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RIV Capital Narrows Fiscal Q4 Loss; Names COO

MT Newswires ·  {{timeTz}}

11:12 AM EDT, 06/13/2022 (MT Newswires) -- RIV Capital Inc. (RIV.CSE), an operating and brand platform created to acquire, invest in and develop US cannabis companies, on Monday reported a loss for the fiscal fourth quarter of $17.3 million, or $0.12 per diluted share, as compared with a loss of $21.5 million, or $0.13 per share, a year ago.

Separately, the company has named Mike Totzke COO, effective June 20.

Totzke previously held various roles at ScottsMiracle-Gro, most recently serving as vice president at The Hawthorne Collective.

The company's stock remained unchanged on last look on Monday.

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