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Cannabis · DreamFields

Jeeter

Leading premium cannabis brand under DreamFields. Dominant market share in pre-rolls and infused products across legal markets.

Key metrics

Initial investment
$250K
Current value
$588.2K
Entry valuation
$425M
Latest valuation
$1B
Current MOIC
2.4x
Base case
$882.4K
Bull case
$1.8M
Conviction
3/10

Key value driver

#1 preroll globally; $482M retail rev; 56% GM; alcohol-comp upside if legalized

Primary risk

Federal illegality; 280E; EBITDA growth lag (3% on 8% rev growth); leverage 4.1x

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