Civilized Worldwide Enters into Strategic Investment with Canopy Growth’s Investment Arm

Civilized mg magazine
Civilized mg magazine

Viridian, Through Its Broker-Dealer Pickwick Capital Partners, Led Civilized’s Series A Financing and Added New Board Members

 

(New York, NY, June 26, 2018) — Viridian Capital is pleased to congratulate Civilized Worldwide Inc., a premium digital media and lifestyle brand that elevates cannabis culture, on the recent announcement of a strategic investment and collaboration agreement with Canopy Rivers Corporation, an affiliated strategic investment partner of Canopy Growth Corporation. Pursuant to the agreement, Canopy Rivers will invest CAD $5 million in Civilized via a convertible debenture, and the companies will work together on various online, media, and event mandates relating to the cannabis industry.

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Viridian Capital, through its broker dealer Pickwick Capital Partners, LLC, advised on and led the placement of Civilized’s Series A financing and helped to build the company’s Board by introducing two new Civilized directors from its own advisory board.

Viridian introduced Mr. Michael Cohl (ex-Chairman of Live Nation, producer of worldwide music tours including The Rolling Stones, Pink Floyd, U2, Barbra Streisand, and on Broadway producing shows including SpiderMan: Turn Off The Dark, Rock of Ages, and Spamalot) and Mr. Mitchell Fox (former Group President and Publishing Director of Condé Nast Publications, President and CEO of the Golf Digest Companies, and Publisher of Vanity Fair).

Scott Greiper, President and Founder of Viridian Capital Advisors, commented, “Derek and Terri Riedle have elevated the cannabis culture by building Civilized Worldwide into a pre-eminent digital media platform in the industry. We were pleased to lead Civilized’s Series A private placement and introduce their first independent board members. It has been a pleasure to watch them and their team build their vision into a successful company that led to this partnership with Canopy Growth and Canopy Rivers.”

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