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 09/30/2022
Week ended 09/30/2022
This Section is Only Available to Higher Tier Memberships
Please Purchase a Premium or Enterprise membership to see more.
Equity Commentary
Week ended 09/30/2022
The Week’s Largest Closed Equity Transaction:
- On September 27, 2022, Sanity Group (Private), a leading German cannabis company, announced closing the largest cannabis fundraising round with its $37.6M Series B financing.
- The round was led by BAT Group, showing a growing interest on the part of big tobacco in the rapidly expanding European cannabis market.
- Proceeds will accelerate Sanity’s European expansion and R&D efforts.
Public Company Raises:
- Two of the companies that raised capital this week were public. Both trade in the U.S. (one on OTCQX and one on Nasdaq), and one trades In Canada on the CSE.
Equity vs. Debt Cap Raises:
- Equity accounted for three of this week’s raises and 95.5% of the funds raised.
Week ended 09/30/2022
Additional content is available to Premium and Enterprise users. Please purchase a higher tier membership to see more.
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 09/30/2022
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 09/30/2022
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.