The cannabis/life sciences industry is no doubt a burgeoning and complex industry. The state and federal regulatory environment is becoming more friendly, and many industry experts believe cannabis will soon be decriminalized at the federal level. Not only is adult-recreational use driving growth, but more medicinal and therapeutic uses are discovered each year.
As with most nascent industries, the cannabis space is expected to go through regular business cycles and trends such as growth, expansion, consolidations, roll-ups, divestitures, buy-outs, etc. This fundamental behavior will drive the need for high-quality business valuations performed by experienced and trained business valuation experts. This is where HVG can help. Our business valuation experts have more than 35 years of combined business valuation experience, proper training, and credentials. A thorough understanding of the myriad of risks and dynamics of a highly regulated industry such as cannabis is paramount to developing a comprehensive and accurate business valuation.
Contact us if you’d like to obtain a professional business valuation of your cannabis business.