RIV CAP INC - CNPOF STOCK NEWS

Welcome to our dedicated page for RIV CAP news (Ticker: CNPOF), a resource for investors and traders seeking the latest updates and insights on RIV CAP stock.

RIV Capital Inc. (CNPOF) is an acquisition and investment firm focused on building a leading multistate platform with a strong portfolio of cannabis brands in key U.S. markets. With in-house expertise, RIV Capital aims to grow its brands and partner with established operators, such as Etain, to expand market share and introduce new brands.

The company recently announced the opening of Etain's first co-located adult-use and medical dispensary in White Plains, NY. The acquisition of Etain and its strategic relationship with The Hawthorne Collective positions RIV Capital to capitalize on the growing U.S. cannabis market.

11/15/2023 05:01 PM

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RIV Capital Sets Date for Financial Results for the Fiscal Quarter Ended September 30, 2023

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RIV Capital Inc. (CSE: RIV) (OTC: CNPOF) will report its financial results for the three and six months ended September 30, 2023, before markets open on Wednesday, November 29, 2023. The company's fiscal year end has changed from March 31st to December 31st, resulting in a total of nine months for the current fiscal year. Details on the change in fiscal year end are available in the Company's Notice of Change in Year End filed on the Company's SEDAR+ profile. The unaudited condensed interim consolidated financial statements and management's discussion and analysis for the quarter will be accessible on the Company's profile on SEDAR+ and its website. An audio-only recording of RIV Capital's conference call will also be available on the Company's website.

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11/07/2023 05:01 PM

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RIV Capital Completes Expansion of New York Cultivation and Production Operations

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TORONTO: Recently completed expansion of Chestertown facility triples current cannabis production capacity, enhancing research and development capabilities to drive product innovation. The company is strongly positioned to become a leading supplier to the New York adult-use cannabis market.

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09/28/2023 05:00 PM

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RIV Capital Announces Results of Annual General and Special Meeting of Shareholders

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RIV Capital announced voting results of its Annual General and Special Meeting of shareholders. Shareholders voted in favor of all four items of business before the Meeting.

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08/28/2023 06:59 PM

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RIV Capital Reports Financial Results for the Three Months Ended June 30th, 2023

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RIV Capital Inc. reports $90.7 million in cash at period end and progress on facility expansions

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08/22/2023 07:00 AM

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RIV Capital Sets Date for Financial Results for the Three Months Ended June 30th, 2023

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RIV Capital to report Q1 financial results on August 28, 2023.

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08/01/2023 05:00 PM

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Etain Receives Regulatory Approval for Flagship Facility in Buffalo, New York

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06/14/2023 08:04 PM

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RIV Capital Reports Fourth Quarter and Fiscal Year 2023 Financial Results

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06/08/2023 05:00 PM

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RIV Capital Sets Date for Fourth Quarter and Fiscal Year 2023 Financial Results

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05/12/2023 08:40 AM

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RIV Capital Provides Update on Revised New York Cannabis Market Draft Regulations and Operational Milestones

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03/01/2023 08:53 AM

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RIV Capital Reports Fiscal Third Quarter 2023 Financial Results

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RIV Capital announced significant executive changes, appointing Mike Totzke as interim CEO following Mark Sims's departure. The company is forming a Strategic Growth Committee to explore growth strategies, including potential M&A. For FQ3 2023, RIV reported $2.0 million in revenue, with $1.9 million net after excise taxes. Gross profit stood at $0.8 million, while net loss was $9.9 million, showing a rise in operational expenses to $4.8 million. The company holds a solid cash position of $125.6 million. Key initiatives in New York include infrastructure improvements and a revamped wholesale program to enhance growth opportunities.

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FAQ

What is the current stock price of RIV CAP (CNPOF)?

The current stock price of RIV CAP (CNPOF) is $0.08 as of December 19, 2024.

What is the market cap of RIV CAP (CNPOF)?

The market cap of RIV CAP (CNPOF) is approximately 14.7M.

What does RIV Capital Inc. focus on?

RIV Capital is an acquisition and investment firm that focuses on building a leading multistate platform with a strong portfolio of cannabis brands in key U.S. markets.

What recent announcement did RIV Capital make?

RIV Capital announced the opening of Etain's first co-located adult-use and medical dispensary in White Plains, NY.

How does RIV Capital plan to grow its brands?

RIV Capital aims to grow its brands by partnering with established U.S. cannabis operators and expanding market share.

What strategic relationship does RIV Capital have?

RIV Capital has a strategic relationship with The Hawthorne Collective, positioning it to capitalize on the growing U.S. cannabis market.

What sets RIV Capital apart in the cannabis industry?

RIV Capital's in-house expertise and partnerships with leading operators like Etain give it a competitive edge in the cannabis market.

What recent market developments has RIV Capital responded to?

RIV Capital has responded to positive changes in the tax structure for cannabis operators in New York and the potential rescheduling of cannabis under the Controlled Substances Act.