Filtered by tag "Investment"

5 Key Factors to Consider Before Making a Cannabis Acquisition

By Beau Whitney, VP and Senior Economist, New Frontier Data; and Andrew R. Lines, MAI, Principal, CohnReznick With talk of a looming recession, analysts predict that given a downturn there will be a short list of growth industries capable of delivering a healthy return on investment. Cannabis is near the top of it: Spending on […]
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From Martha Stewart to NY’s Southern Tier, A Cannabis-Do Attitude

By J.J. McCoy, Senior Managing Editor, New Frontier Data With major investment announcements already made this year about industrial hemp facilities in New York State’s Southern Tier, Broome County is staking an early claim to establish itself as the equivalent of Silicon Valley for industrial hemp. After the recent purchase of a 97,000-square-foot facility which […]
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Tilray Acquisition of Manitoba Harvest Sets Early Pace for 2019 as ‘Year of Consolidation’

By J.J. McCoy, Senior Managing Editor, New Frontier Data In a deal establishing a new industry landmark by which one of Canada’s largest licensed producers is buying the largest hemp company in a deal worth as much as $419 million CAD ($319 million USD), Toronto-based Tilray looks to be muscling past its closest competitors — […]
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M&A highlights from 2018

2018 Cannabis Mergers and Acquisitions Highlights

The North American cannabis sector established market legitimacy in 2018 with word of outside interests like Constellation Brands (maker of beer, wine, and spirits) investing heavily in the space. Likewise, a USD $1.8 billion buy-in by Altria group (owner of Marlboro) for a 45% stake in cannabinoid company, Cronos Group, marked bullish involvement by a Big Tobacco […]
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Canadian Market Driving Hemp and CBE M&A Activity

  Canada’s cannabis market is booming as advertised under Prime Minister Justin Trudeau’s cannabis-friendly administration. M&A activity has been concentrated among Canadian public companies (trading via TSX, CSE, or OTC) investing with or acquiring hemp companies. Access to capital and a better regulatory environment in Canada have stimulated investor activity there more than among U.S. [...]
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Top 10 Publicly Traded U.S. Cannabis Companies by Market Cap

  $23.9 billion The top 10 publicly traded U.S. cannabis companies are valued at $8.2 billion collectively, (CAD 23.9 billion), as illustrated here last week. Scotts Miracle-Gro drives most of the value of the top American companies, the $4.7 billion company already established as a leading lawn-and-garden supplier before investing heavily in cannabis assets, the most recent being […]
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Top 10 Publicly Traded Canadian Cannabis Companies by Market Cap

  With Canada poised to be the first G-7 country to fully legalize cannabis, investors have been actively seeking to capitalize on the unique opportunity. Canadian companies can export products internationally, dramatically increasing the size of the potential consumer base beyond the country’s 36 million residents. The export opportunity, coupled with a clearer regulatory environment […]
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Surging Investment Drives Need for Accurate Business Valuations

  In the legal cannabis industry, there are seven primary market sectors: Cultivation and Retail; Biotech/Pharma; Investment/M&A; Software and Media; Consumption Devices; Infused Products & Extracts; and Real Estate. Surging investment activity among each of those sectors heightens the premium for accurate business valuations. Between 2015 and 2017: Cultivation and Retail – UP 11.5x [...]
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