Riv Capital To Acquire New York-Based Etain, Names New Ceo To Lead Entry And Expansion In U.S. Cannabis Market

Mar 30, 2022•over 3 years ago

Acquiring Company

RIV Capital

Acquired Company

Etain

TorontoFinance

Description

RIV Capital, Inc. (CSE: RIV) (OTC: CNPOF) ("RIV Capital") today announced a definitive agreement to acquire 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.

Company Information

Company

RIV Capital

Location

Toronto, Ontario, Canada

About

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.

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