August 23, 2018 / 2:47 PM / a month ago

BUZZ-Canopy Growth: Continues gain on VC arm's update on go-public plan

** Canopy Growth up ~3 pct, rising for the fifth session in a row, after the cannabis producer’s venture capital investment platform updates plan to go public

** Canopy Rivers says sets Sept. 12 shareholder meet with respect to reverse take over of AIM2 Ventures and list on the TSX Venture Exchange the following week

** So far, Canopy Rivers invested in 11 companies globally, with a portfolio that comprises licensed producers, brand developers, pharmaceutical formulators, and retail networks

** WEED has surged ~81 pct YTD, with most gains in a 32 pct jump on Aug. 15 on securing $4 bln investment from Corona beer maker Constellation (Reporting by Savio D’Souza)

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