One of the country’s largest cannabis growers is looking to invest up to $1 million in startups within the budding industry.
Ottawa-area pot producer Canopy Growth and its investment affiliate, Canopy Rivers, are hosting a pitch day next month at the International Cannabis Business Conference in Vancouver.
The Smiths Falls-based firm is looking to invest seed capital in up-and-coming cannabis entrepreneurs, such as micro-growers, retailers, hemp producers and operators of lab-testing facilities who plan to seek the appropriate Health Canada licence.
(Sponsored)
How Westboro’s female entrepreneurs are making it an attractive destination to live, work and play
When fitness guru Amber Stratton opened the first Pure Yoga studio in Ottawa in 2012, Westboro was her first choice. “The space we found was a really good starting point
Local businesses face hiring obstacles due to immigration pullback, flawed screening
In his 39 years of practicing immigration law, Warren Creates (a rare Law Society Certified Specialist) has never seen an environment so challenging for employers looking to hire workers from
Canopy Rivers was formed in April 2017 and raised $26 million, including $5.14 million from Canopy Growth, this past January.
It says it holds a diversified portfolio of cannabis investments that includes a mix of equity, debt, royalty and profit-sharing agreements with licensed producers and pharmaceutical formulators as well as technology and media platforms.
In April, Canopy Rivers invested $5 million in New Brunswick-based cannabis media platform Civilized.
