OUR 9TH YEAR OF PROVIDING PROPRIETARY CAPITAL MARKETS INTELLIGENCE ON THE CANNABIS / HEMP / PSYCHEDELIC SECTORS

Viridian Cannabis Deal Tracker

Viridian Data Analytics

The Market Intelligence on Cannabis/Hemp/Psychedelic Capital Raise and M&A Transactions Used by Companies, Investors, Acquirers and Advisors to Make Informed Capital Allocation and M&A Decisions.

Cannabis/HEMP/Psychedelic Deals

Trailing Twelve Months

$0.92B

Equity Capital Raised

82

# Equity Transactions

$0.86B

Debt Capital Raised

56

# Debt Transactions

$1.01B

M&A Transaction Value

94

# M&A Transactions

Testimonials

Viridian has collected and aggregated the world’s largest database of cannabis deals.” – Benzinga

 

“The Viridian team was by our side throughout the capital raise process and helped us source and negotiate the optimal debt financing. The market intelligence they gave us using information from the Viridian Cannabis Deal Tracker was instrumental in negotiating the best transaction.” – Ryan Jenneman, THC Design CEO

 

“We especially want to thank the team at Viridian Capital for their sage counsel on valuation and deal structures throughout the M&A process that helped guide us to a successful close.”  — Jordan Weiss, CEO, Green Coast Hydroponics

 
“We thank Scott Greiper and his team at Viridian Capital for their guidance and perseverance in completing our Series A and Series B financings.  The utilization of data from the Viridian Cannabis Deal Tracker guided us in understanding our value in the market and the optimal deal structure for our company.” – Morris Denton, Texas Original CEO

 

Viridian Cannabis Deal Tracker

Launched in January 2015, and having analyzed more than $60B in deals, the Viridian Cannabis Deal Tracker is a proprietary data service that monitors and analyzes capital raise and M&A activity in the legal Cannabis/Hemp/Psychedelics industries. Each week the Deal Tracker provides proprietary data and market intelligence on transactions, including:

Equity Deals For this week

Provides weekly data and insight into Cannabis /Hemp/Psychedelic industries’ equity issuances

Debt Deals For this week

Provides weekly data and insight into Cannabis/Hemp/Psychedelic industries debt issuances

M&A Deals for this Week

Provides weekly data and insight into Cannabis/Hemp/Psychedelic industries M&A deals.

Viridian Valuation Tracker

Provides valuation analysis for over 370 public Cannabis/Hemp/Psychedelic companies.

Viridian Credit Tracker

Provides credit/liquidity analysis and rankings for over 370 public cannabis/Hemp companies.

Viridian Sector Deal Tracker

Analyzes transactions by industry sector in order to track the flow of capital and M&A across 12 industry sectors – from cultivation to brands to software.

Latin america deal tracker

The Latin America Deal Tracker is a monthly report that includes all equity, debt, and M&A transactions that occurred in the region.

European Deal Tracker

The European America Deal Tracker is a monthly report that includes all equity, debt, and M&A transactions that occurred in the region.

Viridian Regional Deal Tracker

Analyzes deals by location of issuer/seller in order to track the flow of capital and M&A deals by state and country.

viridian deal tracker data

Deal Tracker users will now gain access to three or six months of historical transaction data covering closed Debt raises, Equity Issuances, and M&A Transactions.

YTD Charts for Capital Raises

Consists of an overview of capital raise activity in the Cannabis/Hemp/Psychedelic industries from the current year.

YTD Charts for M&A

Consists of an overview of the M&A activity in the Cannabis/Hemp/Psychedelic industries from the current year.

Chart of the Week

Provides insight on the most influential trends from the past week in the Cannabis /Hemp/ Psychedelic industries.

DETAILED DESCRIPTION OF DATA SERVICES

Group 1529

Equity Deals

Provides weekly data and insight into Cannabis /Hemp/Psychedelic industries’ equity issuances

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Debt Deals

Provides weekly data and insight into Cannabis/Hemp/Psychedelic industries debt issuances

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M&A Deals

Provides weekly data and insight into Cannabis/Hemp/Psychedelic industries M&A deals.

 

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Valuation Tracker

Provides valuation analysis for over 370 public Cannabis/Hemp/Psychedelic companies.

 

Group 1506

Credit Tracker

Provides credit/liquidity analysis and rankings for over 370 public cannabis/Hemp companies.

Group 1504

Industry Sector Tracker

Analyzes transactions by industry sector in order to track the flow of capital and M&A across 12 industry sectors – from cultivation to brands to software.

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Regional Tracker

Analyzes deals by location of issuer/seller in order to track the flow of capital and M&A deals by state and country.

Group 1503

Chart of the Week

Provides insight on the most influential trends from the past week in the Cannabis /Hemp/ Psychedelic industries.

Group 1507

LATin america deal tracker

The Latin America Deal Tracker is a monthly report that includes all equity, debt, and M&A transactions that occurred in the region.

Group 1507

European
Deal Tracker

The European America Deal Tracker is a monthly report that includes all equity, debt, and M&A transactions that occurred in the region.

 

Group 1582

YTD Charts for Capital Raises

Consists of an overview of capital raise activity in the Cannabis/Hemp/Psychedelic industries from the current year.

 

Group 1581

YTD Charts
for M&A

Consists of an overview of the M&A activity in the Cannabis/Hemp/Psychedelic industries from the current year.

Viridian Capital Advisors Offers unique propriety data services including:

Examples of our data, analytics, and market intelligence

Equity Deal Tracker

The Equity Deal Tracker includes a weekly analysis of equity issuance. Data includes issuer specific information, deal size, pricing, share information, deal implied valuation information, and warrant information.

