Budding M&A And Financing Activity In The Marijuana Industry

In September 2016, this blog noted that analysts were predicting higher levels of M&A activity in the marijuana industry. Early last month, we commented that the launch of several Canadian marijuana "streaming" companies – which provide financing to start-ups in exchange for a portion of the start-up's future product at a fixed price (or a percentage of the start-up's future profits from that product) – promised to provide an alternative avenue of raising capital for start-ups.

According to data published by Viridian Capital Advisors, a strategic and financial advisory firm dedicated to the cannabis industry, investment and M&A activity in the global industry increased in 2016 and has continued to increase in 2017.