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Cannabis Valuations Plummet: West Coast Dispensaries See Major Drops
Monday, August 26, 2024 - 4:01pm | 635The cannabis industry, once characterized by sky-high valuations and rapid expansion, is now facing a harsh reality: dispensaries that were worth millions just a year ago are now struggling to find buyers at a fraction of that price. As Debra Borchardt noted in Green Market Report, according to...
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Canadian Cannabis Companies Are More Valuable Than Rivals In The U.S. - Here's Why
Friday, July 12, 2024 - 4:55pm | 803Viridian Capital Advisors has released a report comparing the valuations of U.S. multi-state operators (MSOs) and Canadian licensed producers (LPs) with market caps over $100 million. The report reveals that Canadian LPs enjoy significantly higher valuations compared to their U.S. counterparts,...
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Texas Cannabis Company Secures $2B Valuation From LA Financial Firm
Monday, June 17, 2024 - 3:25pm | 534Cannabis Bioscience International Holdings (OTCPK: CBIH), a Texas-based cannabis company providing services for clinical research studies, announced Monday it received a $2 billion valuation following a rigorous assessment by StoneBridge Advisory, a Los Angeles financial advisory firm. ...