A new survey by Viridian Capital Advisors has found that institutional investors are increasingly bullish on U.S. cannabis multistate operators (MSOs). The survey found that 73% of institutional investors believe that MSOs will be a good investment over the next 12 months Here is a summary of the article:

• Date: November 27, 2023
• Survey Finding: Institutional investors are increasingly bullish on U.S. cannabis multistate operators (MSOs).
• Percentage of Bullish Investors: 73%

The survey found that 73% of institutional investors believe that MSOs will be a good investment over the next 12 months. This is a significant increase from previous surveys, and it suggests that institutional investors are becoming more confident in the cannabis industry.

There are a number of reasons why institutional investors are becoming more bullish on MSOs. First, the cannabis industry is growing rapidly. The global legal cannabis market is expected to reach $101.3 billion by 2026. Second, MSOs are increasingly profitable. In 2021, the average EBITDA margin for MSOs was 22%. Third, MSOs are becoming more vertically integrated, which is giving them greater control over their supply chains and reducing their costs.

As a result of these factors, institutional investors are increasingly viewing MSOs as a good long-term investment. The survey by Viridian Capital Advisors is just one piece of evidence that suggests that the cannabis industry is maturing and that institutional investors are taking it more seriously.

Here is the source of the article:

• Source: MJBizDaily
• Title: Big investors keener on cannabis MSOs as rescheduling looms, survey shows
• URL: https://mjbizdaily.com/investor-intelligence/early-cannabis-investors-poised-to-reap-massive-rewards-of-growing-institutional-interest/

The article discusses a survey by Viridian Capital Advisors that found that 73% of institutional investors believe that MSOs will be a good investment over the next 12 months. The article also discusses the reasons why institutional investors are becoming more bullish on MSOs, such as the rapid growth of the cannabis industry, the increasing profitability of MSOs, and the increasing vertical integration of MSOs.