New York has emerged as the leading state in the realm of cannabis-related capital acquisition, amassing a staggering total of $414.05 million in the last year, Viridian Capital Advisors has revealed. As the data reveals for the last twelve months (LTM) ending on September 8, 2023, the Empire State not only excels in capital accumulation but also maintains a robust position in transaction volume, securing the second spot with 17 transactions.
Hot on New York's heels, Illinois occupies the second position with capital totals reaching $353.00 million. The Golden State, California, …