• Announcements: 26
  • Capital Raises: 8
  • M&A Transactions: 11
  • M&A and Going-Public Transaction: 2
  • Capital Raise and M&A: 1
  • Joint Venture: 2
  • Spin-off: 1
  • Stock Listings: 1
• Year-over-Year:
  • Capital Raises: 2 capital raises closed this week for a total of $37.5 million compared to 9 raises closed for a total of $20.8 million this week last year.
  • M&A Transactions: 3 deals were closed this week compared to 0 deals closed this week last year.
• Canopy Growth Corp. (TSX: CGC) and Mettrum Health Corp. (TSXV: MT) announced their respective shareholder approvals of the plan of arrangement that will result in the merger of the two Canadian Licensed Producers, what will likely be the largest merger in the cannabis space to date.
• Two Canadian firms announced then increased the sizes of their capital raises:
  • Aurora Cannabis, Inc. (TSXV: ACB) announced a bought deal private placement of C$50.6 million, which is subsequently increased to C$60.0 million.
  • Kalytera Therapeutics, Inc. (TSXV: KALY)  announced a C$12.0 million private placement, which it subsequently increased to C$15.0 million.
• Two more companies going public:
  • Finore Mining, Inc. (CSE: FIN) entered into a share exchange agreement with Kushtown USA, LLC pursuant to which Kushtown will be acquired, effectively making it a public company.
  • WRAPmail, Inc. (OTCPink: WRAP) acquired HealthMax Group, a Washington-State-based producer of CBD products, effectively making HealthMax a public company.

• The Canadian Bioceuticals Corporation (CSE: BCC) closed the acquisition of a group of cannabis management consulting companies serving legal medical cannabis businesses in Arizona.
• GreenGro Technologies, Inc. (OTCPink: GRNH) acquired a 55 percent majority interest in Biodynamics, LLC, an Ohio-based leader in controlled environmental agriculture (CEA), renewable energy, and consumer hydroponics.
• Efftec International, Inc. (OTCPink: EFFI) acquired Volcanic Solutions, a Florida-based producer of proprietary formulated growing medium mixes.

Week Ended 1.27.17 - M&A Deals by Sector

• We have tracked 16 capital raises totaling $56.5 million.
• Public versus Private:
  • Public companies: 14 raises totaling $51.7 million
  • Private companies: 2 raises totaling $4.8 million
• Equity versus Debt:
  • Equity: 11 raises totaling $43.8 million
  • Debt: 5 raises totaling $12.7 million

• We have tracked 8 M&A transactions.
  • 8 deals by public companies
  • 0 deals by private companies

YTD M&A Deals by Week

YTD M&A Deals by Sector

Transactions by Sector for Week Ended January 27, 2017

Capital Raises

Biotech/Pharma
Kalytera Therapeutics, Inc. Announces Revised and Upsized Private Placement Terms

Kalytera Therapeutics, Inc. Announces Private Placement

Cultivation & Retail
Aurora Cannabis Announces Upsizing of Previously Announced Bought Deal Private Placement of Units to C$60,007,500

Aurora Cannabis Announces C$50,625,000 Bought Deal Private Placement of Units

MYM Announces Non-Brokered Financing

Infused Products & Extracts
Puration Colorado Cannabis Beverage Partner Spanish Peaks Secures $2 Million Investment to Fund Beverage Production Plant

Miscellaneous Ancillary
ChineseInvestors.com, Inc. Issues Convertible Preferred Stock

Software/Media
Eco Science Solutions, Inc. Announces Growth Capital Financing and Provides Operational Updates


Mergers & Acquisitions

Agriculture Technology
Efftec International, Inc. Announces Acquisition of Volcanic Solutions

Greengro Technologies, Inc. Merges with Biodynamics LLC to Build New Industry Leader in Controlled Environment Agriculture (CEA) Urban Farming Market

Biotech/Pharma
Veritas Pharma Places Final Payment in Trust for the Acquisition of Cannevert Therapeutics

Consumption Devices
Easton Pharmaceuticals Signs Letter of Intent to Acquire Major Vaporizer and e-Liquids Manufacturer iBliss Inc.

