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 06/23/2023
Hemp sector liquidity continues to be worrisome. The median free cash flow adjusted current ratio is .11x, and the third quartile is .89x. This indicates that more than half of the sector has serious liquidity problems. Around ¾ of the sector must obtain additional financing or sell assets to discharge their current liabilities.
Week ended 06/23/2023
Hemp sector liquidity continues to be worrisome. The median free cash flow adjusted current ratio is .11x, and the third quartile is .89x. This indicates that more than half of the sector has serious liquidity problems. Around ¾ of the sector must obtain additional financing or sell assets to discharge their current liabilities.
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