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Viridian Chart Of The Week: Even In A Correcting Market, Positive Earnings Surprises Are Rewarded
Thursday, April 1, 2021 - 11:15am | 631The blue bar in the graph shows the percentage by which 4th quarter 2020 EBITDA exceeded consensus analyst estimates as reported by FactSet for each of the seven top MSOs that have reported. The orange line shows the next day percentage change of the stock price less the percent change of the...
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Viridian Chart Of The Week: How Much Is Liquidity Worth? (It's Complicated)
Tuesday, January 26, 2021 - 10:52am | 573In recent weeks, the largest U.S. Cannabis companies have raised record amounts of equity capital, significantly boosting liquidity. The graph displays Enterprise Value/Consensus 2021 EBITDA estimates for 36 U.S. Cannabis companies in the Viridian Value Tracker database, ranked by size and...
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Viridian Chart Of The Week: Who Gains From The Georgia Senate Flip?
Tuesday, January 12, 2021 - 4:33pm | 580This chart shows the percent change in the stock prices of the 5 largest U.S. and Canadian cannabis companies by market cap from the market close on January 4, 2021 (the day before the Georgia senate election) to January 8, 2021 (3 days after the election). Unexpectedly, the large...
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Viridian Chart Of The Week: Have We Seen The Bottom For Hemp?
Wednesday, December 9, 2020 - 1:35pm | 539Hemp capital market deals punished in 2020: Hemp capital raise transactions are down significantly in 2020 both in terms of aggregate dollars raised and in number of transactions. A similar picture is seen when we look at the number of acquisitions targeting hemp and when we look at hemp...
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Aphria, Anticipating Fed Legalization, Enters US Via $300M StreetWater Deal
Thursday, November 5, 2020 - 10:55am | 587Canadian cannabis giant Aphria Inc. (NASDAQ: APHA) decided to present its charms on the American ground through the acquisition of SW Brewing Co. LLC in a deal worth around $300 million. SweetWater Brewing, one of the biggest craft brewers — volume-wise — in the U.S., was...
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Data: Capital Raises And M&A Very Slow Amid COVID-19 Pandemic
Thursday, April 16, 2020 - 12:21pm | 1057The Viridian Cannabis Deal Tracker is an information service that monitors capital raise and M&A activity in the legal cannabis industry. Each week the Tracker analyzes/aggregates all closed deals and allocates each transaction to one of twelve key industry sectors in which the deal occurred (...
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Cannabis M&A Dries Up Amid COVID-19 Pandemic, But Raises Don't Stop
Thursday, April 9, 2020 - 2:48pm | 1006The Viridian Cannabis Deal Tracker is an information service that monitors capital raise and M&A activity in the legal cannabis industry. Each week the Tracker analyzes/aggregates all closed deals and allocates each transaction to one of twelve key industry sectors in which the deal occurred (...
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Cannabis Funding 2020: Fewer Raises, Bigger Numbers
Tuesday, February 11, 2020 - 2:19pm | 970The Viridian Cannabis Deal Tracker provides the deal data/terms/valuations/structures and market intelligence that cannabis companies, investors, and acquirers utilize to make informed decisions regarding capital and M&A strategy. The Viridian Cannabis Deal Tracker is an information service...
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Cannabis Capital Raises Getting Big In 2020, Despite A Challenging Private Placement Market
Thursday, January 30, 2020 - 3:58pm | 1382The Viridian Cannabis Deal Tracker provides the deal data/terms/valuations/structures and market intelligence that cannabis companies, investors, and acquirers utilize to make informed decisions regarding capital and M&A strategy. This information service monitors capital raise and M&A...
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Capital Raise, M&A Activity Remains Light Heading Into 2020
Thursday, January 16, 2020 - 4:48pm | 917The Viridian Cannabis Deal Tracker provides the deal data/terms/valuations/structures and market intelligence that cannabis companies, investors, and acquirers utilize to make informed decisions regarding capital and M&A strategy. Each week the Tracker analyzes/aggregates all closed deals and...
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Despite End-Of-Year Spike, Cannabis Capital Raises For 2019 Lagged Compared To 2018
Wednesday, January 8, 2020 - 2:02pm | 918The Viridian Cannabis Deal Tracker is an information service that monitors capital raise and M&A activity in the legal cannabis industry. Analyzing within 12 key industry sectors, the Viridian Cannabis Deal Tracker provides cannabis companies, investors, and acquirers with the data, trends, and...
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Data: Cannabis M&A And Raises Tanking Hard As 2020 Approaches
Thursday, December 19, 2019 - 4:04pm | 720The Viridian Cannabis Deal Tracker is an information service that monitors capital raise and M&A activity in the legal cannabis industry. Analyzing within 12 key industry sectors, the Viridian Cannabis Deal Tracker provides cannabis companies, investors, and acquirers with the data, trends, and...
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Viridian Cannabis Deal Tracker: Investment And M&A Remain Very Low, Compared To 2018
Wednesday, December 11, 2019 - 3:52pm | 804The Viridian Cannabis Deal Tracker is an information service that monitors capital raise and M&A activity in the legal cannabis industry. Analyzing within 12 key industry sectors, the Viridian Cannabis Deal Tracker provides cannabis companies, investors, and acquirers with the data, trends, and...
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Despite Slow Public Markets, Low-Teens Cannabis Capital Raises Proliferating
Wednesday, October 16, 2019 - 4:25pm | 1055The Viridian Cannabis Deal Tracker is an information service that monitors capital raise and M&A activity in the legal cannabis industry. Analyzing within 12 key industry sectors, the Viridian Cannabis Deal Tracker provides cannabis companies, investors, and acquirers with the data, trends, and...
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Cannabis Companies Acquiring Non-Cannabis Businesses To Bolster CPG Offerings - And Other Investment Trends
Tuesday, October 8, 2019 - 3:24pm | 894The Viridian Cannabis Deal Tracker is an information service that monitors capital raise and M&A activity in the legal cannabis industry. Analyzing within 12 key industry sectors, the Viridian Cannabis Deal Tracker provides cannabis companies, investors, and acquirers with the data, trends, and...