representative work

Canopy Rivers Completes Investment in Dynaleo Inc.

05/05/2020

On May 4, 2020, Canopy Rivers Inc. announced it has completed a $2 million investment in Dynaleo Inc., an Edmonton-based company focused on white-label manufacturing edible cannabis gummies for the Canadian market. The investment is structured as a $2 million convertible debenture with additional warrant coverage. The debenture is convertible at Canopy Rivers’ option into common shares of Dynaleo.

Cassels acted for Canopy Rivers with a deal team that included Jonathan Sherman, Tayyaba Khan and Kelly Lee (Securities and Cannabis) and Chuck Rich and Daniel Cipollone (Banking & Specialty Finance and Cannabis).