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 $1.56B closed through the first thirty-seven weeks of the year compared to $3.26B last year.
- Debt represents 62.7% of total capital raised, significantly higher than in any other comparable period since 2018.
- Public companies have raised 72.6% of total capital YTD, down from 74.8% last year and lower than any comparable period since 2019.
- International raises accounted for 12.5% 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 9.28% for the week.
