Budding Bonds: Connecting Cannabis Enthusiasts Through Seed Connector

Number of the Week: $811 million

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$811 million – Value of cannabis capital raises yr-to-date

Cannabis money stays challenging to get, and it is mirrored in the amount of elevate activity the market has found in the 1st part of 2024. As of the conclusion of May perhaps, hashish businesses experienced raised $811 million, down 22% from the exact same period in 2023. But it’s not bleak for each and every sector. According to Viridian Funds Advisors, the cultivation and retail sector – the premier sector tracked by Viridian – saw its raises up 48% in the similar timeframe.

Resource: Viridian Funds Advisors

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