This weekly series from Marijuana Business Daily and Viridian Capital Advisors provides the latest data on cannabis investment activity and MA, along with key takeaways, analysis and trends based on recent market moves.
The data below, provided by Viridian Capital Advisors, is through the week ended Jan. 4.
Key takeaways among capital raises:
- Israeli device manufacturer Syqe Medical closed a $50 million raise – a funding round estimated to be the single-largest investment into a cannabis-related firm, according to Harrison Phillips, vice president of Viridian Capital Partners. Syqe manufactures medical devices capable of delivering metered-dose inhalations of drugs, including cannabinoids. The raise follows a distribution and cooperation agreement inked in November with pharmaceutical giant Teva Pharmaceutical Industries.
- The New Year also kicked off another small, but noteworthy, U.S.-based raise: a $4 million funding round by Chooze Corp., which does
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