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 12/16/2022

Week ended 12/16/2022

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Equity Commentary

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.

Week ended 12/16/2022

The Week’s Largest Closed Equity Transaction:

  • On December 16, 2022, Hemptown Organics (Private), an Oregon producer of premium full-spectrum hemp-derived CBD and CBG products, sold $617,500 of equity in a private Reg D sale.
    • Hemptown owns the Kirkman, an established nutraceutical brand in business for over 70 years.
    • The company operates a 40,000 sq ft harvest processing facility.

           

Public vs. Private Raises: 

  • Two of the three companies that raised capital this week were public. Both trade in Canada on the CSE and in the U.S. on OTC.

Equity vs. Debt Cap Raises: 

  • Equity accounted for 7.2% of this week’s capital raises.

Week ended 12/16/2022

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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.

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.   

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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.