Viridian Capital Advisors Archives

John SchroyerOctober 10, 2023

The reliance on debt could cause issues for several multistate operators in a few years.

StaffOctober 4, 2023

The Daily Hit is a recap of the top financial news stories for Oct. 4, 2023. On the Site Tilray Throws Investors a Bone with Q1 Beat Tilray Brands Inc. (Nasdaq: TLRY) (TSX: TLRY) posted its first-quarter 2024 financial results ending Aug. 31, showing a mixed bag, with gains in revenue amid shrinking cannabis margins. […]

John SchroyerOctober 4, 2023

Capital raises overall are down 61.2% year-over-year.

Adam JacksonSeptember 11, 2023

Other sectors are set to gain, too.

Debra BorchardtAugust 29, 2023

The data now confirms that cannabis is more capital-intensive than other similar industries. A new report from Viridian Capital Advisors looked at the capital needs of cannabis companies versus four other industries. Viridian chose to compare cannabis to other companies and sectors that would be likely acquirers of cannabis companies upon federal legalization. They included […]

Debra BorchardtAugust 23, 2023

Despite an overall lack of liquidity, institutional investors - and the FDA - seem more comfortable with psychedelics.

Debra BorchardtJuly 6, 2023

The cannabis industry has been mired in a bear market for at least two years now. Challenges range from plunging prices for flower to excessive debt payments, and sales in mature markets have begun to plateau. Many believed that the catalyst to turn things around would be the passing of banking legislation like the SAFE […]

Debra BorchardtJune 14, 2023

In consumer-related industries, companies often have debt instruments that get graded by companies like Moody’s or Standard & Poors. That hasn’t been the case for cannabis, but Viridian Capital Advisors recently set about the task of measuring various cannabis company credit scores. The Viridian Credit Tracker said it utilizes 11 different bespoke credit ratios to […]

Debra BorchardtJune 7, 2023