Fundraising among North American cannabis firms has yet to outpace levels logged this time last year, but the size of the average capital raise is steadily climbing, according to the latest data.
Through the fourth week of January, public cannabis companies have raised $394.1 million, with an average funding round of $24.6 million, according to data tracked by Viridian Capital Advisors.
That’s up nearly 45% from the year-ago figure of $13.7 million. For private firms, the
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