Cannabis financing Series 1: total funding surpasses $16B in 2018

It is a well-known fact that cannabis investments in Canada were huge in 2018, however, there are no figures to quantify the financing activities. CPE Media Analytics today is releasing Canada’s first definitive report on cannabis investments in Canada by Canadian, USA and foreign companies for the period of 2016 to 2018.

Cannabis and related companies from Canada, USA foreign countries raised CDN $16 billion in equity and debt financing by way of fundraising through Canadian Exchanges and NASDAQ (Canadian companies only) and private placement (private companies), an increase of 445% over 2017 and 2,117% over 2016.

Tomorrow, Series 2: Cannabis Fundraising by Exchanges.

The full report can be downloaded from financings.ca reports

photo credit: Bernell via pixabay