Good News For Green Growth

Capital for buying, upgrading legal Cannabis business property increases

Posted by Staff  /  May 3, 2017  /

Most of the money goes to buying or upgrading indoor and outdoor farms and stores, survey says
By Peter Grant | The Wall Street Journal
More capital is flowing into the purchasing and upgrade of property tied to fledgling cannabis businesses in states where it has been legalized, according to statistics from Viridian Capital Advisors, an investment bank that specializes in the pot trade.

Last year businesses that focused on growing or dispensing marijuana raised about $475 million, according to the Viridian Cannabis Deal Tracker. This year the figure has already hit $225 million, the firm said.
This year-to-date is even better:




Forbes did a better job reporting - and it's not done behind a pay-wall
Source: click right here

Forbes Covers the Viridian Cannabis Deal Tracker

 New York, NY - January 3, 2017 (Investorideas.com Newswire) Forbes, a leading media company reporting on finance, industry, and investing, recently covered the Viridian Cannabis Deal Tracker in an article entitled, "Marijuana Industry Raises Over $1 Billion in 2016."

In an interview with Scott Greiper, the president and founder of Viridian Capital Advisors, the article details various trends in the cannabis capital markets, including a comparison of the Canadian and U.S. markets, the largest transactions closed YTD, the momentum in cannabis deal flow surrounding the recent U.S. November elections, as well as sentiment in the cannabis industry regarding President-elect Donald Trump and the tapping of Jeff Sessions for U.S. Attorney General.
Click the image below to read the article in its entirety:
The information contained herein is for informational purposes and should not be construed as Viridian recommending investment in cannabis companies or as a solicitation to buy or sell any security or engage in a particular investment strategy. Investment in cannabis companies entails substantial risk, before acting on any information, you should consider whether it is suitable for your particular circumstances and consult all available material, and if necessary, seek professional advice.