In Part 1, Erik Ott of investment bank KO Acquisitions explained how to get your cannabis company ready for an M&A transaction by concentrating on corporate hygiene. In Part 2, Ott examines the process and key elements involved in the non-binding Letter of Intent (LOI). You’ve given a few tours, talked with senior management, and probably talked high level numbers. Now it’s time for the offer which will be delivered via a non-binding Letter of Intent. This is a critical phase of the process, as it sets forth both the road map and the guardrails for the entire transaction. During this
Policy and Legal
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Industry News
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Producers
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Retailers
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