These comp tables provide a benchmark for private investors to evaluate existing and future investments, a way for companies to judge their own valuations for current and future capital raises as well as a menu for public investors to peruse.
MedMen Enterprises is undergoing a slow-motion restructuring of its capital structure and operations in public view as its lenders, led by Gotham Green Partners, equitized the company’s credit facility into something resembling preferred equity.
Florida cannabis total milligrams sold declined week-over-week, but we believe that is a product of panic buying because of coronavirus concerns.
Hexo Corp. (TSX: HEXO) disclosed that it needs to raise an additional CA$23.6 million – at least – just to satisfy cash needs for fiscal 2020, which total CA$105 million.
Key events that might impact your investments & investment decisions over the next month, including the next investing webcast from MJBizDaily’s Investor Intelligence.
It was a busy week for Harvest Health & Recreation (CSE: HARV), terminating its planned acquisition of Illinois-based Verano Holdings on Thursday and then announcing plans on Friday to acquire Franklin Labs.
Another deal made in different times failed. Harvest’s planned acquisition of Verano was called off, with both companies citing regulatory delays (exacerbated by the coronavirus response) and declines in capital markets.
Nevada’s month-to-month growth rate looks relatively stable, but you have to look at the growth rate from the same month in the previous year to get more context.
We suspect the fixed-dollar structure of Cresco Labs’ acquisition of Tryke likely will result in the deal’s downfall – either through an amendment or outright termination.
Average trading multiples for U.S.-focused operators compressed this week, while Canada-focused operators still trade at a premium on sales compared to U.S. operators, despite a smaller market and lower margins.
Many dispensaries have adapted to the new market reality by changing how their in-store customer lines work (setting minimum distances), starting curbside and express pick-up services, and increasing home delivery services.
Key events that might impact your investments & investment decisions over the next month, including earnings calls for Curaleaf and GrowGeneration.
