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Strategic Priorities


Employ a targeted approach to M&A

  • Build a platform of best-in-class operators in large, limited license states with outsized cultural influence
Lead With Impact

  • Develop sustainable operations, advance social equity, and enhance public health to make a difference in the cannabis industry and beyond.
Establish Operational Excellence

  • Establish a proven track record across cultivation, formulation, manufacturing and distribution
  • Drive organic growth and commit significant resources to develop new brands as New York’s total addressable market grows through adult-use cannabis sales
Leverage the Hawthorne Partnership

  • Share knowledge and resources within our organization and with our capital partners to generate significant synergies and create opportunities for strategic collaboration
Offer Products That Consumers Trust

  • Deliver the highest quality consumer experience by building and partnering with authentic, successful brands that value genetics and innovation
  • Focus on cultivation excellence to support success at each level of the value chain
RIV Capital Portfolio

  • Ensure a rapid and effective decision-making process by staying close to consumers
  • Make the org structure flexible as the industry and business grows and evolves

Our Team

We’re building the strongest team of business leaders, changemakers, visionaries and serial entrepreneurs in the cannabis industry. Our team of creators and collaborators share a passion for cannabis and delivering value to our customers, partners and investors.

Mike Totzke RIV Capital Chief Operating Officer COO Mike Totzke RIV Capital Chief Operating Officer COO

Mike Totzke

Interim Chief Executive Officer
Chief Operating Officer

Headshot of Eddie Lucarelli Headshot of Eddie Lucarelli

Eddie Lucarelli

Chief Financial Officer

Headshot of Matthew Mundy Headshot of Matthew Mundy

Matthew Mundy

Chief Strategy Officer and General Counsel

Amanda Rico Chief Human Resources Officer RIV Capital Amanda Rico Chief Human Resources Officer RIV Capital

Amanda Rico

Chief Human Resources Officer

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