Deal Watch: Year-over-year capital raises in cannabis nearly triple in value

Capital raises in the cannabis industry may be roughly the same in terms of absolute numbers, but data shows the amount being raised has grown significantly. In August, the number of closed capital raises was 38, one fewer than the corresponding month last year, but the amount raised totaled $972.8 million, compared with $369.3 million. In terms of M&A transactions, 24 deals were completed in August compared with 26 in the same month in 2018. This monthly series from Marijuana Business Daily ...