Canopy Rivers backs cannabis firm TerrAscend

Canopy Rivers, the venture capital arm of Canadian cannabis producer Canopy Growth Corp, has invested US$10 million in TerrAscend Canada Inc, a subsidiary of its portfolio company TerrAscend Corp. TerrAscend is a Toronto-based cannabis business. Canopy Rivers, along with Canopy Growth Corporation, first invested in TerrAscend in November 2017.

Source: Press Release