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Canopy Rivers Completes Investment in Technology Driven Data Company Headset

Published: 01/08/2019

Team: Jonathan Sherman, James Lyle

On January 8, 2019, Canopy Rivers Inc. completed an equity investment in Headset, Inc., a data and analytics service provider for the cannabis industry. Canopy Rivers subscribed for approximately $4 million of Series A Preferred Shares in Headset, representing Canopy Rivers’ first entry into a technology-focused cannabis vertical.

Cassels Brock acted for Canopy Rivers with a deal team that included Jonathan Sherman and James Lyle (Business, Securities and Cannabis).