OUR 9TH YEAR OF PROVIDING PROPRIETARY CAPITAL MARKETS INTELLIGENCE ON THE CANNABIS / HEMP / PSYCHEDELIC SECTORS

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 09/05/2025

Weekly Sector Credit Cultivation and Retail

    • With no new financial statements issued over the last week, the Cultivation & Retail sector median Debt/2025 EBITDA has remained unchanged at 1.99x. However, the median debt/market cap has bounced up from 63x last week to .78x this week, reflecting the overall market correction.
    • Similarly, total liabilities to market cap has jumped from 1.23x last week to 1.4x this week.
    • Financial statement ratios have remained unchanged over the last two weeks; however, dropping prices in the week ended 9/8/25 imply a market perception of lower asset value coverage, which is a negative credit event.

Week ended 09/05/2025

Weekly Sector Credit Cultivation and Retail

    • With no new financial statements issued over the last week, the Cultivation & Retail sector median Debt/2025 EBITDA has remained unchanged at 1.99x. However, the median debt/market cap has bounced up from 63x last week to .78x this week, reflecting the overall market correction.
    • Similarly, total liabilities to market cap has jumped from 1.23x last week to 1.4x this week.
    • Financial statement ratios have remained unchanged over the last two weeks; however, dropping prices in the week ended 9/8/25 imply a market perception of lower asset value coverage, which is a negative credit event.

This Chart is Only Available to Higher Tier Memberships

Please Purchase a Premium or Enterprise membership to see more.