Viridian Capital Advisors

Since Q3’2019 we have been commenting that the U.S. would become the main target region for cannabis company acquirers. We looked back through the Viridian Cannabis Deal Tracker and here are the numbers --  U.S. cannabis companies accounted for over 90% of M&A consideration in the...

  In general, smaller cap public companies trade at higher valuation multiples than larger cap companies due mainly to the expectations of faster growth. This is NOT the case in the cannabis industry. We looked at the valuations of the largest 6 market cap U.S. cannabis companies...

Hemp 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...

The 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 (...

Unlike equity capital raises which are sharply lower in 2020, debt raises increased from $423M to $563M to $940M in 2018, 2019 and YTD 2020 respectively. Like M&A, debt has moved eastward. California, Colorado, Oregon, and Washington jointly made up 34.5% of 2018 debt but only 5.4% of...

The 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 (...

Viridian reports a key shift in YTD M&A activity by region, with acquisition activity moving to the Eastern part of the country. The passage of adult-use legalization in N.J. this past Election Day was further proof that the Eastern cannabis market is progressing with adult-use legalization...

Since the beginning of the Viridian Deal Tracker in 2015, the Cultivation & Retail Sector has always dominated M&A transaction volumes. However, in 2020 we have seen an increase in 3 other sectors: Infused Products, Biotech/Pharma and Software/Media. The Infused Products & Extracts...

If New Jersey voters approve legal marijuana Nov. 3, it will be a "tremendous move" for the cannabis market, said Emily Paxhia, co-founder and managing partner at Poseidon Asset Management.  The Garden State is well-populated and well-positioned to apply pressure to other markets,...

The 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 (...

The 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...

The 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 (...

The 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 (...

The 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 (...

Las últimas noticias sobre cannabis, cáñamo, CBD, psicodélicos, y otras temáticas verdes, ahora en Benzinga en Español, vía El Planteo. La Empresa de Cannabis de Isiah Thomas ya Vende Semillas en Colombia One World Pharma Inc. (OTC: OWPC), la empresa...