Cannabis Investment Deal Flow Update
Issuance remained low this week, with only $41.9 million of total capital raised. Nonetheless, 2021 maintains its lead for the most capital raised for the first 16 weeks in #cannabis history.
Seven M&A transactions were completed this week, compared to none in the prior-year period. We have tracked 92 transactions YTD in 2021, compared to 25 in the same period last year. Public companies were the buyers in 82% of 2021 deals YTD compared to 88% in 2020.
Equity-based capital accounted for all four of this week’s six capital raises and accounted for 51.7% of the capital raised.
Of the seven companies which raised capital this week, three came from the Cultivation & Retail sector; two came from Biotech/Pharma; and one each came from Software/Media, Biotech/Pharma, and Investment / M&A.
Show Notes:
Viridian Cannabis Deal Tracker
https://www.viridianca.com/deal-tracker/cannabis-deal-tracker-week-16-2020
Host:
Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.
https://www.linkedin.com/in/joshkincaid/
Episode 705 of The Talking Hedge:
Your Cannabis Business Podcast.
Covering cannabis products, reviews, business news, interviews, investments, events, and more.
https://www.theTalkingHedgepodcast.com
Music Info:
Song: Beat | Keep On | 2020
Artist: Milochromatic Beats
&
Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018
Artist: LuxrayBeats
Keywords:
Hemp News, Weed News, Cannabis News, Marijuana News, Cannabis Business, Marijuana Business, Cannabis Industry News, Marijuana Industry News, Weed News 420, Talking Hedge Podcast, Cannabis Podcast, Marijuana Podcast, Business Podcast, CBD podcast, THC podcast, Cannabis Pitch Deck, Marijuana Pitch Deck, Marijuana Investment Deck, Cannabis Investment Deck, Cannabis Compliance, Cannabis Data, Cannabis Banking, Cannabis Investment, Pot Stocks, Cannabis Stocks, Weed Stocks, Marijuana Stocks, Cannabis Data, Marijuana Data, Cannabis Analytics, Marijuana Analytics, Cannabis Sales Data, Marijuana Sales Data
Josh is not an investment adviser. The Talking Hedge is long gold and silver. Listeners should always speak to their personal financial advisers.
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