Viridian Capital

Scott Greiper, President and Founder at Viridian Capital Advisors, was a guest speaker at Benzinga’s Cannabis Capital Conference on April 11 and 12, 2023.  Viridian Capital Advisors was among the first institutional financial and strategic advisory firms for the cannabis sector. The firm...

In a recent analyst note, Jonathan DeCourcey from Viridian Capital Advisors provided an update on cannabis companies Planet 13, Ascend Wellness and TILT Holdings. DeCourcey covered the companies’ earnings and business strategies and offered a market outlook analysis for Nevada,...

The 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...

In 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...

This 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...

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 (...

The 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...

This year on April 20, the U.S. legalized marijuana movement can celebrate some major progress in the past year. Unfortunately, the fact that marijuana remains illegal at the federal level means that the business of marijuana remains stigmatized. As a result, many marijuana companies operating...