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home / news releases / CNPOF - Canopy Rivers: Cash-Rich After Selling Its Crown Jewels

CNPOF - Canopy Rivers: Cash-Rich After Selling Its Crown Jewels

Canopy Rivers
  • Canopy Rivers agreed to divest its stake in TerrAscend, Tweed Tree Lot, and Vert Mirabel to Canopy Growth for $300M in total value.
  • Its investment track record is mixed, given its 20x return on the TerrAscend stake and a disastrous total wipe-out at PharmHouse.
  • The company is trading near our estimated NAV, and its future direction remains unclear after the asset sale to Canopy Growth.

For further details see:

Canopy Rivers: Cash-Rich After Selling Its Crown Jewels
Stock Information
Company Name: Canopy Rivers
Stock Symbol: CNPOF
Market: OTC
Website: rivcapital.com
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