OUR 9TH YEAR OF PROVIDING PROPRIETARY CAPITAL MARKETS INTELLIGENCE ON THE CANNABIS / HEMP / PSYCHEDELIC SECTORS
Equity Capital Raises
Equity Transaction Chart
Viridian publishes weekly data on equity capital raises in the Cannabis/CBD/Psychedelic industries. This data includes information about the company issuing equity (public/private, state/country location), deal size, deal structure, pricing, share information, deal implied valuation, and warrant information.
Week ended 07/12/2024
Week ended 07/12/2024
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Equity Commentary
Week ended 07/12/2024
Equity Raises:
- 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.
Public vs. Private Raises:
- One of the week’s two capital raisers is public and trades in Canada on the CSE and in the U.S. on OTCQB.
Equity vs. Debt Cap Raises:
- Equity accounted for 95.2% of the week’s capital raise activity.
Week ended 07/12/2024
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Weekly Valuation Tracker
Viridian highlights a specific industry sector and provides a deep dive into valuation metrics and comparable company valuations for public companies operating in that sector. The Weekly Valuation Tracker provides proprietary, actionable valuation data.
- Week ended 07/12/2024
This week’s valuation tracker focuses on the 7 U.S. MSOs with market cap over $500M in the Viridian Value Tracker database in gauge the valuation impact of the 2nd earnings that have been released so far, Green Thumb (GTII: CSE), Curaleaf (CURA: CSE), and Trulieve.
- Week ended 07/12/2024
This Chart is Only Available to Higher Tier Memberships
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Additional content is available to Premium and Enterprise users. Please purchase a higher tier membership to see more.
This Chart is Only Available to Higher Tier Memberships
Please Purchase a Premium or Enterprise membership to see more.
Viridian publishes weekly insights on equity capital raises in the Cannabis/CBD/Psychedelic industries. These insights typically highlight the most interesting/meaningful equity transactions of that week, and commentary on market conditions, equity deal structures and investor groups.