Equity raises high as overall cannabis capital surges

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Equity capital raises were the key trend of the week as the cannabis space recorded the third-highest weekly amount raised so far in 2019.

In total, $289.8 million was raised through equity deals, just two weeks after the second-highest week of the year when $473.5 million was raised.Twenty-one deals raising $354.3 million closed this week. That compares with just five deals raising $44.8 million in the same period last year.

This weekly series from Marijuana Business Daily and Viridian Capital Advisors provides the latest data on cannabis investment activity and M&A, along with key takeaways, analysis and trends based on recent market moves.

Read more at mjbizdaily.com