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
Viridian Cannabis Deal Tracker
Launched in January 2015, and having analyzed more than $70B 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:
- Deals by Industry Sector: To track the flow of capital and M&A deals by one of 12 Sectors - from cultivation to brands to software
- Deal Structure: equity/debt for capital raises, cash/stock/earnout for M&A
- Key Deal Terms: deal size, valuation, pricing, warrants, cost of capital
- Principals to the Transaction: issuer/investor/lender/acquirer
- Deals by Location of Issuer/Buyer/Seller: to track the flow of capital and M&A deals by state and country
- Credit Analysis: leverage and liquidity ratios, credit rankings for public companies
- Valuation Analysis: valuations by revenue and EBITDA metrics
DETAILED DESCRIPTION OF DATA SERVICES
Equity Deals
Provides weekly data and insight into Cannabis /Hemp/Psychedelic industries’ equity issuances
Debt Deals
Provides weekly data and insight into Cannabis/Hemp/Psychedelic industries debt issuances
M&A Deals
Provides weekly data and insight into Cannabis/Hemp/Psychedelic industries M&A deals.
Valuation Tracker
Provides valuation analysis for over 370 public Cannabis/Hemp/Psychedelic companies.
Credit Tracker
Provides credit/liquidity analysis and rankings for over 370 public cannabis/Hemp companies.
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.
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.
Chart of the Week
Provides insight on the most influential trends from the past week in the Cannabis /Hemp/ Psychedelic industries.
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
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.
Viridian Capital Advisors Offers unique propriety data services including:
- Equity Deals
- Debt Deals
- M&A Deals
- Valuation Tracker
- Credit Tracker
- Sector Tracker
- Regional Tracker
- Special Reports
- Chart of the Week
- YTD Charts for Capital Raises
- YTD Charts for M&A
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 9/6/24
Viridian Insights of the week
- On September 3, 2024, Tilray Brands (TLRY: Nasdaq) closed its acquisition of Terrapin Beer Cop. Atwater Brewing Co., Hop Valley Brewing, and Revolver Brewing LLC. The acquisitions rank Tilray as the #5 Craft Brewer in the U.S.
- On September 3, 2024, GrowFlow, a leading private cannabis software as a service platform, was acquired by management and TDV Capital Partners. The new management group is composed of the original founder and a group of former executive officers of the company.
- On September 3, 2024, Organigram (OGI: Nasdaq)(OGI: TSX), the sixth largest Canadian LP by market cap, closed the second of a three-tranche strategic investment of C$124 million by BAT for gross proceeds of US$30.8M.
- Schwazze (SHWZ: CSE) was the week’s biggest gainer, rising more than 250%, albeit on extremely light volume. Other gainers include AYR, Cansortium, Trulieve, Cresco, and Planet 13, all of which have significant Florida torque.
- Cannabis equities (as measured by the MSOS ETF) ended up 1.42% for the week.
- Tier two U.S. MSO performance deteriorated last week, resulting in all U.S. MSO Tiers now having negative LTM returns.
