Five cannabis capital raise transactions totaled $33.8 million, vs. three transactions totaling $74.2 million during the same week in 2019.
The average tranche size was $6.8 million this week, vs. $24.7 million in the prior-year period.
The number of completed M&A transactions year-to-date is down
The number of completed M&A transactions year-to-date is down 71% vs. the comparable period of 2019 but, as Viridian pointed out, the dollar volume of M&A is down only about 47% with large deals
Episode 619 of The Talking Hedge:
Josh is not an investment adviser. The Talking Hedge is long gold and silver. Listeners should always speak to their personal financial advisers.