The webinar, entitled “Restructuring for Success” will address the increasing need in the cannabis and hemp sectors for restructuring services that arose with the downturn in company valuations and capital availability beginning in early 2019, and accelerated with the COVID pandemic. We will address the steps necessary for public and private companies to refocus, recapitalize and restructure – in order to reposition for capital and growth or maximize merger valuation.
Special Purpose Acquisition Companies (SPACs) have been gaining popularity as an investment vehicle in the cannabis sector but have still been flying somewhat under the radar. Viridian Capital Advisors and IC3 are delighted to welcome a panel of expert sponsors to discuss how a SPAC is structured, what its typical life cycle is, how it can benefit the acquired company and why it is an attractive investment vehicle in current market conditions.
The COVID-19 virus has had a dramatic impact on the global capital markets in general and the cannabis/hemp capital markets in particular. Drawing from data in the Viridian Cannabis Deal Tracker, the webinar will present market intelligence on the coronavirus’s impact on:
-Capital raising activity for public and private companies
-M&A activity for public and private companies
-Deal sizes and valuations
-Financing structures (debt vs. equity)
-Previously announced transactions