OUR 8TH YEAR OF PROVIDING PROPRIETARY CAPITAL MARKETS INTELLIGENCE ON THE CANNABIS / CBD / 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:
- YTD Analysis
- Sector Focus
- Capital Raises vs Equity Prices
- Outlook
- Sector and Company Performance
- Capital Raises by Sector
Quick Links
YTD Analysis
- Cannabis capital raises are off to a multi-year low. Only $1.73B closed through the first forty-four weeks of the year compared to $3.93B last year.
- Debt represents 61.0% of total capital raised, significantly higher than in any other comparable period since 2018.
- Public companies have raised 73.4% of total capital YTD, down from 75.2% last year and lower than any comparable period since 2019.
- International raises accounted for 11.3% of the total, the most significant percentage since before 2018.
Market Commentary and Outlook
This Week Sector Focus
Capital Raises vs Stock Prices
- Cannabis equities (as measured by the MSOS ETF) were up 12.21% for the week.
