Marketing

Options for Buying a Cannabis Business in a Dry Capital Market

While capital markets may be dry, cannabis companies still have options for financing acquisitions. At the Benzinga Capital Conference just a few months ago, everyone was saying that “the capital markets are dry.” This was a phrase as popular as “cowabunga” was at the height of Bart Simpson’s popularity. But what does it mean to say “the capital markets are dry?” What are the...

Colorado cannabis retail chain Silverpeak is up for sale

Silverpeak Corp, one of the larger cannabis retail chains in Colorado, is selling its seven stores and a cultivation license, MJBizDaily has confirmed. The assets will go on the market Thursday, according to the brokerage handling the sale. The stores include five adult-use retail licenses and leases in Denver, Glenwood Springs, Louisville and Parachute as well as two dual retail licenses and...

Bidders circling with assets of marijuana brand High Times in receivership

Brokers handling the asset sale of cash-strapped marijuana brand and publication High Times are nearing a deal to unload its West Hollywood store, MJBizDaily has confirmed. A separate buyer has placed a six-figure offer on 420.com, one of several other assets up for sale from the Los Angeles-based parent of High Times, Hightimes Holding Corp., which entered receivership in April. The stalking-horse...

WHAT RESCHEDULING MEANS — AND DOESN’T

CALIFORNIA HITS State: Gov. Gavin Newsom asked the Department of Public Health and the Department of Alcoholic Beverage Control to issue notices to ensureyouth can’t access intoxicating hemp products. Business: Greenlife Business Group put out word that High Times is in receivership and assets for sale include a portfolio of seven California dispensaries. Local: In Stanislaus...

Be Prepared, Florida Is Going Recreational

It is coming to Florida. What's coming you might ask? I, and many others, would say EXPONENTIAL GROWTH in the cannabis space. Just days ago, Amendment 3 passed the last hurdle in place of recreational marijuana being on the 2024 ballot. Thanks to the Florida Supreme Court's approval of the proposed Amendment, recreational cannabis in the Sunshine State seems to be an inevitability. If Amendment 3 is...

2023 Is A Buyer’s Market – How To Ready Your Business For Listing

The price of cannabis is down in many states, the capital markets have all but dried up, and business owners are looking to sell in order to offload crushing liabilities. These factors have led to an increase in the amount of businesses for sale without the demand meeting the supply, thereby creating a golden opportunity for buyers. Welcome to the Buyer's Market. The question for sellers in these times is...

What Buyers Are Looking For – Metrics For Determining Value In A Cannabis Business

"Accounting numbers are the beginning, not the end, of business valuation." - Warren Buffet Business valuation, especially in the cannabis space, is an art form, as you have to not only follow the fundamentals of valuing a business, much like Mr. Buffet has done hundreds of times over his incredible tenure as a businessman, but you have to know the nuances and curvature of the cannabis market. There are...

Cannabis Companies in Receivership Good Opportunity or Steep Risk?

Acquiring a distressed company carries inherent risks. Securing a cannabis business out of receivership can present a unique chance to acquire a cannabis business or its assets for substantially less than what an equivalent business or its assets would sell for on the open market. But before discussing the opportunities that could be presented by a business in receivership, it is important to...

Green Life Business Announces A Massive Cultivation Facility

The American cannabis industry has continued to have steady and consistent growth in 2021. According to New Cannabis Ventures, Mergers and Acquisitions (M&As) within the cannabis space were projected to soar in the year 2021. Federal legalization on the horizon has increased interest and demand from operators outside of the cannabis industry. In the more recent months California has been known to be...

Green Life Business Continues To Lead The Cannabis Industry

Ever since cannabis became fully legalized in California, the cannabis market has been on fire. Today, there are fully-operational and turnkey businesses and facilities for sale, making it easier than ever to get involved in the lucrative cannabis industry. Green Life Business Group Inc. is leading the cannabis business brokerage market Nationwide and has the numbers to back it up. When it comes to finding...

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