Viridian Cannabis Deal Tracker for the Week Ended April 28, 2017

Viridian Capital Advisors  |



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Capital Raises

Mergers & Acquisitions



Capital Raises


Mergers & Acquisitions

M&A activity in the Cultivation & Retail sector has been driven primarily by existing operators seeking strategic acquisitions and synergies to bolster their competitive positioning and increase market share.
Late-stage applicants in Health Canada's ACMPR system have lately generated additional interest as investors and strategics due to their relatively lower valuations (compared to Canadian cannabis cultivators licensed under the ACMPR).

M&A activity in Agriculture Technology sector points to continued development and implementation of more advanced growing technologies as cultivators seek to maximize efficiency and to lower costs amid pricing pressure.

Activity in Investments/M&A sector follows trend of accelerating M&A activity in cannabis sector.
Average of 1.4 deals closed per week in first three quarters of 2016 compared to 3.1 deals closed per week from the start of the fourth quarter of 2016 to date in 2017.


Capital Raises

Biotech/Pharma
Cannabis Science Selects Influential Southern California Financial Firm as the Lead to Raise the Proposed 25 Million USD in Expansion Capital and Boost its Industry Footprint


Consulting Services
Mentor Capital Invests Second Tranche in Electrum Partners


Real Estate
Agritek Holdings, Inc. Announces Execution of 5-Year Operational Agreement and Equity Interest in 25,000 Sq. Ft. Cultivation Facility in Puerto Rico and Funding Terms from Investment Firm for up to $3,000,000 for Operations and Future Acquisitions


Software/Media
SNM Global to Enter into $1 Million Term Sheet with Funky Biscuit; Will File a Tier 1 Reg A to Complete Acquisitions


Mergers & Acquisitions

Agriculture Technology
Indoor Harvest Corp Signs Definitive Agreement to Acquire Alamo CBD


Consumption Devices
Namaste Signs Definitive Agreement to Acquire CannMart Inc. and Announces Conference Call


Cultivation & Retail
Harvest One Announces Closure of United Greeneries and Satipharm Acquisition


Infused Products & Extracts
Easton Pharmaceuticals Announces Signing NDA and Starts Negotiations for Acquisition

Laguna Blends Signs Definitive Agreement to Acquire 100% of Isodiol


Investments/M&A
Invictus MD Completes Acquisition of Acreage Pharms Ltd., a Licensed Producer of Cannabis Under the ACMPR


Miscellaneous Ancillary
Canadian Cannabis Corp Enters Settlement Agreement For Potential Sale of the Assets of The Clinic Network Inc.


Capital Raise and Joint Venture

Investments/M&A
Canopy Growth Corp Establishes and Commits Initial Funding for the Cannabis Industry's First Streaming and Strategic Support Platform, Canopy Rivers Corporation


Joint Venture

Infused Products & Extracts
High Performance Beverages Signs MOU to Create Joint Venture With Jammin Java for New Line of Cold Coffee Beverages


New Stock Listing

Cultivation & Retail
WeedMD to Trade on the TSX Venture Exchange


Infused Products & Extracts
Israeli Medicinal Cannabis Start-Up Lists on the ASX as It Looks to Diversify Stock Offering


Investments/M&A
CannaRoyalty Joins the OTCQX Market in the United States


Harrison Phillips
Viridian Capital Advisors, LLC
(212) 209-3086
hphillips@viridianca.com


*Disclaimers
The information contained herein is for informational purposes and is not intended as a research report. It should not be construed as Viridian recommending investment in cannabis companies or as a solicitation to buy or sell any security or engage in a particular investment strategy. Investment in cannabis companies entails substantial risk. Before acting on any information, you should consider whether it is suitable for your particular circumstances and consult all available material, and, if necessary, seek professional advice.

Viridian Capital Advisors and its affiliates, as well as their respective partners, directors, shareholders, and employees, may have a position in the securities mentioned herein or may make purchases and/or sales from time to time. Viridian Capital Advisors, through broker-dealer services provided by Pickwick Capital Partners, LLC, (Member FINRA/SIPC), may act, or may have acted in the past, as a financial advisor to certain companies mentioned herein and may receive, or may have received, a remuneration for their services from those companies.

About the Viridian Cannabis Deal Tracker
The Viridian Cannabis Deal Tracker monitors capital raise, mergers & acquisition, joint venture, and licensing activity for both public and private companies in the legal cannabis industry across 12 key sectors, including Agriculture Technology, Biotech/Pharma, Consulting Services, Consumption Devices, Cultivation & Retail, Hemp, Investments/M&A (Holding Companies), Infused Products & Extracts, Miscellaneous Ancillary, Physical Security, Real Estate, and Software/Media.

Integrating more than 3 years of data collection, segmentation, and analysis, the Viridian Cannabis Deal Tracker supports decision-making by providing sector-specific actionable intelligence and trend analysis in regard to issuers, investors, acquirers, valuations, deal structures, and deal terms.

The above information whether in part or in its entirety neither constitutes an offer nor makes any recommendation to buy or sell any securities.

About Viridian Capital Advisors, LLC
Viridian Capital Advisors (www.viridianca.com) is a financial and strategic advisory firm dedicated to the cannabis market. We are a data- and market intelligence-driven firm that provides investment banking, M&A, corporate development, and investor relations services to emerging growth companies and qualified investors in the cannabis sector. Our banking practice, through broker-dealer Pickwick Capital Partners, LLC (Member FINRA/SIPC), provides capital and M&A to fund the growth of our clients, while our advisory practice helps to position and build their businesses. Our team’s decades of high level operating and transactional experience on Wall Street in a variety of emerging sectors, allows Viridian to provide comprehensive strategic and financial solutions that assist cannabis enterprises in realizing their full potential.

Marijuana remains illegal under federal law. The Federal Government does not recognize marijuana to have any medicinal values. Marijuana cultivation, possession, consumption, sales, and distribution are illegal under federal laws and also certain state laws. Please note that there are differences in marijuana laws from one state, county, or city to another.

Stock price data is provided by IEX Cloud on a 15-minute delayed basis. Chart price data is provided by TradingView on a 15-minute delayed basis.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not necessarily represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer.

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