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Benzinga
Benzinga
Business
Maureen Meehan

Riv Capital Acquires Non-Reg Portion Of Etain, NY's Only Women-Owned & Operated Cannabis Company

RIV Capital Etain NY

RIV Capital Inc. (CSE:RIV) (OTC:CNPOF) has completed the initial closing of a previously announced transaction involving Etain, LLC and Etain IP LLC, owners and operators of licensed cannabis cultivation and retail dispensaries in New York.

RIV Capital is acquiring the non-regulated portion of Etain, LLC and Etain IP for approximately $198 million through a combination of cash and newly issued Class A common shares of RIV Capital. 

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