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RIV Capital Sets Date for Fourth Quarter and Full Year 2023 Financial Results

TORONTO, June 8, 2023 /PRNewswire/ — RIV Capital Inc. (“RIV Capital” or the “Company”) (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm focused on building a leading multi-state platform with one of the strongest portfolios of brands in key strategic US markets, will report its fourth quarter and full year financial results March 31, 2023 after the market close Wednesday 14 June 2023. The company’s audited consolidated financial statements and management’s discussion and analysis for the three months and the past fiscal year March 31, 2023 will be available on the Company’s profile on SEDAR at www.sedar.com and on the Company’s website at www.rivcapital.com/investors.

RIV Capital Logo (CNW Group/RIV Capital Inc.)

Following the release of the fourth quarter and fiscal year 2023 financial results, an audio-only replay of RIV Capital’s conference call will be available on the Company’s website at www.rivcapital.com/investors.

About RIV Capital

RIV Capital is an acquisitions and investment firm focused on building a leading multi-state platform with one of the strongest portfolios of brands in key strategic US markets. Backed by in-house cannabis expertise and knowledge, RIV Capital aims to grow its own brands and partner with established US cannabis operators and brands to bring them into new markets and grow market share. With the previously announced acquisition of Etain, RIV Capital has laid the foundations of its active US strategy. Through its strategic relationship with The Hawthorne Collective, Inc. (“The Hawthorne Collective”), a subsidiary of ScottsMiracle-Gro, RIV Capital is The Hawthorne Collective’s preferred vehicle for cannabis-related investments outside the purview of other ScottsMiracle-Gro subsidiaries ScottsMiracle-Gro fall.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of RIV Capital and its portfolio companies regarding future business activities and operating performance. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”. “expect” or similar expressions and includes information regarding the timing and availability of the Company’s financial results and the Company’s earnings announcement.

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Investors are cautioned that forward-looking information is not based on historical facts, but rather represents management’s expectations, estimates or projections of future results or events that are based on management’s beliefs, assumptions and estimates as of the date the statements are made were deemed appropriate. Although RIV Capital believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties and such information should not be relied upon as unknown or unpredictable factors could have a material adverse effect on future results and could have benefits or benefits from RIV Capital or its portfolio companies. Key factors that could cause actual results to differ materially from those projected in the forward-looking information include: regulatory and licensing risks; changes in cannabis industry growth and trends; changes in general economic, business and political conditions, including changes in financial markets; the global cannabis regulatory landscape and enforcement, including political risks and risks associated with regulatory changes; risks related to anti-money laundering laws; compliance with extensive government regulations, including RIV Capital’s interpretation of those regulations; public opinion and perception of the cannabis industry; disposal risks; and the risk factors set out in RIV Capital’s annual information form for the past financial year March 31, 2023 filed with Canadian securities regulators and available on RIV Capital’s profile on SEDAR at www.sedar.com.

Should one or more of these risks or uncertainties materialize, or should the assumptions underlying the forward-looking information prove incorrect, actual results may differ materially from the intended, planned, expected, believed, estimated or expected results described herein. Although RIV Capital has attempted to identify important risks, uncertainties and factors that could cause actual results to differ materially, there may be others that cause results to differ from expectations, estimates or intentions. RIV Capital does not intend and assumes no obligation to update this forward-looking information, except as required by law.



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SOURCE RIV Capital Inc.

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