Comp tables as of March 30, 2020: Multiples expand as US estimates decline

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.

Insurance-covered cannabis in Germany sets fourth-quarter record, pushing 2019 total to 123 million euros

Insurance reimbursements for medical cannabis in Germany reached a new high during the October-December period, propelling total reimbursements last year up nearly 70% from 2018, according to new data from the German National Association of Statutory Health Insurance Funds (GKV-Spitzenverband).

Comp tables as of March 23, 2020: Multiples bottom at reasonable valuations

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.

Comp Tables as of March 16, 2020: Market swoon compresses multiples

These comp tables provide a benchmark for private investors to evaluate existing and future investments and 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.

Comp Tables as of March 9, 2020: Stocks drop 22% on average, compressing multiples further

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.

Canopy cuts capacity, CURA heats up Colorado, Linton launches hemp SPAC & Caltabiano quits Cresco

Cannabis companies – both marijuana and hemp – were heating up the headlines this week. From Canada to Colorado and beyond, execs made big announcements and companies shifted gears.

Canadian cannabis-infused drink makers eye potential half-billion-dollar market

Canadian companies are preparing to roll out cannabis-infused beverages to tap a market estimated to reach half-a-billion dollars.

British Columbia-based The Valens Co. announced the launch of a line of cannabis-infused beverages in Ontario this week, produced under a white label agreement with Iconic Brewing subsidiary A1 Cannabis Co.

Canadian indoor grow capacity to decline 7% on Canopy’s announced cuts

New Canopy Growth CEO David Klein is already imposing discipline upon the Canadian market by closing a staggering 58% of the Ontario company’s existing indoor production capacity and 29% of its total production area.

Comp Tables as of March 2, 2020: Multiples continue to compress

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.