In the third of a 3-part series, Erik Ott of Investment Bank KO Acquisitions examines the due diligence process and shares advice on how to drive a transaction to a successful conclusion. In Part 1 Ott focused on the requirements necessary to engage in M&A discussions, and Part 2 discussed early engagement between buyer and […]
Mergers & Acquisitions
Cresco Labs Announces Mutual Agreement to Terminate Purchase Agreement With Tryke – Frees-Up $55 Million in Capital to Further Invest in Organic Growth Pipeline
PRESS RELEASE CHICAGO–(BUSINESS WIRE)– Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced today that it has reached a mutual agreement to terminate the purchase agreement dated September 16, 2019, to acquire certain assets (the “Agreement”) from Tryke Companies, LLC (“Tryke”). Cresco […]
Marketing a Cannabis Company for Sale, Part 4
Part 4: Confirm Deal Terms In the series “Marketing a Cannabis Company for Sale,” Dena Jalbert, walks through the nuances and intricacies involved in preparing a business for sale in the cannabis industry. This article, “Part 4: Confirm Deal Terms,” is part four of a five-part series. At this point in the process of marketing your […]
Marketing a Cannabis Company for Sale, Part 3
Part 3: Identify Profitability and Financial Trends In the series “Marketing a Cannabis Company for Sale,” Dena Jalbert walks through the nuances and intricacies involved in preparing a business for sale in the cannabis industry. This article, “Step 3: Identify Profitability and Financial Trends,” is part three of a five-part series. At this point in your journey […]
Marketing a Cannabis Company for Sale, Part 2
Step 2: Put Your Team in Place In the series “Marketing a Cannabis Company for Sale,” Dena Jalbert walks through the nuances and intricacies involved in preparing a business for sale in the cannabis industry. This article, “Step 2: Put Your Team in Place,” is part two of a five-part series. After mapping out your strategy […]
Cannabis Industry Slow Rollouts and Consolidations to Drive Ancillary Partnerships, M&A
By: Zachary Venegas Analysts have predicted upwards of 20,000 business licenses and a potentially $21+ billion market in California alone by 2021. The massive growth implicit in such projections seems a far cry from the operating tempo of the legal industry’s current rollout. Even so, examining other states that have implemented medical and adult-use cannabis […]
