The most interesting news from this past week beyond the typical financings in the space is Greenlane’s S-1 filing (see below for link). Greenlane and Kush Supply Co. compete on the packaging side, but Greenlane has impressive distribution to head shops, smoke shops, and dispensaries. It’ll be interesting to see what valuation premium the Company gets for operating in the Cannabis space as distributors often trade closer to 1.0x revenue.
Dai Truong's Weekly Newsletter - Issue #4
Dai Truong's Weekly Newsletter - Issue #4
Dai Truong's Weekly Newsletter - Issue #4
The most interesting news from this past week beyond the typical financings in the space is Greenlane’s S-1 filing (see below for link). Greenlane and Kush Supply Co. compete on the packaging side, but Greenlane has impressive distribution to head shops, smoke shops, and dispensaries. It’ll be interesting to see what valuation premium the Company gets for operating in the Cannabis space as distributors often trade closer to 1.0x revenue.