Chart Of The Week: Cannabis Credit Markets Are Hot Across the Credit Quality Spectrum
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 16 2024
0mins
Source: Benzinga
Cannabis Debt Market Growth: The cannabis debt market has seen significant activity in Q3 2024, with approximately $632M raised through refinancings and new deals, marking the highest quarterly proceeds since late 2021.
Investor Demand Across Credit Quality: Despite a cautious equity market, there is strong investor demand for cannabis companies across various credit qualities, as evidenced by recent refinancing transactions and capital raises from both established and struggling firms.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
