Last week wasn’t the busiest for completed MA deals in the cannabis industry, but some notable transactions were concluded – including one involving a well-established multistate operator (MSO) and another a relatively new but fast-emerging player on the scene. (See details below.)
There were only five completed MA deals last week, bringing the total so far this year to 211. That compares with a total of 166 in a similar period in 2018.
In terms of capital raises, overall volume for the week was similar to last year ($117.1 million in 2019 compared with $133.8 million last year), but overall capital raises in 2019 continue to outpace last year – $7.68 billion versus $4.66 billion.
This weekly series from Marijuana Business Daily and Viridian Capital Advisors provides the latest data on cannabis investment activity and MA, along with key takeaways, analysis and