This week's Viridian Valuation Tracker investigates the valuation metrics of Canadian cultivation and retail companies with market caps over $100M.
In a recent report, Pablo Zuanic of Zuanic & Associates analyzed trends in Canada's recreational cannabis market through May 2024. The report highlights a deceleration in market growth and notable shifts in sales dynamics among leading licensed producers (LPs).
New Jersey's pre-roll market sees remarkable growth, with Verano and Miss Grass leading. Future projections show potential for further expansion, especially with infused pre-rolls.