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July 8, 2017 – Viridian Capital released data for the week ended June 30, 2017, reporting that year-to-date, total capital raised in the cannabis sector is $1.29 billion, on 188 deals. In addition:

Announcements on the Week

  • Capital Raises: 7
  • M&A Transactions: 3
  • Going Public Transaction: 1
  • Joint Ventures: 2
  • New Stock Listing: 1

Year-to-Date:

  • Total Raised ($ mil): $1,290
  • Total Deals (#): 188
  • Total Raised ($ mil) – Public Companies: $978.6
  • Total Deals (#) – Public Companies: 119
  • Total Deals ($ mil) – Private Companies: 312
  • Total Deals (#) – Private Companies: 69
  • Total Raised Equity ($ mil): $1,090.5
  • Total Deals (#) – Equity: 147
  • Implied Avg. Equity Deal Size ($ mil): $7.4
  • Total Raised Debt ($ mil): $200.1
  • Total Deals (#) – Debt: 41
  • Implied Avg. Debt Deal Size ($ mil): $4.9

M&A Activity

  • YTD: 81 deals
  • Deals Closed per Week (Q1-Q3 2016): 1.4
  • Deals Closed per Week (Q4-YTD 2017): 3.2
  • Deals by Public Companies: 72
  • Deals by Private Companies: 9