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 11/01/2024
Week ended 11/01/2024
This Section is Only Available to Higher Tier Memberships
Please Purchase a Premium or Enterprise membership to see more.
Equity Commentary
Week ended 11/01/2024
Equity Raises:
- On October 31, 2024, Uncle Arnie’s (Private), a cannabis beverage producer, raised $4M in a funding round led by Mindset Capital.
- Uncle Arnie’s is part of the wave of hemp-derived cannabis-infused beverages that are taking off. Beverages were always a bit of a problem in the dispensary channel as they are bulky and hard to store and display in the limited space of a dispensary. The ability to move into the DTC channel is revolutionary, and the production and distribution economics are powerful.
Public vs. Private Raises:
- Body and Mind (BAMM: CSE) is the only one of the week’s four capital raisers that is public. It trades in the U.S. on OTCQB and in Canada on the CSE.
Equity vs. Debt Cap Raises:
- Debt accounted for 36.0% of the week’s funds raised.
Week ended 11/01/2024
Additional content is available to Premium and Enterprise users. Please purchase a higher tier membership to see more.
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 11/01/2024
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 11/01/2024
This Chart is Only Available to Higher Tier Memberships
Please Purchase a Premium or Enterprise membership to see more.
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.