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
Quick Links
YTD Analysis
- Cannabis capital raises are off to a multi-year low. Only $788.14M closed through the first eighteen weeks of the year compared to $1,972.45M last year.
- Debt represents 62.2% of total capital raised, higher than in any other comparable period back to 2018.
- Public companies have raised only 61.5% of total capital YTD, down from 77.4% last year.
Market Commentary and Outlook
This Week Sector Focus
Capital Raises vs Stock Prices
- Cannabis equities (as measured by the MSOS ETF) were up 11.75% for the week on increasing SAFE Act talk. The gain was the largest since 10/21/22.
