29 Jun Viridian Capital Cannabis Stock Index Gains 23.6% in Q1’2015
The “Benchmark Index for the Cannabis Industry” Continues to Outperform
NEW YORK, June 24, 2015 /Weed Wire/ — Viridian Capital Advisors has published its Q1’2015 Cannabis Stock Index, labeled by Barron’s as the benchmark index for the Cannabis industry.
This report covers 80 of the 350+ publicly traded companies in the cannabis industry that we believe are best positioned for growth, categorized into 11 different sectors. The report includes information on stock prices and returns, market caps, revenues, valuation multiples, capital raises, merger and acquisition transactions, strategic initiatives, and company highlights.
Key highlights for the quarter include:
- Q1’2015 capital raise transactions increase significantly, representing nearly half of all the capital raised in all of 2014.
- The number of registration statements clearing the SEC review process is growing, providing both increased liquidity and capital for these companies.
- The number of small fund investors in the market is increasing, providing more financing alternatives for public companies, and potentially friendlier structures/terms.
Viridian Capital Advisors, LLC is the first Wall Street investment bank and advisory platform dedicated to the Cannabis market. We are a specialized boutique banking and strategic advisory firm that provides research, investment banking, investor relations and corporate development services to emerging growth companies in the cannabis sector. Our banking practice, through broker-dealer Pickwick Capital Partners, provides capital and M&A to fund the growth of our clients, while our advisory practice helps to position and build their business. Leveraging our team’s decades of high level operating and transactional experience on Wall Street, in industry and in the government, we provide flexible comprehensive strategic and financial solutions that assist cannabis enterprises in realizing their full potential. For more information, please visit http://www.viridianca.com.
Viridian Capital Advisors, LLC
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