NetworkNewsBreaks – Canopy Rivers Inc.’s (TSX.
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Posted On: 08/06/2019 4:12:17 PM
NetworkNewsBreaks – Canopy Rivers Inc.’s (TSX.V: RIV) (OTC: CNPOF) TerrAscend to Acquire Vertically-Integrated Cannabis Cultivator, Processor and Dispensary Operator
Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) this morning announced that its portfolio company, TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), has entered a definitive agreement to acquire Ilera Healthcare, a vertically-integrated cannabis cultivator, processor, and dispensary operator in Pennsylvania. Per the update, TerrAscend’s acquisition of Ilera’s state-of-the-art, fully integrated seed-to-sale operations adds to its growing global footprint, which currently spans multiple U.S. states, Canada and the European Union. “TerrAscend’s rapid expansion in the U.S. has been driven by strategic, accretive acquisitions of quality operators with strong track records of success,” Canopy Rivers President and CEO Narbe Alexandrian said in the news release. “We view the Ilera acquisition as another important step by TerrAscend as it grows its revenue-generating operations, expands its U.S. footprint in new states, and continues to scale its global business operations.”
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 Inc. (TSX.V: RIV) (OTC: CNPOF) this morning announced that its portfolio company, TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), has entered a definitive agreement to acquire Ilera Healthcare, a vertically-integrated cannabis cultivator, processor, and dispensary operator in Pennsylvania. Per the update, TerrAscend’s acquisition of Ilera’s state-of-the-art, fully integrated seed-to-sale operations adds to its growing global footprint, which currently spans multiple U.S. states, Canada and the European Union. “TerrAscend’s rapid expansion in the U.S. has been driven by strategic, accretive acquisitions of quality operators with strong track records of success,” Canopy Rivers President and CEO Narbe Alexandrian said in the news release. “We view the Ilera acquisition as another important step by TerrAscend as it grows its revenue-generating operations, expands its U.S. footprint in new states, and continues to scale its global business operations.”
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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