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RIV Capital and Cansortium Seal Business Combination Deal

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RIV Capital and Cansortium Seal Business Combination Deal

RIV Capital (TSE:RIV) has released an update.

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RIV Capital, an acquisition and investment firm, has successfully obtained approval from its shareholders for a strategic business combination with Cansortium Inc., a leading multi-state cannabis operator. Cansortium’s shareholders have also consented to an amendment proposal related to the business merger, facilitating the creation of a new class of non-voting exchangeable shares.

For further insights into TSE:RIV stock, check out TipRanks’ Stock Analysis page.

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