RIV Capital Inc. (CSE: RIV)

Canada flag Canada · Delayed Price · Currency is CAD
1.460
-0.140 (-8.75%)
Sep 25, 2024, 5:17 PM EDT
69.77%
Market Cap 29.35M
Revenue (ttm) 13.43M
Net Income (ttm) -89.90M
Shares Out 136.50M
EPS (ttm) -0.70
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 310,696
Open 1.590
Previous Close 1.600
Day's Range 1.420 - 1.590
52-Week Range 0.650 - 3.600
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Aug 28, 2024

About RIV Capital

RIV Capital Inc., formerly known as Canopy Rivers Inc., is a venture capital firm. The firm is a stage agnostic, with seed to sale, although it prefers to invest in series A to C rounds. It prefers to make investments in cannabis sector with focus on burgeoning marijuana companies and sectors like agriculture and food sciences, production, processing, pharmaceuticals and biotechnology, software and data, hardware, consumer products and accessories, wellness products, retail and distribution, and media and content. The firm also focuses on bever... [Read more]

Sector Healthcare
Founded 2017
Country Canada
Stock Exchange Canadian Securities Exchange
Ticker Symbol RIV
Full Company Profile

Financial Performance

In 2023, RIV Capital's revenue was $7.40 million, an increase of 8.67% compared to the previous year's $6.81 million. Losses were -$85.13 million, -52.51% less than in 2022.

Financial numbers in USD Financial Statements

News

Bullish Wednesday For Marijuana Stocks - Australis Capital, Leafbuyer Techs Among Top Gainers

GAINERS: Australis Capital (OTC: AUSAF) shares closed up 1009900.00% at $0.01 Global Compliance (OTC: FUAPF) shares closed up 44.00% at $0.00 Pharmadrug (OTC: LMLLF) shares closed up 30.25% at $0.0...

8 days ago - Benzinga

Marijuana Stock Movers For September 17, 2024

GAINERS: Leafbuyer Techs (OTC: LBUY) shares closed up 2283.33% at $0.01 Nextleaf Solutions (OTC: OILFF) shares closed up 13.70% at $0.06 Target Group (OTC: CBDY) shares closed up 10.00% at $0.00 19...

9 days ago - Benzinga

Riv Capital And Cansortium Shareholders Approve Merger: Combined Weed Company Will Operate In Four Major US States

RIV Capital Inc. (CSE: RIV) (OTC: CNPOF) confirmed that holders of its Class A shares have voted in favor of the previously announced merger with Cansortium Inc. (CSE: TIUM) (OTCQB: CNTMF) at the ...

4 weeks ago - Benzinga

RIV Capital's 111% Revenue Surge Amid NY Expansion, Prepares For Major Merger With Cansortium Cannabis Co.

RIV Capital Inc. (CSE: RIV) (OTC: CNPOF) reported on Wednesday financial results for the second quarter, a three-month period ended June 30, 2024. Mike Totzke , the company's COO and interim CEO, pr...

4 weeks ago - Benzinga

RIV Capital's revenue more than doubles as New York cannabis market gears up

RIV Capital Inc. reported a narrower loss and more than double its quarterly revenue on Wednesday as the cannabis company looked to scale up its Etain dispensaries in New York.

4 weeks ago - Market Watch

RIV Capital Reports Financial Results for the Second Quarter Ended June 30, 2024

Company reports quarterly revenue of $3.8 million, up 112% year-over-year and 77% quarter-over-quarter  On track to complete business combination with Cansortium later this year, which will leverage R...

4 weeks ago - PRNewsWire

RIV Capital Announces Shareholder Approval of Business Combination with Cansortium and Cansortium Announces Shareholder Approval of the Amendment Proposal

TORONTO , Aug. 27, 2024 /PRNewswire/ - RIV Capital Inc. ("RIV Capital") (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm with a focus on building a leading multistate platform with one of t...

4 weeks ago - PRNewsWire

Cannabis Stock Gainers And Losers From August 23, 2024

GAINERS: CordovaCann (OTC: LVRLF) shares closed up 55.80% at $0.11 EnWave (OTC: NWVCF) shares closed up 21.98% at $0.16 1933 Industries (OTC: TGIFF) shares closed up 21.95% at $0.01 Rocky Mountain ...

4 weeks ago - Benzinga

Florida Cannabis Operator Cansortium Posts 12% Revenue Surge, Prepares For Big Merger Amid Heated Price War

Cansortium Inc. (CSE: TIUM) (OTCQB: CNTMF), operating under the FLUENT brand, reported Thursday its financial results for the second quarter ended June 30, 2023. The Tampa, Florida-based cannabis op...

4 weeks ago - Benzinga

RIV Capital sets date for financial results for second quarter ended June 30, 2024

TORONTO , Aug. 21, 2024 /PRNewswire/ - RIV Capital Inc. ("RIV Capital" or the "Company") (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm with a focus on building a leading multistate platf...

