After a period of rapid expansion and open capital markets, the cannabis and hemp industries have been beset with a new and more challenging operating environment with restricted capital markets and focus on cash flows. With Viridian’s extensive experience in the cannabis sector, proprietary industry database and with strong operational and liability restructuring knowledge, we respond quickly to restructuring and workout needs, assisting our clients in analyzing, structuring, negotiating and executing the best possible outcomes. Our skills encompass strategic review and recommendations, debt capacity and capital structure analysis and operational and financial restructuring execution, which are tightly coupled with our fundraising and M&A advisory practices.
Viridian's strategic advisory practice is tightly integrated with Viridian's Investment banking services including financing and M&A transactions.
Viridian provides restructuring services for both operating companies and company creditors, including the following:
Review corporate strategy relative to financial health and recommend appropriate action ad financial alternatives to achieve business plan goal and sustainability.
Review cash flow and forecast relative to debt service and capital structure and provide recommendations, including internal restructuring, asset disposition, bankruptcy/ ABC, raising capital or a sale of the company as a going concern.