Jan. 17, 2020, 10:04 a.m. EST

CannabisNewsBreaks - Canopy Rivers Inc. (CA: RIV)(US: CNPOF) Provides Update on Portfolio Companies

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/zigman2/quotes/214109402/delayed CA:RIV -1.05% /zigman2/quotes/201002551/delayed CNPOF -2.80%

Jan 17, 2020 (NetworkNewsWire via COMTEX) -- Canopy Rivers , a venture capital firm specializing in cannabis, this morning provided an update regarding recent announcements from its portfolio companies High Beauty, Inc., TerrAscend Corp. /zigman2/quotes/207845920/delayed CA:TER -7.77% , YSS Corp. (tsx.v:YSS) and James E. Wagner Cultivation Corp. (tsx.v:JWC) (otcqx:JWCAF). Per the update, High Beauty will remember 2019 as the year it expanded its retail presence across the U.S., Canada, and Europe. YSS Corp. and James E. Wagner Cultivation Corp. are currently assessing opportunities to increase their retail footprint in Canada, while TerrAscend is taking steps to build out its U.S. operations in 2020.

To view the full press release, visit http://cnw.fm/3x6BP

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 /zigman2/quotes/202205609/delayed CA:WEED -3.64% /zigman2/quotes/200603886/composite CGC -5.58% 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/CNPOF

About CannabisNewsWire

CannabisNewsWire (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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For more information please visit https://www.CannabisNewsWire.com

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COMTEX_360719104/2557/2020-01-17T10:04:26

/zigman2/quotes/214109402/delayed
CA : Canada: Toronto
$ 0.94
-0.01 -1.05%
Volume: 213,858
Feb. 27, 2020 6:26p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$182.36 million
Rev. per Employee
N/A
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/zigman2/quotes/201002551/delayed
US : U.S.: OTC
$ 0.71
-0.02 -2.80%
Volume: 130,466
Feb. 27, 2020 2:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$139.23 million
Rev. per Employee
N/A
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/zigman2/quotes/207845920/delayed
CA : Canadian Securities Exchange
$ 2.61
-0.22 -7.77%
Volume: 83,801
Feb. 27, 2020 2:11p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$363.37 million
Rev. per Employee
N/A
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/zigman2/quotes/202205609/delayed
CA : Canada: Toronto
$ 25.44
-0.96 -3.64%
Volume: 2.43M
Feb. 27, 2020 1:29p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$9.23 billion
Rev. per Employee
$150,142
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/zigman2/quotes/200603886/composite
US : U.S.: NYSE
$ 18.72
-1.11 -5.58%
Volume: 5.82M
Feb. 27, 2020 3:03p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$6.93 billion
Rev. per Employee
$115,039
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