Sector Tracker
The Viridian Sector Tracker is the premier resource to follow the movement of capital and M&A by sector.
Viridian Capital Advisors partitions the cannabis universe into 12 subsectors and each week we follow the transactions that occur in each of these subsectors, giving investors the ability to spot sector rotations early.
Since the Tracker’s inception in 2015, Cultivation & Retail has been the largest subsector. However, we have recently tracked an increase in activity within the Agriculture Technology, Software and Infused Products & Extracts sectors.
Capital Raises by Sector
Capital raises this week were in the following sectors:
Capital Raises LTM (last 12 months)
The Cultivation & Retail sector leads all sectors in total capital raised over the current LTM period with $1.25B in total invested capital and ranks first in transaction volume with 52 total transactions. The Psychedelics Sector ranks second in total capital invested at $322.36M and ranks fourth in transaction volume with 10 total capital raises for the LTM ended 10/4/2024. The Investments/M&A sector ranks third in total invested capital at $216.00M for the LTM ended 10/4/2024.
Capital Raises YTD
M&A by Sector
The buyers and sellers in this week’s deals were from the following sectors:
M&A LTM
The Cultivation & Retail sector currently leads all sectors in both number of M&A transactions and total M&A transaction value with 34 total deals and $359.22M in total deal consideration. The Biotech/Pharma sector ranks second in total M&A consideration at $218.38M for the LTM ended 10/4/2024. The Real Estate sector now ranks third in total M&A consideration at $58.97M for the LTM ended 10/4/2024.
