RIV Capital Inc.
(TSX:RIV) (OTCQX: CNPOF) posted its latest financial earnings report on Thursday, touting a pop in total comprehensive income that hit CA$64.8 million ($53.7 million) in the fourth quarter of 2021.
With a portfolio of 12 cannabis companies, the Toronto-based company reported a strong balance sheet, with roughly CA$335.4 million in total assets.
In February, RIV Capital closed its previously announced deal with Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) to dispose of certain financial assets it held in TerrAscend Corp.(CSE:TER) (OTCQX:TRSSF), TerrAscend Canada Inc., The Tweed Tree Lot Inc., and Les Serres Vert Cannabis Inc.
In return, the company received $118.4 million in cash, roughly 3.65 million common shares of Canopy Growth and the cancellation of multiple voting shares and subordinated voting shares of the company that Canopy Growth held.
/PRNewswire/ - RIV Capital Inc. (the "Company" or "RIV Capital") (TSX: RIV) (OTC: CNPOF) will report its financial results for the fourth quarter and fiscal.
Canopy Rivers Sets Filing Date For Q3 Fiscal Year 2021 Financial Results
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Canopy Rivers or the
Company ) (TSX: RIV) (OTC: CNPOF) will report its third quarter fiscal year 2021 financial results before markets open on February 10, 2021. The Company s unaudited condensed interim consolidated financial statements and management s discussion and analysis of financial results for the three and nine months ended December 31, 2020 will be available on the Company s profile on the System for Electronic Document Analysis and Retrieval (
SEDAR ) at www.sedar.com and on the Company s website at
Certain preliminary financial information pertaining to the Company may also be found in the financial results released by Canopy Growth Corporation (TSX: WEED,NYSE: CGC), which are currently scheduled to be released on February 9, 2021.