OUR 9TH 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

  • The US raises accounted for 40.2% of total funds, the lowest percentage since 2019. Conversely, raises from outside the US and Canada, spurred by a sizeable psychedelic equity raise in the UK, represented a historically high 16.8% of the total funds raised. Canada has also bounced back to 43% of total capital raised YTD primarily due to this week’s $150M Cybin equity raise.
  • YTD raises by public companies accounted for 80.8% of total funds, the highest since 2021, primarily due to the Cybin raise.

Market Commentary and Outlook

This Week Sector Focus

Capital Raises vs Stock Prices

  • Cannabis equities (as measured by the MSOS ETF) were up 8.46% for the week.

Best and Worst Stock Performers