OUR 9TH YEAR OF PROVIDING PROPRIETARY CAPITAL MARKETS INTELLIGENCE ON THE CANNABIS / HEMP / PSYCHEDELIC SECTORS
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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 04/12/2024
- The cultivation and retail sector in our sector analysis covers all geographical locations, including Canada, the U.S., and the rest of the world. This inclusion of diverse geographies dilutes credit stats because, generally, the U.S. metrics are significantly more robust.
- The median total liabilities to market cap for the 85 group members is 2.45x, with a tremendous spread: the first quartile is .75x, and the third quartile is 5.34x.
- The sector has a number of shelf filings as companies poise for the opportunity to re-equitize.
Week ended 04/12/2024
- The cultivation and retail sector in our sector analysis covers all geographical locations, including Canada, the U.S., and the rest of the world. This inclusion of diverse geographies dilutes credit stats because, generally, the U.S. metrics are significantly more robust.
- The median total liabilities to market cap for the 85 group members is 2.45x, with a tremendous spread: the first quartile is .75x, and the third quartile is 5.34x.
- The sector has a number of shelf filings as companies poise for the opportunity to re-equitize.
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