There were 44 transactions in the North American Cannabis sector in December 2018, including 26 private placements, 2 public offerings, 13 mergers & acquisitions and 3 shelf registrations, with a total value of C$0.8 billion. Total deal volume decreased by 20% over December 2017 and transaction value decreased by 43%.
There were 61 transactions in the North American Cannabis sector in November 2018, including 36 private placements, 2 public offerings, 20 mergers & acquisitions and 3 shelf registrations, with a total value of C$2.3 billion. Total deal volume increased by 22% over November 2017 and transaction value decreased by 7%.
There were 79 transactions in the North American Cannabis sector in October 2018, including 42 private placements, 5 public offerings, 26 mergers & acquisitions and 6 shelf registrations, with a total value of C$2.7 billion. Total deal volume increased by 84% over October 2017 and transaction value increased by 281%.
Happy Legalization, Canada!
We are regularly asked to comment on forward looking capital structures of young or start-up companies in the Cannabis industry. A primary concern is founder dilution.
There were 60 transactions in the North American Cannabis sector in September 2018, including 32 private placements, 12 public offerings, 14 mergers & acquisitions and 2 shelf registrations, with a total value of C$1.4 billion. Total deal volume increased by 131% over September 2017 and transaction value increased by 411%.
