OUR 9TH YEAR OF PROVIDING PROPRIETARY CAPITAL MARKETS INTELLIGENCE ON THE CANNABIS / HEMP / PSYCHEDELIC SECTORS
Equity Capital Raises
Equity Transaction Chart
Viridian publishes weekly data on equity capital raises in the Cannabis/CBD/Psychedelic industries. This data includes information about the company issuing equity (public/private, state/country location), deal size, deal structure, pricing, share information, deal implied valuation, and warrant information.
Week ended 12/15/2023
Week ended 12/15/2023
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Equity Commentary
Week ended 12/15/2023
- The Week’s Largest Closed Equity Deal
- The Week’s Only Closed Equity Deal
- On December 12, 2023, Quizam Media Corporation (Q.Q.: CSE)(QQQFF: OTCQB), which owns Quizam Entertainment, On-Track Corp. training, and a chain of B.C. cannabis dispensaries under its subsidiary Quantum 1 Cannabis, closed a $0.22M private placement of units.
- 10M Units were sold at $0.022 per unit
- Each unit has one common share and ½ share warrant exercisable at $0.11 per share (a 400% premium) for 24 months.
- The Week’s Only Closed Equity Deal
Public vs. Private Raises:
- Two of the three issuers this week were public. Both trade in Canada (one on the CSE and one on the CBOE) and the U.S. (one on OTCPK and one on OTCQX.)
Equity vs. Debt Cap Raises:
- Equity accounted for 3.7% of the week’s capital raised.
Week ended 12/15/2023
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Weekly Valuation Tracker
Viridian highlights a specific industry sector and provides a deep dive into valuation metrics and comparable company valuations for public companies operating in that sector. The Weekly Valuation Tracker provides proprietary, actionable valuation data.
- Week ended 12/15/2023
This week’s valuation tracker focuses on the 7 U.S. MSOs with market cap over $500M in the Viridian Value Tracker database in gauge the valuation impact of the 2nd earnings that have been released so far, Green Thumb (GTII: CSE), Curaleaf (CURA: CSE), and Trulieve.
- Week ended 12/15/2023
This Chart is Only Available to Higher Tier Memberships
Please Purchase a Premium or Enterprise membership to see more.
Additional content is available to Premium and Enterprise users. Please purchase a higher tier membership to see more.
This Chart is Only Available to Higher Tier Memberships
Please Purchase a Premium or Enterprise membership to see more.
Viridian publishes weekly insights on equity capital raises in the Cannabis/CBD/Psychedelic industries. These insights typically highlight the most interesting/meaningful equity transactions of that week, and commentary on market conditions, equity deal structures and investor groups.