A $10 billion marijuana producer just spun off its venture arm in the hopes it will become the ‘Google Ventures of cannabis’ (RIV)

marijuana tweed canopy growthBlair Gable/Reuters


Canopy Rivers, the venture-capital arm of Canopy Growth, made its debut on the Toronto Stock Exchange Thursday morning at $ 18.44 per share.

The company, which makes minority investments in burgeoning marijuana companies, in an attempt to become the “Google Ventures of cannabis,” found its way onto the exchange via a reverse takeover with a company formerly known as AIM2 Ventures.

See the rest of the story at Business Insider

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Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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