<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="TORONTO, Sept. 11, 2019 /PRNewswire/ – Canopy Rivers Inc. ("Canopy Rivers" or the "Company") (RIV.V) (CNPOF), a venture capital firm specializing in cannabis, is pleased to announce the formation of its Strategic Advisory Board, a group of respected business leaders that will provide guidance to Canopy Rivers’ executive team as it continues to build and strengthen the Company’s global portfolio of leading cannabis companies.” data-reactid=”11″>TORONTO, Sept. 11, 2019 /PRNewswire/ – Canopy Rivers Inc. (“Canopy Rivers” or the “Company“) (RIV.V) (CNPOF), a venture capital firm specializing in cannabis, is pleased to announce the formation of its Strategic Advisory Board, a group of respected business leaders that will provide guidance to Canopy Rivers’ executive team as it continues to build and strengthen the Company’s global portfolio of leading cannabis companies.
“We have assembled a group of outstanding individuals with exceptional track records as leaders in their respective industries,” said Narbe Alexandrian, President and CEO of Canopy Rivers. “The Strategic Advisory Board will play an important role in providing guidance and insight to Canopy Rivers as we pursue our global growth strategy. Together, we look forward to building the cannabis industry of tomorrow, today.”
Inaugural members of Canopy Rivers’ Strategic Advisory Board include:
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="John Ruffolo – Mr. Ruffolo is the Co-founder and Vice Chair of the Council of Canadian Innovators. Mr. Ruffolo founded OMERS Ventures and also formed Platform Investments, OMERS’ innovation arm, where he led investments in Purpose Financial, PointNorth Capital, District Ventures, OneEleven and ArcTern Ventures. He sits on several boards, including Ether Capital, Ontario Centres of Excellence, and the Royal Ontario Museum.” data-reactid=”14″>John Ruffolo – Mr. Ruffolo is the Co-founder and Vice Chair of the Council of Canadian Innovators. Mr. Ruffolo founded OMERS Ventures and also formed Platform Investments, OMERS’ innovation arm, where he led investments in Purpose Financial, PointNorth Capital, District Ventures, OneEleven and ArcTern Ventures. He sits on several boards, including Ether Capital, Ontario Centres of Excellence, and the Royal Ontario Museum.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Meg Lovell – Ms. Lovell served as Co-Head of M&A and as Corporate and Commercial Counsel at Imperial Brands PLC, a global consumer goods company with a portfolio of next-generation and tobacco products. During her time at Imperial Brands, Ms. Lovell led a number of strategic transactions with a particular focus on Imperial Brands’ next-generation product portfolio, in addition to advising on an extensive range of matters across the organization. Prior to joining Imperial Brands, Ms. Lovell was an Associate at Slaughter and May, a leading multinational law firm.” data-reactid=”15″>Meg Lovell – Ms. Lovell served as Co-Head of M&A and as Corporate and Commercial Counsel at Imperial Brands PLC, a global consumer goods company with a portfolio of next-generation and tobacco products. During her time at Imperial Brands, Ms. Lovell led a number of strategic transactions with a particular focus on Imperial Brands’ next-generation product portfolio, in addition to advising on an extensive range of matters across the organization. Prior to joining Imperial Brands, Ms. Lovell was an Associate at Slaughter and May, a leading multinational law firm.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Philip Donne – Mr. Donne is a board advisor for several companies including Greenhouse Juice, Longo’s, Nature’s Path Foods, and Valens. He is the former President of Campbell Canada, the former President and CEO of Kellogg Canada, and the former President of Cossette’s Toronto office and Co-President of the agency’s Montreal Office. An award-winning marketing strategist, Mr. Donne received the Gold Medal Award from the Association of Canadian Advertisers and a Golden Pencil Award for his contributions to the Canadian food industry.” data-reactid=”16″>Philip Donne – Mr. Donne is a board advisor for several companies including Greenhouse Juice, Longo’s, Nature’s Path Foods, and Valens. He is the former President of Campbell Canada, the former President and CEO of Kellogg Canada, and the former President of Cossette’s Toronto office and Co-President of the agency’s Montreal Office. An award-winning marketing strategist, Mr. Donne received the Gold Medal Award from the Association of Canadian Advertisers and a Golden Pencil Award for his contributions to the Canadian food industry.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Canopy Rivers would also like to announce that Daniel Pearlstein, EVP, Strategy, is no longer with the Company. The Company would like to thank Mr. Pearlstein for his contributions to the Company and wishes him well with his future endeavors.” data-reactid=”17″>Canopy Rivers would also like to announce that Daniel Pearlstein, EVP, Strategy, is no longer with the Company. The Company would like to thank Mr. Pearlstein for his contributions to the Company and wishes him well with his future endeavors.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="About Canopy Rivers:” data-reactid=”18″>About Canopy Rivers:
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Canopy Rivers is 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.” data-reactid=”19″>Canopy Rivers is 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.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Forward-Looking Statements” data-reactid=”20″>Forward-Looking Statements
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="This news release contains statements which constitute "forward-looking information" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of Canopy Rivers with respect to future business activities and operating performance. Forward-looking information is often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions and includes information regarding: the role of the Company’s Strategic Advisory Board; the Company’s future plans and global growth strategy; and expectations for other economic, business, and/or competitive factors.” data-reactid=”21″>This news release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of Canopy Rivers with respect to future business activities and operating performance. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions and includes information regarding: the role of the Company’s Strategic Advisory Board; the Company’s future plans and global growth strategy; and expectations for other economic, business, and/or competitive factors.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although Canopy Rivers has attempted to identify important risks, uncertainties and factors that could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. Canopy Rivers does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.” data-reactid=”27″>Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although Canopy Rivers has attempted to identify important risks, uncertainties and factors that could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. Canopy Rivers does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="View original content to download multimedia:http://www.prnewswire.com/news-releases/canopy-rivers-launches-strategic-advisory-board-300915806.html” data-reactid=”39″>View original content to download multimedia:http://www.prnewswire.com/news-releases/canopy-rivers-launches-strategic-advisory-board-300915806.html
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