OUR 9TH YEAR OF PROVIDING PROPRIETARY CAPITAL MARKETS INTELLIGENCE ON THE CANNABIS / HEMP / PSYCHEDELIC SECTORS
Capital Raises
Capital Raises Summary
Each week, Viridian publishes insights and analysis on completed capital raise transactions in the prior week, focusing on all equity and debt deals. Our analysis includes:
- Summary
- Outlook
- Best & Worst Perfromers
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YTD Analysis
Cannabis capital raises are off 66.4% YTD:
- Total Equity issuance is off 75.8%, and total debt issuance is down 49.7%.
- U.S. debt is down only 39.9%, while Canadian debt is down a more significant 78.5%.
- At 53.7% of total capital raised, debt remains the highest in history for comparable periods.
- Public companies accounted for 73.9% of total financing YTD, down from 83.2% in 2021.
- The graph below shows that U.S. activity dominated capital raises for the first forty-one weeks of 2022, with 71.8% of all capital raised.
Market Commentary and Outlook
This Week Sector Focus
Capital Raises vs Stock Prices
