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Cannabis-Focused RIV Capital Reports 186% YoY Surge In Q3 Revenue Ahead Of Major Merger That Will Cover 25% Of US Population
Friday, November 29, 2024 - 10:26am | 587RIV Capital Inc. (CSE:RIV) (OTC:CNPOF) reported on Friday its third quarter results for the three months ended Sept. 30, revealing a 28% sequential, and 186% year-over-year, increase in net revenue to $4.9 million. Out of that sum, retail revenue accounted for $3.4 million, up from $1.5 million in...
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Cannabis Co. Cansortium Refinances Debt With $96.5M Loan Ahead Of Major Merger And Next Phase Of Growth
Wednesday, November 27, 2024 - 10:42am | 664Cansortium Inc. (CSE:TIUM) (OTCQB:CNTMF) announced on Tuesday that it has secured a new senior secured credit agreement of up to $96.5 million with Chicago Atlantic Admin, LLC, as an administrative agent for certain lenders. The Tampa, Florida-based vertically integrated cannabis company operating...
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Here's Where To Buy Legal Weed: Seven States Open New Cannabis Dispensaries
Monday, February 26, 2024 - 11:15am | 852The latest round of dispensary openings is a testament to the ever-growing cannabis revolution nationwide. This week, we report on seven states that have new cannabis retail locations. Texas And New York Welcome Two New Cannabis Shops Starting with Texas, Right on Brands, Inc.'s (OTC:RTON) 10th...
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New York Will Get 12 New Weed Dispensaries, Ending 2023 With More Than 35 Adult-Use Stores Open
Friday, December 15, 2023 - 1:54pm | 718New York Governor Kathy Hochul has revealed plans for the launch of a dozen additional dispensaries selling recreational cannabis, spanning from Brooklyn to Buffalo. As December comes to a close, the Empire State is expecting to have at least 37 adult-use dispensaries up and running. "As New York...
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These Companies Are Taking Center Stage As New York Cannabis Scene Expands
Monday, December 11, 2023 - 11:32am | 573'New York is going to rapidly become the largest cannabis market in the country,' say cannabis companies getting ready to jump in. The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP), formerly Columbia Care, was approved Friday by the New York Office of Cannabis Management (...
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Cannabis + Creativity: New Documentary Explores Plant's Influence On Artists
Friday, October 20, 2023 - 2:52pm | 406The link between cannabis and creativity is explored in the recently released short documentary, "Cannabis + Creativity." Featuring Sam Jones, Miyabe Shields, Treya Lam, Chef Ali, Kaya Nicole and Jasmine Mans, the film was executively produced by Etain and Dr. Nancy B. Austin. Elana...
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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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EXCLUSIVE: Cannabis Startup Secures $2.5M For AI-Powered Recruitment Software
Thursday, April 6, 2023 - 8:00am | 447Engin Sciences Inc., an AI-powered recruitment software startup announced Thursday that it had secured a $2.5 million seed funding round led by investment firm Gotham Green Partners. Why It Matters With this capital, Engin plans to ramp up sales and marketing efforts targeting enterprise...
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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 Q2 2023 Revenue Grows 46% Sequentially, What About Net Loss?
Tuesday, November 29, 2022 - 11:03am | 1028RIV Capital Inc. (OTCPK:CNPOF) (CSE:RIV) released its financial results for the three and six months ended September 30, 2022, revealing revenue, net of excise taxes, of $1.9 million, a 46% increase compared to $1.3 million for the previous quarter. (The company did not report revenue for any...
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New York Cannabis Control Board Approves Change Of Control Of Etain's Vertically Integrated License
Monday, November 21, 2022 - 5:11pm | 639RIV Capital Inc. (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm announced Monday that the New York State Cannabis Control Board ("CCB") and the New York State Office of Cannabis Management ("OCM") approved Etain, LLC's ("Etain") change of...
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RIV Capital Reports First Revenue From Etain Acquisition, Cuts Net Loss By 85%
Tuesday, August 30, 2022 - 9:20am | 1088RIV Capital Inc. (OTCPK:CNPOF) (CSE:RIV), released its financial results for the three months ended June 30, 2022, revealing revenue, net of excise taxes, of $1.3 million. The company did not report revenue for any reporting periods ended on or prior to March 31, 2022. Q1 2023 Highlights Retail...
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RIV Capital Signs Lease For Cannabis Facility In Buffalo, NY, Here Is What You Need To Know
Wednesday, August 24, 2022 - 9:02am | 477RIV Capital Inc. (OTCPK:CNPOF) (CSE: RIV) acting through its wholly owned indirect subsidiary, RIV Capital US Real Estate LLC, and Etain, LLC revealed that RIV Capital has entered into a lease agreement with Zephyr, a California-based developer, for the development and operation of a planned new...
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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...
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Riv Capital Is Being Sued By JW Asset Management, Here Are The Details
Tuesday, May 24, 2022 - 1:14pm | 465RIV Capital Inc. (OTCPK: CNPOF) (CSE: RIV) received notice of an Ontario Superior Court of Justice application by JW Asset Management in connection with the company's process regarding its acquisition of ownership and control of Etain, LLC and Etain IP LLC, owners and operators of legally...