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.
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This Section is Only Available to Higher Tier Memberships
Please Purchase a Premium or Enterprise membership to see more.
Equity Commentary
Equity Raises:
- On December 1, 2024, Leef Brands (LEEF: CSE)(LEEEF: OTCQB), $1.49M units transaction
- Each unit consisted of one share and one two-year warrant with a 60% exercise premium. The value of the warrant was approximately 5% of the unit price, contributing to a 6.9% net share discount from pre-announcement levels.
- Proceeds will support the completion of the Salisbury Canyon Ranch and other growth initiatives.
- Leef’s liabilities to market cap on 12/13/24 was 1.57x, implying a 1.49x asset value/liabilities. LEEF ranked #18/30 on the Viridian Credit tracker model due to weak liquidity and profitability, somewhat mitigated by its better leverage scores.
Public vs. Private Raises:
- Both of this week’s capital raises were public. One trades in the U.S. on OTCQB, and both trade in Canada on CSE.
Equity vs. Debt Cap Raises:
- Equity accounted for 100% of the disclosed funds raised this week.
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.