NetworkNewsBreaks – Canopy Rivers Inc. (TSX.V: R
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Posted On: 04/16/2019 4:28:58 PM
NetworkNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Invests in High Beauty
Dynamic plant-based food and beverage company Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) this morning announced the completion of an investment in High Beauty, the creator of the cannabis beauty brand high. According to the update, the company has subscribed for $2.5 million of shares representing 18.4% of High Beauty on a fully diluted basis, including additional warrant coverage. “We have been actively pursuing opportunities in the health and beauty industry, guided by a growing consumer trend of brand new, innovative and functional beauty products. Enter high,” Canopy Rivers president Narbe Alexandrian stated in the news release. “Led by Melissa Jochim, a repeat entrepreneur, preeminent formulator and brand developer coming from the natural, organic segment of the beauty industry, high has already captured mindshare and awareness of consumers – it has all the makings to continue to be a prominent brand in the cannabis-infused beauty market.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Dynamic plant-based food and beverage company Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) this morning announced the completion of an investment in High Beauty, the creator of the cannabis beauty brand high. According to the update, the company has subscribed for $2.5 million of shares representing 18.4% of High Beauty on a fully diluted basis, including additional warrant coverage. “We have been actively pursuing opportunities in the health and beauty industry, guided by a growing consumer trend of brand new, innovative and functional beauty products. Enter high,” Canopy Rivers president Narbe Alexandrian stated in the news release. “Led by Melissa Jochim, a repeat entrepreneur, preeminent formulator and brand developer coming from the natural, organic segment of the beauty industry, high has already captured mindshare and awareness of consumers – it has all the makings to continue to be a prominent brand in the cannabis-infused beauty market.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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