{"id":239181,"date":"2020-08-11T20:39:46","date_gmt":"2020-08-11T20:39:46","guid":{"rendered":"https:\/\/wordpress-322679-2855828.cloudwaysapps.com\/?p=239181"},"modified":"2023-03-21T19:29:27","modified_gmt":"2023-03-21T19:29:27","slug":"cannabis-industry-readies-for-ma-after-covid-19-boosts-weed-demand","status":"publish","type":"post","link":"https:\/\/roundsconsulting.com\/2020\/08\/cannabis-industry-readies-for-ma-after-covid-19-boosts-weed-demand\/","title":{"rendered":"Cannabis industry readies for M&A after COVID-19 boosts"},"content":{"rendered":"

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Since its peak in August 2018 in the run-up to Canada\u2019s legalization of recreational weed, cannabis stocks tracker MJ ETF has dropped 70%. M&A fell 80% and capital raising slumped 70% to $2.71 billion through July 31, according to the Viridian cannabis deal tracker.<\/p>\n

However, as pot demand surged in lockdowns, stock prices have recovered, raising prospects that funding will be available for some deals.<\/p>\n

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\u201cYou\u2019ll still see a lot of the same funding sources but they\u2019re going to be much more diligent and cautious with their dollar,\u201d said Avis Bulbulyan, CEO at cannabis consultancy Siva Enterprises.<\/p>\n<\/blockquote>\n

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WE DO NOT OWN THIS CONTENT \u2013 IT WAS COPIED FROM Reuters<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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[vc_row][vc_column][vc_column_text] Since its peak in August 2018 in the run-up to Canada\u2019s legalization of recreational weed, cannabis stocks tracker MJ ETF has dropped 70%. M&A fell 80% and capital raising slumped 70% to $2.71 billion through July 31, according to the Viridian cannabis deal tracker. However, as pot demand surged in lockdowns, stock prices have […]<\/p>\n","protected":false},"author":2,"featured_media":239276,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[11],"tags":[28,29,30,31],"_links":{"self":[{"href":"https:\/\/roundsconsulting.com\/wp-json\/wp\/v2\/posts\/239181"}],"collection":[{"href":"https:\/\/roundsconsulting.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/roundsconsulting.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/roundsconsulting.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/roundsconsulting.com\/wp-json\/wp\/v2\/comments?post=239181"}],"version-history":[{"count":2,"href":"https:\/\/roundsconsulting.com\/wp-json\/wp\/v2\/posts\/239181\/revisions"}],"predecessor-version":[{"id":239286,"href":"https:\/\/roundsconsulting.com\/wp-json\/wp\/v2\/posts\/239181\/revisions\/239286"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/roundsconsulting.com\/wp-json\/wp\/v2\/media\/239276"}],"wp:attachment":[{"href":"https:\/\/roundsconsulting.com\/wp-json\/wp\/v2\/media?parent=239181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/roundsconsulting.com\/wp-json\/wp\/v2\/categories?post=239181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/roundsconsulting.com\/wp-json\/wp\/v2\/tags?post=239181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}