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Investor Ideas Potcasts, Cannabis News and Stocks on the Move: Interview with Narbe Alexandrian, President and CEO of Canopy Rivers (TSXV: $RIV.V) (OTC: $CNPOF)




(MENAFN - Investor Ideas) Investor Ideas Potcasts, Cannabis News and Stocks on the Move: Interview with Narbe Alexandrian, President and CEO of Canopy Rivers (TSXV: $RIV.V) (OTC: $CNPOF)

 


Delta, Kelowna, BC - August 19, 2019 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks and its potcast site,www.potcasts.carelease today's edition of Investorideas.com potcastsCM - cannabis news and stocks to watch plus insight from thought leaders and experts.


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Investor Ideas Potcasts, #Cannabis News and Stocks on the Move: Interview with Narbe Alexandrian, President and CEO of Canopy Rivers (TSXV: $RIV.V)

Hear Investor ideas cannabis potcast on iTunes

In today's podcast we look at a few early announcements.

In today's podcast I interview Narbe Alexandrian, President and CEO of Canopy Rivers ( TSXV: RIV ) ( OTC: CNPOF ), where we discussed industry trends as well as Canopy Rivers'recent newsregarding TerrAscend and JWC and the company'suplisting on to the TSX .

Canopy Riversis a unique investment and operating platform structured to pursue investment opportunities in the emerging global cannabis sector. Canopy Rivers identifies strategic counterparties seeking financial and/or operating support. Canopy Rivers has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the emerging cannabis sector. As the portfolio continues to develop, constituents will be provided with opportunities to work with Canopy Growth Corporation ( TSX: WEED ) ( NYSE: CGC ) and collaborate among themselves, which Canopy Rivers believes will maximize value for its shareholders and foster an environment of innovation, synergy and value creation for the entire ecosystem.

Could you talk about the recent purchase and supply agreement between TerrAscend and JWC and how this demonstrates the value of the Canopy Rivers ecosystem?

"Our thesis is that vertical integration doesn't work. It doesn't work because government's are forcing companies to vertically integrate, but it's not their actual choice to do so. When you force an industry to vertically integrate, what you find is a lot of inefficiencies get created. Some companies are great farmers, some are greta brand builders, but seldom do you see companies that can do both things very well. The exception would be Canopy Growth, because you can do a lot with 4 billion dollars, but those other companies are spreading their resources too thin. When you look at JWC, one of the things that they're very good at, is their aeroponic cultivation. This leads to clean, consistent, high quality product for the end consumer. On the TerrAscend side, you have a pharmaceutical focussed processing, retail and distribution operator, and they're the only company selling in Canada, Europe and the U.S. When you put these two together you get the best of breeds. You create a synthetic best of breeds producer."

Narbe went on to discuss the different trends he and the Canopy Rivers team have noticed in the market so far with regards to biosynthesis, brand building and moving in to legalization 2.0 in the Canadian market.

Canopy Rivers Inc.will reportits first quarter fiscal year 2020 financial results before the markets open on Tuesday, August 27, 2019. The Company's unaudited condensed interim financial statements and Management's Discussion and Analysis for the three months ended June 30, 2019 will be available on the Company's profile on the System for Electronic Document Analysis and Retrieval atwww.sedar.comand on the Company's website atwww.canopyrivers.com/investors/financials-and-public-filings .

Canopy Riversalso announcedthat it has received conditional approval from the Toronto Stock Exchange to graduate from the TSX Venture Exchange and list its class A subordinated voting shares on the TSX.


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Investor Ideas Potcasts, Cannabis News and Stocks on the Move: Interview with Narbe Alexandrian, President and CEO of Canopy Rivers (TSXV: $RIV.V) (OTC: $CNPOF)

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