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Riv Capital And Cansortium Shareholders Approve Merger: Combined Weed Company Will Operate In Four Major US States
Wednesday, August 28, 2024 - 11:24am | 711RIV Capital Inc. (CSE:RIV) (OTC:CNPOF) confirmed that holders of its Class A shares have voted in favor of thepreviously announced merger with Cansortium Inc. (CSE:TIUM) (OTCQB:CNTMF) at the annual general and special meeting held Tuesday. Shareholders of Cansortium, a Tampa, Florida-based cannabis...
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RIV Capital's 111% Revenue Surge Amid NY Expansion, Prepares For Major Merger With Cansortium Cannabis Co.
Wednesday, August 28, 2024 - 10:14am | 634RIV Capital Inc. (CSE:RIV) (OTC:CNPOF) reported on Wednesday financial results for the second quarter, a three-month period ended June 30, 2024. Mike Totzke, the company's COO and interim CEO, praised "ongoing success of our adult-use operations rollout" in New York during the quarter. “The...
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RIV Capital Reports YoY Increase In Q1 Revenue, Gross Profit Ahead Of Merger With Cansortium To Create Four-State Cannabis Company
Friday, May 31, 2024 - 11:30am | 580Cannabis-focused acquisition and investment firm RIV Capital Inc. (CSE:RIV) (OTC:CNPOF) released its financial results on Thursday for the first quarter ended March 31, 2024. Mike Totzke, the company's COO and interim CEO, called the first quarter "pivotal" referring to the official launch of the...
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This Cannabis Merger Will Cover 25% Of U.S. Population: Cansortium & RIV Capital Powered By ScottsMiracle-Gro
Thursday, May 30, 2024 - 2:21pm | 639Cansortium Inc. (OTC: CNTMF), a multi-state cannabis operator under the FLUENT brand and RIV Capital Inc. (OTC: CNPOF) announced a merger that will operate in Florida, New York, Texas, and Pennsylvania, covering 25% of the U.S. population with eight cultivation and processing...
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RIV Capital's Subsidiary, Etain Secures Regulatory Nod To Enter New York's Cannabis Market
Friday, December 8, 2023 - 5:02pm | 627RIV Capital Inc. (CSE: RIV) (OTCPK: CNPOF) announced that its subsidiary, Etain, LLC, has received regulatory approval from the New York Cannabis Control Board (CCB) to transition to cannabis adult-use operations. RIV Capital is a focused acquisition and investment firm aiming to build a leading...
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Etain Receives Regulatory Approval For Cannabis Facility In Buffalo, New York
Wednesday, August 2, 2023 - 9:42am | 483RIV Capital Inc. (OTCPK:CNPOF) (CSE:RIV) acting through its wholly owned indirect subsidiary RIV Capital US Real Estate LLC, and Etain, LLC announced that the New York State Office of Cannabis Management (the "OCM") has reviewed and approved Etain's request for an additional...
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RIV Capital Q4 FY23 Revenue Declines 10.5% Hit By Illicit Market And Statewide Decline In Medical Cannabis Sales
Thursday, June 15, 2023 - 8:52am | 512RIV Capital Inc. (OTCPK:CNPOF) (CSE:RIV) released its financial results for the fiscal year ended March 31, 2023, revealing net revenue of $6.8 million. The company did not report revenue for any reporting periods ended on or prior to March 31, 2022. Fiscal Year 2023 Financial Highlights Gross...
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Riv Capital Stock Trading Higher On Stagnating Q3 FY23 Revenue And CEO Departing
Wednesday, March 1, 2023 - 11:19am | 647RIV Capital Inc. (OTCPK:CNPOF) (CSE:RIV) released its financial results for the three months ended December 31, 2022, revealing net revenue of $1.9 million, consistent with the previous quarter (the company did not report revenue for any reporting periods ended on or prior to March 31, 2022)....
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Riv Capital Cuts FY 22 Net Loss By 61%, Expects Completion Of Etain Acquisition In H2 22
Monday, June 13, 2022 - 8:21am | 842RIV Capital Inc.’s (OTCPK:CNPOF) (CSE:RIV) total comprehensive loss in 2022 was CA$52.23 million ($40.61 million) compared to income of CA$67.32 million in fiscal 2021. Fiscal Year 2022 Financial Highlights Net loss was CA$52.73 million compared to net loss of CA$133.88 million in 2021...