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News: Canopy Rivers Reports Fourth Quarter and Financial Year 2019 Financial Highlights and Business Updates

Canopy Rivers Inc. (TSX-V: RIV) (OTC: CNPOF) at the moment revealed its monetary results for the three and twelve months ended March 31, 2019. Audited Consolidated Financial Statements 31.three. For the 12 months ended 2019, and its whole administration dialogue and evaluation (" MD&A ") for the three and twelve months ended March 31, 2019, are available within the firm's profile within the electronic doc analysis and retrieval system (" SEDAR ] ”) At www.sedar.com and on the company's web site at www.canopyrivers.com/financials. All monetary info on this press release is reported in Canadian Dollars until in any other case said.

“The year was full of milestones and remarkable achievements for Canopy Rivers,” stated Narbe Alexandrian, CEO of Canopy Rivers. “Our public trading and TSX Venture Exchange, eight new placements and landmark deliveries by certain portfolio companies, are strategically based on the growth of our investment for companies that believe in being cannabis leaders. do not. We are excited about the future as we continue to find, evaluate and invest in ways that broaden our footprints to new channels and markets worldwide, ultimately creating value for our shareholders, ”continued Alexandria. “With the positive stance of the world, the legalization of cannabis and the coming into force of legislation on food, extracts and topicality in the autumn will be optimistic about the growth potential of the cannabis industry in the coming years. ]

Fourth Quarter and Financial Year 2019 Financial Highlights:

Economic Highlights

(expressed in CDN $ 000, Excluding Equity Quantities)

31.3.

See.

31 Mar-18

Money

$

104,183

46,299

Complete Belongings

419,285

419,285

Debts

11 099

16,909

Complete equity

408 186

192 230

Three months
ended

31-March 19

Three months

31- Ma-18

Operating outcome

$

6,082

19,543

Working expenses [1965901] three] 7,512

2,384

Internet revenue (loss)

(1) 430)

17 159

Internet Revenue

(1,826)

14,590

Different comprehensive revenue (excl. Taxes)

22,418

28,893

Comprehensive Revenue

] 20 592

43 483

Primary Return (Loss) per Share (EPS)