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RIV Capital Inc Ordinary Shares (Sub Voting) (OTC:CNPOF) Stock, Option Chain

RIV Capital

FLUENT CoralGables copy

Cannabis

News

Retail Sales

CNPOF

CNTMF

CSE:RIV

CSE:TIUM

FLUENT and RIV Capital complete a merger, creating a well-positioned cannabis operator with a strong balance sheet and strategic footprint.

Cansortium Completes RIV Capital Acquisition, Adding New York Retail, Wholesale, Cannabis Cultivation Operations

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Earnings

RIV Capital Inc. (CSE: RIV) (OTC: CNPOF) reported on Friday its third quarter results for the three months ended Sept. 30, revealing a 28% sequential and 186% increase year-over-year in net revenue to $4.9 million.Out of that sum, retail revenue accounted for $3.4 million, up from $1.5 million in the third quarter, reflecting strong growth from adult-use dispensaries in New York. Wholesale revenue surged to $1.6 million, up from $0.3 million over the same period, the company said in a press release.

Cannabis-Focused RIV Capital Reports 186% YoY Surge In Q3 Revenue Ahead Of Major Merger That Will Cover 25% Of US Population

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Financing

CSE:GTII

GTBIF

GTII

Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) announced on Tuesday that it has secured a new senior secured credit agreement of up to $96.5 million with Chicago Atlantic Admin, LLC, as an administrative agent for certain lenders.The Tampa, Florida-based vertically integrated cannabis company operating under the FLUENT brand, said the credit agreement includes a 12% cash interest rate and 1% paid-in-kind interest annually. It matures on November 26, 2028, with no material debt maturities until then. &#34;We are excited to announce the successful completion of our senior secured refinancing,&#34; Robert Beasley, CEO of Cansortium, said. &#34;The loan&#39;s favorable interest rate and single financial covenant underscore our strong financial standing, while its non-dilutive structure - free of equity or warrants – preserves shareholder value.&#34;

Cannabis Co. Cansortium Refinances Debt With $96.5M Loan Ahead Of Major Merger And Next Phase Of Growth

RIV Capital Inc Ordinary Shares (Sub Voting)

Small Cap

Press Releases

RIV Capital and Etain Open Second Adult-Use Location in New York

RIV Capital Appoints David E Vautrin to Interim CEO

RIV Capital and Cansortium Celebrate the Successful Launch of MOODS in New York

RIV Capital and Etain Commence Adult-Use Sales at Kingston Dispensary

RIV Capital and Cansortium Receive New York State Cannabis Control Board Approval for Change of Control

RIV Capital Establishes Distribution Partnership with Nabis

RIV Capital Provides Update on Revenue Performance and Synergy Realization Ahead of Anticipated Business Combination

Cansortium Inc. Completes New Senior Secured Credit Agreement Ahead of Planned Business Combination Closing with RIV Capital

RIV Capital Reports Financial Results for the Third Quarter Ended September 30, 2024

FLUENT Completes Acquisition of RIV Capital, Adding New York Retail, Wholesale and Cultivation Operations to its Multi-State Footprint

CSE:TIUM-U

CSE:TIUM.U

Comments

RIV Capital Inc Ordinary Shares (Sub Voting)

RIV Capital Inc Ordinary Shares (Sub Voting) (CNPOF) Options

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