SANTA ANA, Calif., September 22, 2023 — Unrivaled Brands, Inc. (OTCQB: UNRV) (“Unrivaled,” “Unrivaled Brands,” or the “Company”), a cannabis company with operations throughout California, is pleased to announce that Viridian Capital Advisors released an updated Credit Summary and Ranking Report as of September 15, 2023, on which Unrivaled Brands was listed as the 8th most profitable cannabis company among its U.S. and Canadian publicly traded peers. It was also listed as having the 19th best credit rating amongst its peers. The rankings follow Unrivaled’s having surpassed a total market cap of $20.0 million.
Unrivaled’s unlikely path to inclusion in the rankings comes only 12 months after Sabas Carrillo and a turnaround team of executives took the helm of a company that was on the brink of receivership, facing aggressive litigation, and significant debt.
How to account for their rise in the cannabis industry? Mr. Carrillo, Unrivaled’s Chief Executive Officer said, “We have been working non-stop for over a year now. If you look at where we are and consider where we started, our progress has truly been a remarkable team effort at all levels of the organization. From budtenders and guides, to cultivators, to our corporate office, our team has come together in a common purpose: to win championships. In looking to the opportunities that lie ahead, I speak for the entire organization when I say that we are not going to miss our shot.”
Jim Miller, Unrivaled’s Chief Operating Officer, stated, “It bears repeating that our progress can be attributed to our gracious creditors, investors, and the cannabis community generally that all continue to support the company and work with us through challenges and uncertainty.”
The rankings can be found here: Viridian Credit Tracker – Viridian Capital Advisors.
Source: Viridian Capital Advisors: https://dealtracker.viridianca.com/credit-tracker-by-industry-sector/
About Unrivaled Brands
Unrivaled Brands is a company focused on the cannabis sector with operations in California. Unrivaled Brands operates four dispensaries and direct-to-consumer delivery, a cultivation facility, and several leading company-owned brands. Unrivaled Brands is home to Korova, known for its high potency products across multiple product categories.
For more info, please visit: https://unrivaledbrands.com.
