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 05/10/2024
Week ended 05/10/2024
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Equity Commentary
Week ended 05/10/2024
- The Week’s Closed Equity Deals
- On May 9, 2024, Quizam Media Corp. (Q.Q.: CSE)(QQQFF: OTC), which through its subsidiaries is a producer, marketer, and broadcaster of movie entertainment and online Virtual learning, closed a non-brokered Private Placement for $.13M.
- The deal-implied market cap and enterprise value of the company are $1.74M and $1.76M respectively.
- The company’s .77x free cash flow adjusted current ratio implies the need for additional financing in the coming year.
- On May 9, 2024, Quizam Media Corp. (Q.Q.: CSE)(QQQFF: OTC), which through its subsidiaries is a producer, marketer, and broadcaster of movie entertainment and online Virtual learning, closed a non-brokered Private Placement for $.13M.
Public vs. Private Raises:
- All four of this week’s capital raisers are public and trade in Canada (Three on CSE, one on TSX) and in the U.S. (three on OTCQX, one on Nasdaq).
Equity vs. Debt Cap Raises:
- Equity accounted for .16% of this week’s funds raised.
Week ended 05/10/2024
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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 05/10/2024
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 05/10/2024
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.