canopy Rivers Inc (CVE:RIV) Horizontally Integrated Investment Ecosystem

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