Confusion regarding the ventricle system in the brain
I've found the answer. The entire brain and spinal cord is bounded by the arachnoid mater, thus both channels would lead into the subarachnoid space, which also circulates the fluid into the spinal cord region. The CSF exits through the arachnoid granulations, which are like valves, found on the dorsal midline, into the superior sagital sinus, where it returns to the blood stream.