In 2018, Cannabis and related companies from Canada, USA foreign countries raised CDN $16 billion in equity and debt financing. Where did all this money come from?
In 2018, $10 billion cannabis investments (62% of the $16 billion total) can be traced back to funding sources.
In addition to Canadian and US investors, investors from 99 other countries participated in 2018 financings. US investors led with $6.03 billion (61%), almost doubling of the total amount invested by Canadian investors which amounted to $3.1 billion.
Top ten deals account for 50% of total amount in 2018
Top ten cannabis deals, all with size of $200 million or more, raised $8.07 billion accounting for 50% of the total amount raised.
Top 10 Cannabis Deals in 2018
|Ranking||Company||Symbol(s)||Type of Financing|
|1||Canopy Growth Corporation||TSX: WEED; NYSE: CGC||Private Placement|
|2||Curaleaf Holdings, Inc.||CSE: CURA; OTCQX: CURLF||RTO Financing|
|3||Canopy Growth Corporation||TSX: WEED; NYSE: CGC||Debt Financing|
|4||Tilray, Inc.||NASDAQ: TLRY||Debt Financing|
|5||Acerage Holdings, Inc.||CSE: ACRG.U; OTCQX: ACRGF||RTO Financing|
|6||Harvest Health & Recreation Inc.||CSE: HARV; OTCQX: HRVSF||RTO Financing|
|7||Aphria Inc.||TSX/NYSE: APHA||Public Offering|
|8||Aurora Cannabis Inc.||TSX/NYSE: ACB||Public Offering|
|9||Tilray, Inc.||NASDAQ: TLRY||IPO Financing|
|10||Canopy Growth Corporation||TSX: WEED; NYSE: CGC||Public Offering|
The full report can be downloaded from financings.ca reports
Supporting data sheet for 2016 to 2018 can be purchased from CPE Media, contact us for details
Included: 1) monthly trends; 2) exchanges/private; 3) equity vs debt; 4) HQ with a full detailed listing; 5) major assets with a full detailed listing; 6) top 10 funding sources with a full detailed listing (2018 only); 7) 2018 top ten deals with investor or major jurisdiction investor information.
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