Hence, forming a joint venture with another company is seen as a plausible solution.
V is pleased to announce it has, through its wholly-owned subsidiary Canopy Rivers Corporation, entered into an incremental funding agreement with its joint venture partner PharmHouse Inc. In connection with the Loan, the Company and the Joint Venture Partner have agreed to extend the scope of the existing global non-competition agreement to include additional rights in favour of the Company in the event the Joint Venture Partner commences operations in the U.
The non-competition agreement further aligns interests among the parties to pursue International joint venture cannabis opportunities together on a global scale.
In Maythe Company entered into a strategic joint venture with the Joint Venture Partner, a company formed by the leading principals and operators of a North American greenhouse produce conglomerate, to form PharmHouse.
The PharmHouse initial facility was constructed in using the latest in commercial agriculture technology and agronomic platforms. The facility is approximately 1.
About Canopy Rivers Inc.
Canopy Rivers is a unique investment and operating platform structured to pursue investment opportunities in the emerging global cannabis sector. Canopy Rivers has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the emerging cannabis sector.
As the portfolio continues to develop, constituents will be provided with opportunities to work with Canopy Growth and collaborate among themselves, which Canopy Rivers believes will maximize value for its shareholders and foster an environment of innovation, synergy and value creation for the entire ecosystem.
Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company.
Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended.
The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law. For further information, please contact:A Joint Venture (JV) is a cooperative enterprise entered into by two or more business entities for the purpose of a specific project or other business activity.
The reason for . 3 days ago · In May , the Company entered into a strategic joint venture with the Joint Venture Partner, a company formed by the leading principals and operators of . Template:Multiple issues International Joint Ventures (IJVs) are becoming increasingly popular in the business world as they aid companies to form strategic alliances.
These strategic alliances allow companies to gain competitive advantage through access to a partner’s resources, including. What is a 'Joint Venture - JV' A joint venture (JV) is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task.
This task. international joint venture transactions and suggests some ways to navigate the joint venture journey. This handbook is organized primarily in checklist, table and questionnaire format to assist users in gathering International Joint Ventures .
International joint venture eradicates the risk of discrimination. International joint ventures are very common nowadays. This is a great opportunity to cooperate with people from different countries and combine our strengths!