Riv Capital Announces Receipt Of Application In Connection With Etain Acquisition
05/24/22, 12:08 PM
Location
torontoIndustry
finance
RIV Capital Inc. (CSE: RIV) (OTC: CNPOF) ("RIV Capital" or the "Company") today announced that it had received notice of an Ontario Superior Court of Justice application by JW Asset Management ("JWAM") 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 licensed cannabis cultivation and retail dispensaries in the state of New York (the "Etain Acquisition").
Company Info
Location
Toronto, Ontario, Canada
Company info
RIV Capital is an acquisition and investment firm with a focus on building a leading multistate platform with one of the strongest portfolios of cannabis brands in key strategic U.S. markets. Backed by in-house expertise and cannabis domain knowledge, RIV Capital aims to grow its own brands and partner with established U.S. cannabis operators and brands to bring them to new markets and build market share. RIV Capital established the foundational building blocks of its active U.S. strategy with the announced Etain Acquisition. Through its strategic relationship with The Hawthorne Collective, a subsidiary of The ScottsMiracle-Gro Company, RIV Capital is The Hawthorne Collective’s preferred vehicle for cannabis-related investments not under the purview of other ScottsMiracle-Gro subsidiaries.