OUR 8TH YEAR OF PROVIDING PROPRIETARY CAPITAL MARKETS INTELLIGENCE ON THE CANNABIS / CBD / PSYCHEDELIC SECTORS

Capital Raises

Past Charts

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

Week ended 11/11/2022

Cannabis capital raises are off 64.2% YTD:

  • Total Equity issuance is off 74.4%, and total debt issuance is down 48.2%.
  • U.S. debt is down only 37.8%, while Canadian debt is down a more significant 79.4%.
  • At 56.5% of total capital raised, debt remains the highest in history for comparable periods.
  • Public companies accounted for 74.5% of total financing YTD, down from 79.8% in 2021.
  • The graph below shows that U.S. activity dominated capital raises for the first forty-five weeks of 2022, with 75.0% of all capital raised.
  • International capital raises of $319M represented 8.1% of total capital raises, exceeding the previous record of 6.4% in 2019.

Market Commentary and Outlook

This Week Sector Focus

Capital Raises vs Stock Prices

Best and Worst Stock Performers