Viridian Chart Of The Week: A Valuable Investor Tool To Track Cannabis Credit Quality
Portfolio Pulse from Viridian Capital Advisors
The Viridian Credit Tracker Model uses 11 market and financial variables to quantify four main credit factors: Liquidity, Leverage, Profitability, and Size. The model suggests that the best single number that an investor can calculate is Total Liabilities/ Market Cap. The model shows moderate improvement for C21 (OTC:CXXIF), Unrivaled (OTC:UNRV), Glass House (OTC:GLASF), TerrAscend (OTC:TSNDF), and AYR (OTC:AYRWF) while MariMed (OTC:MRMD), Trulieve (OTC:TRUL), and Cannabist (OTC:CBSTF), show moderate deterioration. Schwazze, Red White & Bloom (OTC:RWBYF), and Acreage (OTC:ACRDF) all show more significant deterioration.
October 16, 2023 | 4:23 pm
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POSITIVE IMPACT
AYR shows moderate improvement in credit quality according to the Viridian Credit Tracker Model.
The improvement in credit quality could potentially attract more investors, leading to a rise in the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
C21 shows moderate improvement in credit quality according to the Viridian Credit Tracker Model.
The improvement in credit quality could potentially attract more investors, leading to a rise in the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Glass House shows moderate improvement in credit quality according to the Viridian Credit Tracker Model.
The improvement in credit quality could potentially attract more investors, leading to a rise in the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
TerrAscend shows moderate improvement in credit quality according to the Viridian Credit Tracker Model.
The improvement in credit quality could potentially attract more investors, leading to a rise in the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Unrivaled shows moderate improvement in credit quality according to the Viridian Credit Tracker Model.
The improvement in credit quality could potentially attract more investors, leading to a rise in the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Acreage shows significant deterioration in credit quality according to the Viridian Credit Tracker Model.
The significant deterioration in credit quality could potentially deter investors, leading to a drop in the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Cannabist shows moderate deterioration in credit quality according to the Viridian Credit Tracker Model.
The deterioration in credit quality could potentially deter investors, leading to a drop in the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
MariMed shows moderate deterioration in credit quality according to the Viridian Credit Tracker Model.
The deterioration in credit quality could potentially deter investors, leading to a drop in the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Red White & Bloom shows significant deterioration in credit quality according to the Viridian Credit Tracker Model.
The significant deterioration in credit quality could potentially deter investors, leading to a drop in the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Trulieve shows moderate deterioration in credit quality according to the Viridian Credit Tracker Model.
The deterioration in credit quality could potentially deter investors, leading to a drop in the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80