Cultivation & Retail
Canopy Growth and Mettrum Announce Respective Shareholder Approvals of the Plan of Arrangement

Infused Products & Extracts
Nutritional High Announces Entering into Agreements to Acquire Producer and Processor Licenses in Henderson, Nevada

Laguna Completes Definitive Equity Agreement with Carlsbad Naturals for Nano-Amplified CBD Water

Alliance Growers Updates Strategic Investment in Canna Companion

Real Estate
Smoke on the Water, Inc., a Wholly Owned Subsidiary of Grow Condos, Inc., Enters Agreement to Purchase Lake Selmac Resort & RV Park

Agritek Holdings, Inc. Announces Execution of Agreement for Completion of Purchase of 80-Acre Cannabis Farm Property in Colorado

Software/Media
Northsight Capital Planned Acquisition of Stargreen Enterprises, LLC


M&A and Going-Public Transaction

Infused Products & Extracts
Finore Mining Announces Definitive Agreement for Acquisition of Kushtown USA, LLC

WRAPmail, Inc. (WRAP) Acquires HealthMax Group, enters Multi-Billion Dollar Cannabis Industry


Capital Raise and M&A

Consulting Services
The Canadian Bioceutical Corporation Acquires Highly Profitable Cannabis Operations in Arizona


Joint Venture

Biotech/Pharma
Alternate Health Corp. Announces Cannabis Production Partnership with California Native American Band for Operation within Federal Law

Cultivation & Retail
PharmaCielo Signs Exclusive Agreement with Cooperativa Caucannabis to Establish Cultivation Partnership in Historic Cannabis Production Region of Colombia


Spin-Off

Real Estate
New Age Farm Provides Corporate Update


Stock Listings

Consulting Services
The Canadian Bioceutical Corporation Commences Trading on Canadian Securities Exchange

To Learn More About the Viridian CANNABIS DEAL TRACKER Contact:
 

Harrison Phillips
Viridian Capital Advisors, LLC
(212) 209-3086
hphillips@viridianca.com
 

* Viridian Capital Advisors and its affiliates, as well as their respective partners, directors, shareholders, and employees may have a position in the securities mentioned herein and may make purchases and/or sales from time to time. Viridian Capital Advisors, may act, or may have acted in the past, as a financial advisor, fiscal agent, or underwriter for certain of the companies mentioned herein and may receive, or may have received, a remuneration for their services from those companies.

About the Viridian CANNABIS DEAL TRACKER
The Viridian CANNABIS DEAL TRACKER monitors capital raise, mergers & acquisition, joint venture, and licensing activity for both public and private companies in the legal cannabis industry across 12 key sectors, including Agriculture Technology, Biotech/Pharma, Consulting Services, Consumption Devices, Cultivation & Retail, Hemp, Investments/M&A (Holding Companies), Infused Products & Extracts, Miscellaneous Ancillary, Physical Security, Real Estate, and Software/Media. 

Leveraging more than 3 years of data that's been collected, segmented, and analyzed, the CANNABIS DEAL TRACKER supports smart decision-making by providing sector-specific actionable intelligence and trend analysis in regard to issuers, investors, acquirers, valuations, deal structures, and deal terms.

The above information whether in part or in its entirety neither constitutes an offer nor makes any recommendation to buy or sell any securities.

About Viridian Capital Advisors, LLC
Viridian Capital Advisors (www.viridianca.com) is a financial and strategic advisory firm dedicated to the cannabis market. We are a data- and market intelligence-driven firm that provides investment banking, M&A, corporate development, and investor relations services to emerging growth companies and qualified investors in the cannabis sector. Our banking practice, through broker-dealer Pickwick Capital Partners, provides capital and M&A to fund the growth of our clients, while our advisory practice helps to position and build their businesses. Our team’s decades of high level operating and transactional experience on Wall Street in a variety of emerging sectors, allows Viridian to provide comprehensive strategic and financial solutions that assist cannabis enterprises in realizing their full potential.

Broker-Dealer Services Provided Through Pickwick Capital Partners, LLC, A Member of FINRA and SIPC