FinancialBuzz.com, a respected source in the financial news media space located on Wall Street, today announces an exclusive video interview with President and Chief Executive Officer, Narbe Alexandrian and Chief Financial Officer, Eddie Lucarelli of Canopy Rivers Inc. (TSX-V: RIV) (OTC: CNPOF) live on Wall Street.
Mr. Alexandrian & Mr. Lucarelli shares with us the background of Canopy Rivers, investment opportunities in the emerging global cannabis industry, and details on various company goals.
PRESIDENT AND CHIEF EXECUTIVE OFFICER
Prior to joining Canopy Rivers, Narbe was a Senior Associate at OMERS Ventures, one of the most prominent technology venture capital funds in Canada. During his tenure, Narbe helped fundraise for two funds ($520M of capital), sourced and lead multiple debt/equity financings, and acted as a Board Observer for a number of portfolio companies. Prior to OMERS Ventures, Narbe was a Senior Strategy Manager in TELUS’ Internet of Things (IoT) group where he helped launch operational go-to-market strategies to TELUS’ executive leadership team. Prior to TELUS, he held roles at Firmex Inc., a leading virtual data room company based in Toronto, and Deloitte LLP, where he held roles in Financial Advisory and Consulting (fka Monitor Deloitte). Narbe is currently a Sessional Instructor at the Schulich School of Business, teaching technology entrepreneurship and venture capital within the undergraduate and MBA programs. He holds a Bachelor of Business Administration degree from the Schulich School of Business at York University and is a Chartered Professional Accountant.
CHIEF FINANCIAL OFFICER
Prior to joining Canopy Rivers, Eddie was a Vice President in the Mergers & Acquisitions group at TD Securities. His team provided sell-side and buy-side M&A advisory services to large and mid-cap Canadian companies. During his time at TD, Eddie worked on several transformative transactions in the telecommunications, media, and real estate industries.
Eddie began his career at Deloitte LLP where he became a Senior Manager in the firm’s Financial Advisory practice. He advised domestic and international clients across a variety of industries on business valuation matters for transaction, tax, audit, accounting, litigation and other purposes. During his time at Deloitte, Eddie also helped execute the firm’s global financial advisory strategy and completed a placement in London, England. Eddie holds a Bachelor of Commerce from the Smith School of Business at Queen’s University. He is a Chartered Professional Accountant and a Chartered Business Valuator.
The alarming growth of health-related conditions has concerned the younger generation. Poor habitual lifestyle choices can lead to a variety of conditions such as obesity, heart disease, and diabetes. Now, consumers endeavor to transition towards healthier alternatives. According to a report by Nielsen, 83% of North Americans have changed their diet to a healthier option, while 74% more engaged in physical activity to lose weight. Consumers are participating in various diet plans or ingesting supplements for health and wellness benefits. Specifically, after the passage of the U.S. Farm Bill, CBD or cannabidiol-based products have begun trending within the health and wellness marketplace as extensive research has concluded that CBD can be used to treat health problems such as acne and anxiety. Furthermore, medical institutions have linked CBD to the successful treatment of chronic illnesses such as cancer, epilepsy, Alzheimer’s, Parkinson’s, and epilepsy. Primarily, consumer dabbling in the CBD industry are using full-spectrum oils, which are extracted from the hemp plant. Full-spectrum CBD oils contain many other cannabinoids, plant terpenes, vitamins and minerals that are beneficial to the consumer. Furthermore, the oils also contain all 20 essential amino acids, omega-3 fatty acids, B Complex vitamins, and vitamins A, E, and C, according to Terra Vida, a Colorado-based CBD retailer. Additionally, the oils also contain minerals such as calcium, iron, magnesium, potassium, zinc, and phosphorus. The therapeutic and health benefits associated with CBD have ultimately led the U.S. Food and Drug Administration to approve the first-ever cannabis-derived treatment, Epidiolex. Moreover, the U.S. Drug Enforcement Agency decided to delist CBD-based products from its standing as a Schedule 1 drug because it has been found that it does not provide consumers with psychoactive effects. Additionally, the development of the CBD industry is directly complementing the overall cannabis industry, further driving the global marketplace. According to data compiled by Mordor Intelligence, the global cannabis market was valued at USD 14.5 Billion in 2018. By 2024, the market is expected to reach USD 89.1 Billion while exhibiting a CAGR of 37% during the forecast period from 2019 to 2024.
Watch the full HD Video Interview now to learn more about the buzz surrounding Canopy Rivers Inc. (TSX-V: RIV) (OTC: CNPOF)
Click Here for full HD video interview: https://www.youtube.com/watch?v=srJoo-vjqhI
About Canopy Rivers Inc. (https://www.canopyrivers.com/)
Canopy Rivers Inc. is a unique investment and operating platform structured to pursue investment opportunities in the emerging global cannabis sector. Canopy Rivers works collaboratively with Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) to identify strategic counterparties seeking financial and/or operating support. 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.
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