Fewer investments but more funds for U.S. cannabis companies in 2024
Green Market Report
Tue, Jan 14
Key Points
- In 2024, U.S. marijuana companies completed fewer capital raises compared to the previous year
- Despite fewer raises, the companies raised more money overall, indicating increased investor interest in the cannabis industry
- The trend suggests a potential warming up of investors towards the cannabis sector
- The information is from Viridian Capital Advisors' latest update
U.S. marijuana companies completed fewer capital raises in 2024 than in the year prior, but raised a good bit more money overall with the funding that did materialize, suggesting that some investors may be warming back up to the cannabis space.
That’s the macro takeaway from Viridian Capital Advisors’ latest update...
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