M&A Deal Tracker

The M&A Deal Tracker includes a weekly analysis of mergers & acquisitions in the cannabis industry. Weekly data on deals includes the acquiror and target information, deal size, type of deal, structure, and valuation information.

Credit Tracker

When it comes to credit ratings for Cannabis/HEMP/Psychedelic companies, many investors, acquirers, and lenders have been left in the dark with a lack of information. With Viridian’s data and market intelligence, that is no longer the case. The Viridian Cannabis Credit Tracker is the first of its kind, providing users with a proprietary credit ranking system for companies based on a company’s liquidity, leverage, profitability, and size.

Viridian Cannabis Deal tracker for the week ended 7/12/24

Viridian Insights of the week

 
  • On July 1, 2024, CENTR Brands Corp. (CNTR: CSE)(CNTRF: OTCQB), which engages in the manufacture, sale, and development of cannabidiol (CBD) derived beverages, raised $73,404 in a non-brokered private placement of one-year Convertible Notes. The notes carry an interest rate of 10% and are convertible at the greater of the market price or the transaction price of a qualifying investment round. The zero premium conversion feature is valuable and results in an effective cost of 26.62%.
  • On July 10, 2024, Lucid Green Inc. (Private),  a provider of inventory tracking systems serving customers in Arkansas, California, Maryland, Michigan, Missouri, and Nevada, completed a growth funding round for proceeds of $1.4M. The funding will help Lucid Green expand the capabilities of InventoryAI within the LucidID ecosystem, enhancing its value proposition for brands, distributors, and retailers. The financing round follows a $10M raise in 2022 that was led by Gron, with participation from Gotham Green.
  • On July 8, 2024, AFC Gamma (AFCG: Nasdaq) completed the spinoff of its commercial real estate business to Sunrise Realty Trust, an independent REIT. AFC Gamma shareholders received one new share of Sunrise Realty Trust for every three shares of AFCG shares held. The total transaction value was $56.67M.
  • Cannabis equities (as measured by the MSOS ETF) ended up 6.17% for the week.


Equity Capital Raises

Viridian publishes weekly data and insights on equity capital raises in the Cannabis/CBD/Psychedelic industries. This data includes information about the company issuing equity, deal size, pricing, share information, deal implied valuation, and warrants.

Debt Capital Raises

Viridian publishes weekly data and insights on debt capital raises in the Cannabis/CBD/Psychedelic industries. This data includes information about the company issuing debt, deal size, pricing, warrants, and credit data.

M&A Deals

Viridian publishes weekly data and insights on M&A in the Cannabis/CBD/Psychedelic industries. This data includes information about the acquiring company, type of deal, consideration, target company, and valuation metrics.

Viridian Cannabis Valuation Tracker

The Viridian Value Tracker is the most comprehensive valuation product in the industry.

  • A broad set of 12 valuation measures assures applicability, regardless of whether the company has analyst coverage or revenues.  The typically presented EV/ Projected Revenues and EV/ Projected EBITDA are available for less than 1/3 of cannabis companies we track.
  • Most valuation studies present only the average valuation measures, while the Tracker goes one step further and shows the distribution of values (the quartiles, median, and dispersion) for each measure. This gives users a more complete view of how companies in the cohort group are valued.

Viridian Credit Tracker

Credit ratings are not currently available for public cannabis companies leaving companies, lenders and investors with a gap of information. The Viridian Cannabis Credit Tracker fills this gap. The model uses 11 market and financial statement variables to discern 4 key credit factors: Liquidity, Leverage, Profitability, and Size, to provide credit/liquidity analysis for over 370 public Cannabis/Hemp companies.

Viridian Cannabis Sector Tracker Description

The Viridian Sector Tracker is the premier resource to follow the movement of capital and M&A by sector. Viridian Capital Advisors partitions the cannabis universe into 12 subsectors and each week we follow the transactions that occur in each of these subsectors, giving investors the ability to spot sector rotations early. 

Viridian Cannabis Regional Tracker Description

The Viridian Cannabis Regional Tracker is the premier resource to follow the movement of capital and M&A by location.

Cannabis industry capital raises and M&A activity are shifting. Newly legalized states in the Central and Northeast have become the focus of an increasing amount of capital deployment to fund new cultivation capacity and new dispensaries. MSOs are often finding it more advantageous to build scale in new states through acquisition rather than internal build, leading to a similar shift in M&A activity.

The Regional Tracker gives investors/sellers and acquisitors being targeted a clear view of where capital is being allocated.

CHART OF THE WEEK​

The Viridian Capital Chart of the Week highlights key investment, valuation and M&A trends taken from that week’s Deal Tracker that we believe are impactful for investors, companies and acquirers. 

Latin America Deal Tracker

The Latin America Deal Tracker is a monthly report that includes all equity, debt, and m&a transactions that occurred in the region. 

european Deal Tracker

The European America Deal Tracker is a monthly report that includes all equity, debt, and M&A transactions that occurred in the region. 

YTD CHARTS FOR CAPITAL RAISES

The YTD Charts for Capital Raises includes a detailed breakdown of capital raises in the cannabis industry year to date. Charts include a breakdown between Public and Private Capital raises, Equity & Debt raises, and Capital raises by sector.

YTD CHARTS FOR M&A​

Year to Date Charts for M&A includes a detailed breakdown of Mergers and Acquisitions for the current year. Charts break deal data between public and private deal makers and sectors.