NetworkNewsBreaks – Canopy Rivers Inc. (TSX.V: R
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Posted On: 06/19/2019 5:09:06 PM
NetworkNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Invests $10M in California-Based Plant Science Innovator ZeaKal
Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) this morning announced an investment and strategic collaboration with ZeaKal, Inc., a California-based plant science innovator with proprietary technologies that sustainably increase photosynthesis, improve plant yield and enhance nutritional profiles for a variety of agricultural crops. Canopy Rivers’ investment marks another significant corporate milestone for ZeaKal, following February’s announcement of its R&D collaboration with the agricultural science division of DowDuPont. “Our investment in ZeaKal, the fifth consecutive international transaction for Canopy Rivers, builds on our thesis of selecting globally scalable and innovative processes, products, and technologies from complementary industries, and applying them to the cannabis and hemp economy,” Canopy Rivers Director of Business Development Mary Dimou said in the news release. “Plant sciences is a mostly overlooked but absolutely critical segment of the cannabis and hemp value chain, and we are seeking to address this gap with this investment. ZeaKal’s technology has already realized success across a number of crops during field trials, and these are crops that have been commercialized for decades. The application of this innovative technology throughout the Canopy Rivers portfolio and the cannabis and hemp industry at large could be a game changer.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) this morning announced an investment and strategic collaboration with ZeaKal, Inc., a California-based plant science innovator with proprietary technologies that sustainably increase photosynthesis, improve plant yield and enhance nutritional profiles for a variety of agricultural crops. Canopy Rivers’ investment marks another significant corporate milestone for ZeaKal, following February’s announcement of its R&D collaboration with the agricultural science division of DowDuPont. “Our investment in ZeaKal, the fifth consecutive international transaction for Canopy Rivers, builds on our thesis of selecting globally scalable and innovative processes, products, and technologies from complementary industries, and applying them to the cannabis and hemp economy,” Canopy Rivers Director of Business Development Mary Dimou said in the news release. “Plant sciences is a mostly overlooked but absolutely critical segment of the cannabis and hemp value chain, and we are seeking to address this gap with this investment. ZeaKal’s technology has already realized success across a number of crops during field trials, and these are crops that have been commercialized for decades. The application of this innovative technology throughout the Canopy Rivers portfolio and the cannabis and hemp industry at large could be a game changer.”
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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