5 weeks ago - PRNewsWire

RIV Capital and Cansortium Inc. Provide Integration Update Ahead of Completing Merger

Encourages Shareholders to Vote Well in Advance of the Proxy Deadline of 9:30 a.m. (Eastern time) on August 23, 2024 TORONTO , Aug. 19, 2024 /PRNewswire/ - August 19, 2024 - RIV Capital Inc. ("RIV Cap...

5 weeks ago - PRNewsWire

Bullish Friday For Marijuana Stocks - Australis Capital, Green Growth Brands Among Top Gainers

GAINERS: Australis Capital (OTC: AUSAF) shares closed up 9900.00% at $0.0001 Pharmadrug (OTC: LMLLF) shares closed up 24.12% at $0.01 Body and Mind (OTC: BMMJ) shares closed up 22.53% at $0.03 1933...

5 weeks ago - Benzinga

Marijuana Stock Movers For August 2, 2024

GAINERS: CordovaCann (OTC: LVRLF) shares closed up 25.22% at $0.06 CNBX Pharmaceuticals (OTC: CNBX) shares closed up 25.00% at $0.01 Urban-gro (NASDAQ: UGRO) shares closed up 11.54% at $1.29 Zelira...

7 weeks ago - Benzinga

Cannabis Stock Movers For July 29, 2024

GAINERS: RIV Capital (OTC: CNPOF) shares closed up 48.61% at $0.11 Cipher Pharmaceuticals (OTC: CPHRF) shares closed up 19.97% at $7.45 Kaya Holdings (OTC: KAYS) shares closed up 17.41% at $0.05 Ca...

2 months ago - Benzinga

RIV Capital Strengthens Senior Leadership Team Ahead of Anticipated Transformational Merger with Cansortium Inc.

Appoints Experienced New York and California Cannabis Executive, David Vautrin as Chief Retail Officer to Lead Retail Platform TORONTO , June 25, 2024 /PRNewswire/ - RIV Capital Inc. ("RIV Capital" or...

3 months ago - PRNewsWire

RIV Capital Reports Financial Results for the First Quarter Ended March 31, 2024

Successfully opened first adult-use dispensary in White Plains, New York Ended the quarter with $65.9 million of cash to support growth strategy in New York and other initiatives in connection with pr...

4 months ago - PRNewsWire

Cansortium and RIV Capital Announce Business Combination

Combined Company's footprint will provide access to Florida, New York, Texas, and Pennsylvania, with significant growth potential and future regulatory catalysts in all four states Combined Company ex...

4 months ago - PRNewsWire

Scotts Miracle-Gro's RIV Capital to merge with Cansortium in cannabis tie-up

Florida-based Cansortium Inc. said Thursday it agreed to acquire RIV Capital Inc. in an all-stock cannabis company deal that will eliminate $175 million in debt by RIV Capital owner Scotts Miracle-Gro...

4 months ago - Market Watch

RIV Capital Applauds Reports that DEA Plans to Reschedule Cannabis

TORONTO , May 1, 2024 /PRNewswire/ - RIV Capital Inc. ("RIV Capital" or the "Company") (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm with a focus on building a leading multi-state platfo...

5 months ago - PRNewsWire

RIV Capital Inc. (CNPOF) Q4 2024 Earnings Call Transcript

RIV Capital Inc. (OTCPK:CNPOF) Q4 2024 Earnings Conference Call April 29, 2024 6:00 PM ET Company Participants Mike Totzke – Chief Operating Officer and Interim Chief Executive Officer Matt Mundy – Ch...

5 months ago - Seeking Alpha

RIV Capital Reports Financial Results for the Fiscal Quarter and Nine-Month Transition Period Ended December 31, 2023

Etain received New York Cannabis Control Board approval to commence adult-use operations in New York Ended the year with $81.9 million of cash to support operationalization of New York market and grow...

5 months ago - PRNewsWire

RIV Capital Sets Date for Financial Results for the Fiscal Quarter and Nine-Month Transition Year Ended December 31, 2023

TORONTO , April 22, 2024 /PRNewswire/ - RIV Capital Inc. ("RIV Capital" or the "Company") (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm with a focus on building a leading multistate plat...

5 months ago - PRNewsWire

RIV Capital and Etain Open First New York Adult-Use Dispensary in White Plains

White Plains opening will mark Etain's first adult-use retail dispensary The move relocates Etain's prior medical-only retail dispensary from Yonkers to White Plains; which marks an important step to ...

8 months ago - PRNewsWire

Etain Obtains Approval to Commence Sales to New York's Adult-Use Market

Receives state regulatory approval from the New York Cannabis Control Board to transition to adult-use operations TORONTO , Dec. 8, 2023 /PRNewswire/ - RIV Capital Inc. ("RIV Capital") (CSE: RIV) (OTC...

10 months ago - PRNewsWire

RIV Capital Inc. (CNPOF) Q3 2023 Earnings Call Transcript

RIV Capital Inc. (OTCPK:CNPOF) Q3 2023 Results Conference Call November 29, 2023 9:00 AM ET Company Participants Mike Totzke - Chief Operating Officer and Interim Chief Executive Officer Matt Mundy - ...

10 months ago - Seeking Alpha