OUR 9TH YEAR OF PROVIDING PROPRIETARY CAPITAL MARKETS INTELLIGENCE ON THE CANNABIS / HEMP / PSYCHEDELIC SECTORS
Quick
Links
More Charts
Credit Tracker By Industry Sector
Credit Tracker By Sector
Credit ratings are not currently available for public cannabis companies leaving companies, lenders and investors with a gap of information. The Viridian Cannabis Credit Tracker fills this gap. The model uses 11 market and financial statement variables to discern 4 key credit factors: Liquidity, Leverage, Profitability, and Size, to provide credit/liquidity analysis for over 370 public Cannabis/Hemp companies.
Week ended 03/10/2023
The Viridian Credit Tracker utilizes 11 different We have generally found 3x the danger level signaling significant chances of default/restructuring. Of these 25 companies, 17 also have free cash flow adjusted current ratios of under .75x, indicating a significant probability of requiring additional financing during the year. Of these 17, 4 are U.S. public companies with market caps over $5M: Lowell Farms (LOWL: CSE), MedMen (MMEN: CSE), StateHouse (STHZ: CSE), and Unrivaled Brands (UNRV: CSE).bespoke credit ratios to evaluate four aspects of credit quality: Liquidity, Leverage, Profitability, and Size. We are looking at the extreme quartiles of our ratios to identify credit stresses. Of the 101 Cultivation & Retail sector companies in our database, the worst 25 have a Total Liabilities / Market Cap of over 5.25x.
Week ended 03/10/2023
The Viridian Credit Tracker utilizes 11 different We have generally found 3x the danger level signaling significant chances of default/restructuring. Of these 25 companies, 17 also have free cash flow adjusted current ratios of under .75x, indicating a significant probability of requiring additional financing during the year. Of these 17, 4 are U.S. public companies with market caps over $5M: Lowell Farms (LOWL: CSE), MedMen (MMEN: CSE), StateHouse (STHZ: CSE), and Unrivaled Brands (UNRV: CSE).bespoke credit ratios to evaluate four aspects of credit quality: Liquidity, Leverage, Profitability, and Size. We are looking at the extreme quartiles of our ratios to identify credit stresses. Of the 101 Cultivation & Retail sector companies in our database, the worst 25 have a Total Liabilities / Market Cap of over 5.25x.
This Chart is Only Available to Higher Tier Memberships
Please Purchase a Premium or Enterprise membership to see more.
